Healthcare Trust Of America Inc (HTA) Position Decreased by Guggenheim Capital LLC

Guggenheim Capital LLC reduced its stake in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 13.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 232,657 shares of the real estate investment trust’s stock after selling 35,541 shares during the quarter. Guggenheim Capital LLC’s holdings in Healthcare Trust Of America were worth $6,155,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quantbot Technologies LP bought a new stake in shares of Healthcare Trust Of America during the first quarter valued at about $100,000. Zions Bancorporation bought a new stake in shares of Healthcare Trust Of America during the first quarter valued at about $116,000. Glenmede Trust Co. NA raised its stake in shares of Healthcare Trust Of America by 100.0% during the fourth quarter. Glenmede Trust Co. NA now owns 4,000 shares of the real estate investment trust’s stock valued at $120,000 after purchasing an additional 2,000 shares in the last quarter. American International Group Inc. bought a new stake in shares of Healthcare Trust Of America during the fourth quarter valued at about $128,000. Finally, Bedel Financial Consulting Inc. bought a new stake in shares of Healthcare Trust Of America during the first quarter valued at about $157,000. Institutional investors and hedge funds own 98.70% of the company’s stock.

A number of brokerages recently weighed in on HTA. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Thursday, June 28th. ValuEngine upgraded shares of Healthcare Trust Of America from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 26th. Morgan Stanley cut their price objective on shares of Healthcare Trust Of America from $33.00 to $30.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 20th. Raymond James restated a “market perform” rating on shares of Healthcare Trust Of America in a research note on Friday, June 1st. Finally, BMO Capital Markets set a $31.00 price objective on shares of Healthcare Trust Of America and gave the company a “buy” rating in a research note on Monday, March 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Healthcare Trust Of America currently has an average rating of “Hold” and an average price target of $31.20.

In related news, CEO Scott D. Peters sold 77,425 shares of Healthcare Trust Of America stock in a transaction dated Monday, April 9th. The stock was sold at an average price of $26.28, for a total transaction of $2,034,729.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Robert A. Milligan bought 3,800 shares of the stock in a transaction that occurred on Friday, June 8th. The shares were purchased at an average cost of $25.35 per share, for a total transaction of $96,330.00. Following the completion of the acquisition, the chief financial officer now owns 141,564 shares of the company’s stock, valued at $3,588,647.40. The disclosure for this purchase can be found here. 0.90% of the stock is owned by insiders.

Healthcare Trust Of America opened at $26.69 on Tuesday, Marketbeat.com reports. The stock has a market cap of $5.53 billion, a P/E ratio of 16.37, a PEG ratio of 4.03 and a beta of 0.21. Healthcare Trust Of America Inc has a 52-week low of $24.06 and a 52-week high of $31.87. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.84.

Healthcare Trust Of America (NYSE:HTA) last released its earnings results on Monday, April 30th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.37). The firm had revenue of $175.60 million for the quarter, compared to analyst estimates of $175.17 million. Healthcare Trust Of America had a return on equity of 1.82% and a net margin of 9.04%. Healthcare Trust Of America’s revenue was up 41.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 earnings per share. sell-side analysts anticipate that Healthcare Trust Of America Inc will post 1.67 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 10th. Investors of record on Thursday, July 5th will be issued a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date is Tuesday, July 3rd. Healthcare Trust Of America’s payout ratio is currently 74.85%.

About Healthcare Trust Of America

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.1 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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Institutional Ownership by Quarter for Healthcare Trust Of America (NYSE:HTA)

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