Lord Abbett & CO. LLC Has $20.38 Million Position in Healthcare Trust Of America Inc (HTA)

Lord Abbett & CO. LLC decreased its holdings in Healthcare Trust Of America Inc (NYSE:HTA) by 5.2% during the 4th quarter, Holdings Channel reports. The firm owned 805,374 shares of the real estate investment trust’s stock after selling 44,300 shares during the period. Lord Abbett & CO. LLC’s holdings in Healthcare Trust Of America were worth $20,384,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of HTA. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Healthcare Trust Of America by 79.1% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 1,060 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 468 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new position in Healthcare Trust Of America in the fourth quarter valued at $67,000. PNC Financial Services Group Inc. lifted its holdings in Healthcare Trust Of America by 26.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,646 shares of the real estate investment trust’s stock valued at $93,000 after buying an additional 772 shares during the period. Ffcm LLC lifted its holdings in Healthcare Trust Of America by 141.0% in the fourth quarter. Ffcm LLC now owns 4,056 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 2,373 shares during the period. Finally, Engineers Gate Manager LP acquired a new position in Healthcare Trust Of America in the third quarter valued at $203,000. 90.89% of the stock is currently owned by institutional investors.

NYSE:HTA opened at $28.79 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.76. The stock has a market cap of $5.90 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 4.32 and a beta of 0.51. Healthcare Trust Of America Inc has a one year low of $24.06 and a one year high of $29.22.

Healthcare Trust Of America (NYSE:HTA) last posted its earnings results on Thursday, February 14th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.34). The business had revenue of $172.30 million for the quarter, compared to the consensus estimate of $172.80 million. Healthcare Trust Of America had a return on equity of 6.51% and a net margin of 30.65%. The company’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 earnings per share. On average, equities analysts predict that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Wednesday, April 3rd will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 4.31%. The ex-dividend date is Tuesday, April 2nd. Healthcare Trust Of America’s payout ratio is presently 76.54%.

Several equities analysts recently issued reports on HTA shares. BMO Capital Markets lowered shares of Healthcare Trust Of America from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $30.00 to $28.00 in a report on Wednesday, January 9th. ValuEngine lowered shares of Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Tuesday, December 25th. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Wednesday, December 19th. Capital One Financial upgraded shares of Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a report on Friday, February 15th. Finally, Jefferies Financial Group lowered shares of Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Thursday, December 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. Healthcare Trust Of America has an average rating of “Hold” and an average target price of $29.57.

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About Healthcare Trust Of America

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. 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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