Healthcare Trust of America, Inc. (NYSE:HTA) Stake Cut by Janus Capital Management LLC

Janus Capital Management LLC lowered its position in Healthcare Trust of America, Inc. (NYSE:HTA) by 91.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,600 shares of the real estate investment trust’s stock after selling 328,650 shares during the period. Janus Capital Management LLC’s holdings in Healthcare Trust of America were worth $931,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of HTA. Metropolitan Life Insurance Co. NY increased its stake in shares of Healthcare Trust of America by 1.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 15,620 shares of the real estate investment trust’s stock worth $455,000 after buying an additional 167 shares during the last quarter. Norges Bank acquired a new stake in shares of Healthcare Trust of America during the fourth quarter worth $37,856,000. UBS Asset Management Americas Inc. increased its stake in shares of Healthcare Trust of America by 28.6% in the fourth quarter. UBS Asset Management Americas Inc. now owns 312,878 shares of the real estate investment trust’s stock worth $9,108,000 after buying an additional 69,568 shares during the last quarter. Teachers Advisors LLC increased its stake in shares of Healthcare Trust of America by 143.1% in the fourth quarter. Teachers Advisors LLC now owns 1,138,526 shares of the real estate investment trust’s stock worth $33,142,000 after buying an additional 670,218 shares during the last quarter. Finally, Highbridge Capital Management LLC acquired a new stake in shares of Healthcare Trust of America during the fourth quarter worth $2,553,000. Hedge funds and other institutional investors own 89.57% of the company’s stock.

Shares of Healthcare Trust of America, Inc. (HTA) opened at 30.45 on Friday. The stock has a 50 day moving average price of $31.21 and a 200 day moving average price of $30.87. The firm has a market capitalization of $4.38 billion, a P/E ratio of 89.56 and a beta of 0.32. Healthcare Trust of America, Inc. has a 52 week low of $26.34 and a 52 week high of $34.64.

Healthcare Trust of America (NYSE:HTA) last announced its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.41. Healthcare Trust of America had a net margin of 10.38% and a return on equity of 2.63%. The company had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $122.79 million. During the same quarter in the previous year, the company earned $0.40 earnings per share. Healthcare Trust of America’s quarterly revenue was up 15.8% on a year-over-year basis. Analysts forecast that Healthcare Trust of America, Inc. will post $0.14 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 11th. Investors of record on Wednesday, July 5th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend was Friday, June 30th. Healthcare Trust of America’s dividend payout ratio is currently 363.64%.

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HTA has been the subject of a number of recent analyst reports. BMO Capital Markets reiterated a “hold” rating and set a $33.00 price target on shares of Healthcare Trust of America in a report on Wednesday, April 12th. Zacks Investment Research downgraded Healthcare Trust of America from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. Jefferies Group LLC increased their price target on Healthcare Trust of America from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, May 1st. Mitsubishi UFJ Financial Group reiterated a “buy” rating on shares of Healthcare Trust of America in a report on Wednesday, May 3rd. Finally, Mitsubishi UFJ Financial Group Inc reiterated a “buy” rating on shares of Healthcare Trust of America in a report on Thursday, May 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Healthcare Trust of America presently has an average rating of “Buy” and a consensus price target of $34.50.

In related news, Director Daniel S. Henson purchased 10,000 shares of Healthcare Trust of America stock in a transaction that occurred on Friday, May 5th. The shares were bought at an average price of $29.74 per share, for a total transaction of $297,400.00. Following the completion of the transaction, the director now directly owns 13,741 shares of the company’s stock, valued at $408,657.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Warren D. Fix purchased 3,000 shares of Healthcare Trust of America stock in a transaction that occurred on Wednesday, May 3rd. The shares were bought at an average price of $29.64 per share, for a total transaction of $88,920.00. Following the transaction, the director now directly owns 56,425 shares of the company’s stock, valued at $1,672,437. The disclosure for this purchase can be found here. 1.50% of the stock is owned by insiders.

Healthcare Trust of America Company Profile

Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.

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

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