Neuberger Berman Group LLC Sells 35,996 Shares of Healthcare Trust of America, Inc. (HTA)

Neuberger Berman Group LLC lessened its stake in shares of Healthcare Trust of America, Inc. (NYSE:HTA) by 10.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 323,069 shares of the real estate investment trust’s stock after selling 35,996 shares during the quarter. Neuberger Berman Group LLC owned approximately 0.16% of Healthcare Trust of America worth $10,051,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Healthcare Trust of America by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 22,007,410 shares of the real estate investment trust’s stock worth $692,354,000 after purchasing an additional 717,284 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Healthcare Trust of America by 33.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 10,382,397 shares of the real estate investment trust’s stock worth $322,997,000 after purchasing an additional 2,586,706 shares in the last quarter. BlackRock Inc. boosted its position in shares of Healthcare Trust of America by 4,226.2% in the 1st quarter. BlackRock Inc. now owns 9,047,010 shares of the real estate investment trust’s stock worth $284,619,000 after purchasing an additional 8,837,888 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Healthcare Trust of America by 44.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,548,425 shares of the real estate investment trust’s stock worth $172,612,000 after purchasing an additional 1,694,809 shares in the last quarter. Finally, APG Asset Management US Inc. boosted its position in shares of Healthcare Trust of America by 22.9% in the 2nd quarter. APG Asset Management US Inc. now owns 3,760,031 shares of the real estate investment trust’s stock worth $116,975,000 after purchasing an additional 700,000 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors and hedge funds.

In other Healthcare Trust of America news, CEO Scott D. Peters sold 55,240 shares of the company’s stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $32.06, for a total value of $1,770,994.40. Following the completion of the transaction, the chief executive officer now owns 405,092 shares in the company, valued at $12,987,249.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

HTA has been the subject of a number of recent analyst reports. Jefferies Group LLC raised Healthcare Trust of America to a “buy” rating and set a $36.00 price objective for the company in a research report on Monday, June 5th. Zacks Investment Research raised Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Wednesday, June 7th. UBS AG raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating in a research report on Monday, July 17th. Stifel Nicolaus lowered their price objective on Healthcare Trust of America from $36.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday, July 12th. Finally, TheStreet cut Healthcare Trust of America from a “b-” rating to a “c” rating in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $34.14.

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Shares of Healthcare Trust of America, Inc. (NYSE:HTA) opened at 31.46 on Monday. The firm’s 50-day moving average price is $30.40 and its 200-day moving average price is $31.05. The firm has a market cap of $6.31 billion, a PE ratio of 154.22 and a beta of 0.32. Healthcare Trust of America, Inc. has a 12 month low of $26.34 and a 12 month high of $34.35.

Healthcare Trust of America (NYSE:HTA) last released its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. Healthcare Trust of America had a net margin of 6.07% and a return on equity of 1.42%. The company had revenue of $139.90 million during the quarter, compared to the consensus estimate of $133.69 million. During the same quarter in the prior year, the firm posted $0.38 earnings per share. Healthcare Trust of America’s revenue for the quarter was up 23.6% on a year-over-year basis. Analysts expect that Healthcare Trust of America, Inc. will post $0.25 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, October 2nd will be paid a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend is Friday, September 29th. This is an increase from Healthcare Trust of America’s previous quarterly dividend of $0.30. Healthcare Trust of America’s dividend payout ratio is currently 571.43%.

Healthcare Trust of America 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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