First Allied Advisory Services Inc. Grows Stake in Healthcare Trust of America, Inc. (HTA)

First Allied Advisory Services Inc. raised its position in Healthcare Trust of America, Inc. (NYSE:HTA) by 1.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,875 shares of the real estate investment trust’s stock after purchasing an additional 137 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Healthcare Trust of America were worth $243,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Healthcare Trust of America by 34.1% in the 2nd quarter. Vanguard Group Inc. now owns 29,518,137 shares of the real estate investment trust’s stock worth $918,310,000 after purchasing an additional 7,510,727 shares during the period. BlackRock Inc. raised its holdings in shares of Healthcare Trust of America by 44.3% in the 2nd quarter. BlackRock Inc. now owns 13,050,386 shares of the real estate investment trust’s stock worth $405,999,000 after purchasing an additional 4,003,376 shares during the period. Daiwa Securities Group Inc. raised its holdings 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 during the period. Cbre Clarion Securities LLC raised its holdings in shares of Healthcare Trust of America by 56.9% in the 2nd quarter. Cbre Clarion Securities LLC now owns 8,181,898 shares of the real estate investment trust’s stock worth $254,539,000 after purchasing an additional 2,965,936 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Healthcare Trust of America by 5,675.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,025,724 shares of the real estate investment trust’s stock worth $187,461,000 after purchasing an additional 5,921,387 shares during the period. Institutional investors own 97.75% of the company’s stock.

A number of equities analysts have recently commented on the company. FBR & Co restated a “hold” rating and issued a $32.00 price objective on shares of Healthcare Trust of America in a report on Wednesday. Mizuho restated a “buy” rating and issued a $36.00 price objective on shares of Healthcare Trust of America in a report on Wednesday, October 4th. Jefferies Group LLC restated a “buy” rating and issued a $34.00 price objective on shares of Healthcare Trust of America in a report on Tuesday, October 3rd. BMO Capital Markets restated a “buy” rating and issued a $35.00 price objective on shares of Healthcare Trust of America in a report on Monday, October 2nd. Finally, Capital One Financial Corporation restated an “equal weight” rating and issued a $31.00 price objective on shares of Healthcare Trust of America in a report on Monday, September 25th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $34.00.

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Shares of Healthcare Trust of America, Inc. (NYSE HTA) opened at 29.85 on Wednesday. The stock has a 50 day moving average price of $30.49 and a 200-day moving average price of $30.90. Healthcare Trust of America, Inc. has a 1-year low of $26.34 and a 1-year high of $33.00. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of 146.32 and a beta of 0.30.

Healthcare Trust of America (NYSE:HTA) last announced its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.39. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The company had revenue of $139.90 million during the quarter, compared to analysts’ expectations of $133.69 million. During the same quarter in the previous year, the firm earned $0.38 earnings per share. The business’s quarterly revenue was up 23.6% compared to the same quarter last year. On average, equities research analysts expect that Healthcare Trust of America, Inc. will post $0.26 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 6th. Shareholders of record on Monday, October 2nd were given a $0.305 dividend. The ex-dividend date was Friday, September 29th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.09%. This is a boost from Healthcare Trust of America’s previous quarterly dividend of $0.30. Healthcare Trust of America’s payout ratio is currently 580.95%.

About Healthcare Trust of America

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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