Healthcare Trust of America, Inc. (HTA) Holdings Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its position in Healthcare Trust of America, Inc. (NYSE:HTA) by 39.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,715,128 shares of the real estate investment trust’s stock after purchasing an additional 2,166,703 shares during the quarter. Bank of New York Mellon Corp owned approximately 3.77% of Healthcare Trust of America worth $229,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Westpac Banking Corp bought a new position in shares of Healthcare Trust of America in the second quarter worth approximately $7,499,000. Legal & General Group Plc boosted its position in shares of Healthcare Trust of America by 39.9% in the second quarter. Legal & General Group Plc now owns 532,683 shares of the real estate investment trust’s stock worth $16,572,000 after purchasing an additional 151,890 shares during the period. US Bancorp DE boosted its position in shares of Healthcare Trust of America by 1,142.9% in the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 4,000 shares during the period. Swiss National Bank boosted its position in shares of Healthcare Trust of America by 36.5% in the second quarter. Swiss National Bank now owns 318,786 shares of the real estate investment trust’s stock worth $9,917,000 after purchasing an additional 85,200 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Healthcare Trust of America by 5,675.3% in the second 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 and hedge funds own 97.88% of the company’s stock.

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Healthcare Trust of America, Inc. (NYSE:HTA) opened at $30.56 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30. Healthcare Trust of America, Inc. has a 12-month low of $27.47 and a 12-month high of $33.00. The firm has a market cap of $6,261.32, a price-to-earnings ratio of 18.63, a P/E/G ratio of 4.64 and a beta of 0.31.

Healthcare Trust of America (NYSE:HTA) last released its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). The business had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $163.62 million. Healthcare Trust of America had a net margin of 6.75% and a return on equity of 1.50%. Healthcare Trust of America’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 EPS. analysts expect that Healthcare Trust of America, Inc. will post 1.65 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Investors of record on Tuesday, January 2nd will be paid a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Friday, December 29th. Healthcare Trust of America’s payout ratio is 508.35%.

A number of equities analysts have weighed in on the stock. SunTrust Banks, Inc. set a $36.00 price target on shares of Healthcare Trust of America and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Stifel Nicolaus upped their price target on shares of Healthcare Trust of America from $34.00 to $35.00 and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Zacks Investment Research lowered shares of Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. BidaskClub lowered shares of Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, BMO Capital Markets restated a “buy” rating and set a $35.00 target price on shares of Healthcare Trust of America in a research report on Monday, October 2nd. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. Healthcare Trust of America currently has a consensus rating of “Buy” and an average price target of $34.20.

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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