Duff & Phelps Investment Management Co. Has $71.32 Million Stock Position in Healthcare Trust Of America Inc (NYSE:HTA)

Duff & Phelps Investment Management Co. raised its stake in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 28.5% during the second quarter, Holdings Channel reports. The firm owned 2,600,162 shares of the real estate investment trust’s stock after buying an additional 576,350 shares during the period. Duff & Phelps Investment Management Co.’s holdings in Healthcare Trust Of America were worth $71,322,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gradient Investments LLC boosted its holdings in shares of Healthcare Trust Of America by 60.6% in the 2nd quarter. Gradient Investments LLC now owns 978 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 369 shares in the last quarter. Next Capital Management LLC acquired a new position in shares of Healthcare Trust Of America in the 1st quarter worth approximately $50,000. Quadrant Capital Group LLC boosted its holdings in shares of Healthcare Trust Of America by 1,382.9% in the 1st quarter. Quadrant Capital Group LLC now owns 3,737 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 3,485 shares in the last quarter. Liberty Wealth Management LLC acquired a new position in shares of Healthcare Trust Of America in the 2nd quarter worth approximately $115,000. Finally, Machina Capital S.A.S. acquired a new position in shares of Healthcare Trust Of America in the 2nd quarter worth approximately $115,000. 90.65% of the stock is currently owned by institutional investors.

NYSE:HTA traded up $0.08 during trading hours on Friday, hitting $28.09. 17,906 shares of the stock were exchanged, compared to its average volume of 1,169,748. The company’s 50 day moving average is $27.42 and its two-hundred day moving average is $28.08. Healthcare Trust Of America Inc has a twelve month low of $24.21 and a twelve month high of $29.39. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $5.78 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 5.12 and a beta of 0.33.

Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings data on Tuesday, July 23rd. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.33). Healthcare Trust Of America had a return on equity of 6.73% and a net margin of 31.68%. The firm had revenue of $171.80 million for the quarter, compared to analyst estimates of $171.38 million. During the same period in the prior year, the company posted $0.41 EPS. The firm’s quarterly revenue was down .9% compared to the same quarter last year. On average, equities research analysts expect that Healthcare Trust Of America Inc will post 1.64 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 3rd will be issued a dividend of $0.315 per share. This is an increase from Healthcare Trust Of America’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, October 2nd. This represents a $1.26 annualized dividend and a yield of 4.49%. Healthcare Trust Of America’s dividend payout ratio is currently 76.54%.

HTA has been the topic of several recent analyst reports. Citigroup initiated coverage on Healthcare Trust Of America in a report on Thursday, June 20th. They issued a “neutral” rating and a $29.00 target price on the stock. Raymond James raised Healthcare Trust Of America from a “market perform” rating to an “outperform” rating in a report on Monday, May 13th. Finally, Zacks Investment Research downgraded Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $30.25.

Healthcare Trust Of America Company Profile

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.

Read More: Intrinsic Value

Want to see what other hedge funds are holding HTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Trust Of America Inc (NYSE:HTA).

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

Receive News & Ratings for Healthcare Trust Of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust Of America and related companies with MarketBeat.com's FREE daily email newsletter.