Healthcare Trust of America, Inc. (HTA) Position Cut by American International Group Inc.

American International Group Inc. lowered its position in shares of Healthcare Trust of America, Inc. (NYSE:HTA) by 5.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,215 shares of the real estate investment trust’s stock after selling 196 shares during the period. American International Group Inc.’s holdings in Healthcare Trust of America were worth $101,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comerica Bank acquired a new position in Healthcare Trust of America during the first quarter worth approximately $202,000. Brookstone Capital Management acquired a new position in Healthcare Trust of America during the first quarter worth approximately $209,000. SG Americas Securities LLC raised its position in Healthcare Trust of America by 24.2% in the first quarter. SG Americas Securities LLC now owns 7,723 shares of the real estate investment trust’s stock worth $243,000 after buying an additional 1,504 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Healthcare Trust of America by 6.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,523 shares of the real estate investment trust’s stock worth $268,000 after buying an additional 485 shares during the period. Finally, Amica Retiree Medical Trust purchased a new position in Healthcare Trust of America during the first quarter worth $395,000. 93.36% of the stock is owned by institutional investors and hedge funds.

Healthcare Trust of America, Inc. (HTA) traded down 0.493% during trading on Friday, hitting $29.265. The stock had a trading volume of 141,718 shares. Healthcare Trust of America, Inc. has a 12 month low of $26.34 and a 12 month high of $34.64. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 143.456 and a beta of 0.32. The firm has a 50 day moving average of $30.49 and a 200-day moving average of $30.91.

Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.39. The company had revenue of $139.90 million for the quarter, compared to the consensus estimate of $133.69 million. Healthcare Trust of America had a net margin of 6.07% and a return on equity of 1.42%. Healthcare Trust of America’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same period last year, the firm posted $0.38 EPS. Equities analysts predict that Healthcare Trust of America, Inc. will post $0.14 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, October 2nd will be issued a $0.305 dividend. This is an increase from Healthcare Trust of America’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, September 29th. This represents a $1.22 annualized dividend and a dividend yield of 4.15%. Healthcare Trust of America’s payout ratio is presently 571.43%.

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A number of research analysts have weighed in on HTA shares. 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 upped their target price 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. Mitsubishi UFJ Financial Group Inc restated a “buy” rating on shares of Healthcare Trust of America in a research note on Thursday, May 4th. Finally, BMO Capital Markets set a $33.00 price target on Healthcare Trust of America and gave the stock a “hold” rating in a research note on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $34.50.

In other news, CEO Scott D. Peters sold 55,240 shares of Healthcare Trust of America stock in a transaction dated 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 sale, the chief executive officer now owns 405,092 shares of the company’s stock, valued at $12,987,249.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.

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.

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

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