Russell Investments Group Ltd. Sells 313,163 Shares of Healthcare Trust of America, Inc. (HTA)

Russell Investments Group Ltd. lowered its stake in shares of Healthcare Trust of America, Inc. (NYSE:HTA) by 53.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 272,779 shares of the real estate investment trust’s stock after selling 313,163 shares during the period. Russell Investments Group Ltd. owned about 0.19% of Healthcare Trust of America worth $8,493,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of HTA. PNC Financial Services Group Inc. boosted its stake in shares of Healthcare Trust of America by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 7,300 shares of the real estate investment trust’s stock valued at $229,000 after buying an additional 29 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Healthcare Trust of America by 1.6% in the first quarter. Teacher Retirement System of Texas now owns 11,163 shares of the real estate investment trust’s stock valued at $351,000 after buying an additional 171 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Healthcare Trust of America by 0.3% in the first quarter. Public Employees Retirement System of Ohio now owns 62,418 shares of the real estate investment trust’s stock valued at $1,964,000 after buying an additional 185 shares during the last quarter. Shepherd Financial Partners LLC boosted its stake in shares of Healthcare Trust of America by 2.3% in the first quarter. Shepherd Financial Partners LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $444,000 after buying an additional 318 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 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 valued at $268,000 after buying an additional 485 shares during the last quarter. Institutional investors own 70.89% of the company’s stock.

Healthcare Trust of America, Inc. (NYSE HTA) traded down 0.13% during mid-day trading on Thursday, hitting $30.46. 512,861 shares of the company were exchanged. The company’s 50-day moving average is $30.23 and its 200 day moving average is $30.93. Healthcare Trust of America, Inc. has a 12-month low of $26.34 and a 12-month high of $34.64. The company has a market capitalization of $6.11 billion, a P/E ratio of 149.31 and a beta of 0.32.

Healthcare Trust of America (NYSE:HTA) last released its earnings results 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. The business had revenue of $139.90 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the business earned $0.38 earnings per share. Analysts expect that Healthcare Trust of America, Inc. will post $0.23 EPS for the current year.

The business also recently declared 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 is an increase from Healthcare Trust of America’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a yield of 4.00%. The ex-dividend date is Friday, September 29th. Healthcare Trust of America’s payout ratio is 571.43%.

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Several brokerages have commented on HTA. Jefferies Group LLC upped their target price on shares of Healthcare Trust of America from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, May 1st. BidaskClub upgraded shares of Healthcare Trust of America from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Zacks Investment Research cut shares of Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Tuesday. BMO Capital Markets upgraded shares of Healthcare Trust of America from a “market perform” rating to an “outperform” rating and upped their target price for the company from $33.00 to $35.00 in a research report on Tuesday, June 20th. They noted that the move was a valuation call. Finally, FBR & Co began coverage on shares of Healthcare Trust of America in a research report on Tuesday, July 11th. They set a “mkt perform” rating and a $32.00 target price for the company. Two investment analysts have rated the stock with a sell rating, eight have issued a buy rating and two have given a strong buy rating to the stock. Healthcare Trust of America currently has a consensus rating of “Buy” and a consensus price target of $34.50.

In other Healthcare Trust of America news, CEO Scott D. Peters sold 55,240 shares of Healthcare Trust of America 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 sale, the chief executive officer now directly owns 405,092 shares of the company’s stock, valued at $12,987,249.52. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.50% of the company’s stock.

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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