Healthcare Trust of America, Inc. (HTA) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its position in Healthcare Trust of America, Inc. (NYSE:HTA) by 35.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 9,951 shares of the real estate investment trust’s stock after selling 5,573 shares during the period. Principal Financial Group Inc.’s holdings in Healthcare Trust of America were worth $313,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Comerica Bank bought a new position in shares of Healthcare Trust of America during the first quarter worth approximately $202,000. Brookstone Capital Management bought a new position in shares of Healthcare Trust of America during the first quarter worth approximately $209,000. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Healthcare Trust of America during the first quarter worth approximately $211,000. SG Americas Securities LLC boosted its position in shares of 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. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position 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 worth $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. (HTA) traded down 0.36% during trading on Friday, hitting $30.33. The company had a trading volume of 2,116,746 shares. The stock has a market capitalization of $6.09 billion, a price-to-earnings ratio of 148.68 and a beta of 0.32. Healthcare Trust of America, Inc. has a 1-year low of $26.34 and a 1-year high of $34.64. The company’s 50 day moving average price is $30.16 and its 200-day moving average price is $30.94.

Healthcare Trust of America (NYSE:HTA) last posted its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The business had revenue of $139.90 million for the quarter, compared to analyst estimates of $133.69 million. During the same period last year, the company earned $0.38 EPS. Healthcare Trust of America’s revenue for the quarter was up 23.6% compared to the same quarter last year. On average, 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. Investors of record on Monday, October 2nd will be given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a yield of 4.02%. This is a positive change from Healthcare Trust of America’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, September 29th. Healthcare Trust of America’s dividend payout ratio (DPR) is presently 571.43%.

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HTA has been the topic of a number of recent analyst reports. Mitsubishi UFJ Financial Group Inc reiterated a “buy” rating on shares of Healthcare Trust of America in a research report on Thursday, May 4th. Jefferies Group LLC upgraded Healthcare Trust of America to a “buy” rating and set a $36.00 target price on the stock in a research report on Monday, June 5th. Zacks Investment Research upgraded Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Wednesday, June 7th. Mitsubishi UFJ Financial Group reiterated a “buy” rating on shares of Healthcare Trust of America in a research report on Wednesday, May 3rd. Finally, Stifel Nicolaus decreased their target price on Healthcare Trust of America from $36.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Healthcare Trust of America has an average rating of “Buy” and an average target price of $34.50.

In related news, CEO Scott D. Peters sold 55,240 shares of the firm’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $32.06, for a total transaction of $1,770,994.40. Following the transaction, the chief executive officer now directly owns 405,092 shares in the company, valued at approximately $12,987,249.52. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by company 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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