Healthcare Trust of America, Inc. (NYSE:HTA) Position Raised by Sequent Asset Management LLC

Sequent Asset Management LLC boosted its holdings in Healthcare Trust of America, Inc. (NYSE:HTA) by 8.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,816 shares of the real estate investment trust’s stock after acquiring an additional 3,591 shares during the period. Healthcare Trust of America accounts for about 0.8% of Sequent Asset Management LLC’s portfolio, making the stock its 20th largest holding. Sequent Asset Management LLC’s holdings in Healthcare Trust of America were worth $1,365,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. V Wealth Management LLC acquired a new position in Healthcare Trust of America during the second quarter worth $101,000. First Mercantile Trust Co. acquired a new position in Healthcare Trust of America during the second quarter worth $132,000. US Bancorp DE increased its position in shares of Healthcare Trust of America by 1,142.9% during the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 4,000 shares during the period. Public Employees Retirement Association of Colorado increased its position in shares of Healthcare Trust of America by 44.0% during the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock worth $192,000 after acquiring an additional 1,888 shares during the period. Finally, Comerica Bank purchased a new stake in shares of Healthcare Trust of America during the first quarter worth $202,000. Hedge funds and other institutional investors own 97.88% of the company’s stock.

A number of analysts have recently weighed in on HTA shares. UBS AG raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating in a research report on Monday, July 17th. Raymond James Financial, Inc. raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a research report on Monday, July 17th. BidaskClub lowered Healthcare Trust of America from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. TheStreet lowered Healthcare Trust of America from a “b-” rating to a “c” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research raised Healthcare Trust of America from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Five research 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. The company has a consensus rating of “Buy” and an average price target of $34.20.

TRADEMARK VIOLATION WARNING: This report was originally reported by Week Herald and is owned by of Week Herald. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at https://weekherald.com/2017/11/15/sequent-asset-management-llc-buys-3591-shares-of-healthcare-trust-of-america-inc-hta.html.

Shares of Healthcare Trust of America, Inc. (NYSE HTA) traded up $0.17 during mid-day trading on Tuesday, hitting $30.75. The company’s stock had a trading volume of 1,267,600 shares, compared to its average volume of 1,545,156. The stock has a market capitalization of $6,310.00, a price-to-earnings ratio of 18.65, a price-to-earnings-growth ratio of 4.65 and a beta of 0.31. Healthcare Trust of America, Inc. has a 12 month low of $27.18 and a 12 month high of $33.00. 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 (NYSE:HTA) last issued its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.34). Healthcare Trust of America had a return on equity of 1.50% and a net margin of 6.75%. The firm had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $163.62 million. During the same period in the previous year, the business posted $0.40 EPS. The business’s revenue for the quarter was up 48.8% compared to the same quarter last year. research analysts forecast that Healthcare Trust of America, Inc. will post 1.64 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd will be paid a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 3.97%. Healthcare Trust of America’s dividend payout ratio (DPR) is 508.33%.

Healthcare Trust of America 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.

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

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

Leave a Reply