UBS Oconnor LLC Grows Stock Holdings in Healthcare Trust Of America Inc (NYSE:HTA)

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UBS Oconnor LLC grew its holdings in Healthcare Trust Of America Inc (NYSE:HTA) by 85.0% during the second quarter, HoldingsChannel reports. The firm owned 231,300 shares of the real estate investment trust’s stock after acquiring an additional 106,300 shares during the period. UBS Oconnor LLC’s holdings in Healthcare Trust Of America were worth $6,345,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HTA. Bank of America Corp DE grew its stake in shares of Healthcare Trust Of America by 58.8% in the second quarter. Bank of America Corp DE now owns 1,273,899 shares of the real estate investment trust’s stock worth $34,944,000 after acquiring an additional 471,948 shares in the last quarter. Kempen Capital Management N.V. grew its stake in shares of Healthcare Trust Of America by 41.7% in the second quarter. Kempen Capital Management N.V. now owns 450,153 shares of the real estate investment trust’s stock worth $12,348,000 after acquiring an additional 132,477 shares in the last quarter. Putnam Investments LLC grew its stake in shares of Healthcare Trust Of America by 0.8% in the second quarter. Putnam Investments LLC now owns 245,654 shares of the real estate investment trust’s stock worth $6,738,000 after acquiring an additional 1,899 shares in the last quarter. A.R.T. Advisors LLC grew its stake in shares of Healthcare Trust Of America by 4.6% in the second quarter. A.R.T. Advisors LLC now owns 94,100 shares of the real estate investment trust’s stock worth $2,581,000 after acquiring an additional 4,100 shares in the last quarter. Finally, Echo Street Capital Management LLC grew its stake in shares of Healthcare Trust Of America by 45.1% in the second quarter. Echo Street Capital Management LLC now owns 2,843,642 shares of the real estate investment trust’s stock worth $78,001,000 after acquiring an additional 883,572 shares in the last quarter. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have commented on HTA shares. Berenberg Bank started coverage on shares of Healthcare Trust Of America in a research note on Thursday, September 12th. They issued a “buy” rating and a $33.00 price target for the company. Zacks Investment Research downgraded shares of Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. Finally, Citigroup started coverage on shares of Healthcare Trust Of America in a research note on Thursday, June 20th. They issued a “neutral” rating and a $29.00 price target for the company. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Healthcare Trust Of America has an average rating of “Buy” and an average target price of $30.75.

Shares of Healthcare Trust Of America stock traded up $0.15 during trading on Thursday, hitting $28.76. 833,481 shares of the stock were exchanged, compared to its average volume of 979,521. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 5.21 and a beta of 0.30. The firm’s 50-day moving average price is $27.89 and its 200 day moving average price is $28.04. Healthcare Trust Of America Inc has a 12-month low of $24.21 and a 12-month high of $29.39. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.41 and a quick ratio of 1.41.

Healthcare Trust Of America (NYSE:HTA) last released 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 Thomson Reuters’ consensus estimate of $0.41 by ($0.33). The firm had revenue of $171.80 million for the quarter, compared to analysts’ expectations of $171.38 million. Healthcare Trust Of America had a return on equity of 6.73% and a net margin of 31.68%. Healthcare Trust Of America’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the firm posted $0.41 earnings per share. As a group, research analysts forecast that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 3rd will be given a dividend of $0.315 per share. This is a boost from Healthcare Trust Of America’s previous quarterly dividend of $0.31. This represents a $1.26 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Wednesday, October 2nd. Healthcare Trust Of America’s payout ratio is 76.54%.

Healthcare Trust Of America 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.

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

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