Healthcare Trust of America, Inc. (NYSE:HTA) Shares Sold by The PNC Financial Services Group Inc.

The PNC Financial Services Group Inc. trimmed its position in shares of Healthcare Trust of America, Inc. (NYSE:HTA) by 34.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,399 shares of the real estate investment trust’s stock after selling 4,504 shares during the period. The PNC Financial Services Group Inc.’s holdings in Healthcare Trust of America were worth $231,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of Healthcare Trust of America by 4.8% during the 4th quarter. BlackRock Inc. now owns 17,268,600 shares of the real estate investment trust’s stock worth $475,579,000 after buying an additional 798,494 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Healthcare Trust of America by 12.8% during the 4th quarter. Principal Financial Group Inc. now owns 16,630,700 shares of the real estate investment trust’s stock worth $458,009,000 after buying an additional 1,885,295 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Healthcare Trust of America by 3.5% during the 1st quarter. Victory Capital Management Inc. now owns 6,168,162 shares of the real estate investment trust’s stock worth $170,118,000 after buying an additional 210,978 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Healthcare Trust of America by 68.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 6,024,192 shares of the real estate investment trust’s stock worth $165,906,000 after buying an additional 2,439,001 shares during the last quarter. Finally, PGGM Investments increased its holdings in shares of Healthcare Trust of America by 73.1% during the 1st quarter. PGGM Investments now owns 4,658,143 shares of the real estate investment trust’s stock worth $128,472,000 after buying an additional 1,966,701 shares during the last quarter. Institutional investors and hedge funds own 98.06% of the company’s stock.

NYSE:HTA opened at $29.51 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average price of $28.29. The stock has a market cap of $6.46 billion, a PE ratio of 113.50 and a beta of 0.60. Healthcare Trust of America, Inc. has a 1-year low of $23.39 and a 1-year high of $29.70.

Healthcare Trust of America (NYSE:HTA) last posted its quarterly earnings data on Thursday, May 6th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.33). The firm had revenue of $191.50 million during the quarter, compared to analysts’ expectations of $189.58 million. Healthcare Trust of America had a net margin of 7.69% and a return on equity of 2.61%. The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 earnings per share. On average, analysts predict that Healthcare Trust of America, Inc. will post 1.76 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 12th. Shareholders of record on Friday, April 2nd were given a $0.32 dividend. The ex-dividend date of this dividend was Wednesday, March 31st. This represents a $1.28 dividend on an annualized basis and a yield of 4.34%. Healthcare Trust of America’s payout ratio is currently 74.85%.

A number of analysts recently weighed in on the stock. Morgan Stanley upped their price target on shares of Healthcare Trust of America from $25.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Monday, March 15th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a research report on Wednesday, May 5th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Healthcare Trust of America presently has an average rating of “Hold” and a consensus target price of $30.33.

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 25.1 million square feet of GLA, with $7.4 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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