Adelante Capital Management LLC grew its position in Healthcare Trust of America, Inc. (NYSE:HTA) by 8.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 1,709,075 shares of the real estate investment trust’s stock after acquiring an additional 132,434 shares during the period. Healthcare Trust of America accounts for approximately 3.0% of Adelante Capital Management LLC’s investment portfolio, making the stock its 16th biggest position. Adelante Capital Management LLC owned 0.85% of Healthcare Trust of America worth $53,169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Healthcare Trust of America by 34.1% in the 2nd quarter. Vanguard Group Inc. now owns 29,518,137 shares of the real estate investment trust’s stock valued at $918,310,000 after acquiring an additional 7,510,727 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Healthcare Trust of America by 44.3% in the 2nd quarter. BlackRock Inc. now owns 13,050,386 shares of the real estate investment trust’s stock valued at $405,999,000 after acquiring an additional 4,003,376 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Healthcare Trust of America by 33.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 10,382,397 shares of the real estate investment trust’s stock valued at $322,997,000 after acquiring an additional 2,586,706 shares during the last quarter. Cbre Clarion Securities LLC lifted its stake in shares of Healthcare Trust of America by 56.9% in the 2nd quarter. Cbre Clarion Securities LLC now owns 8,181,898 shares of the real estate investment trust’s stock valued at $254,539,000 after acquiring an additional 2,965,936 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Healthcare Trust of America by 5,675.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,025,724 shares of the real estate investment trust’s stock valued at $187,461,000 after acquiring an additional 5,921,387 shares during the last quarter. Institutional investors own 97.75% of the company’s stock.

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Shares of Healthcare Trust of America, Inc. (HTA) traded up 0.40% on Thursday, reaching $29.99. The company had a trading volume of 211,591 shares. The company has a market capitalization of $6.02 billion, a PE ratio of 147.01 and a beta of 0.30. The company’s 50-day moving average is $30.56 and its 200-day moving average is $30.93. Healthcare Trust of America, Inc. has a one year low of $26.34 and a one year high of $33.00.

Healthcare Trust of America (NYSE:HTA) last announced its 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 net margin of 6.07% and a return on equity of 1.42%. The company had revenue of $139.90 million during the quarter, compared to analyst estimates of $133.69 million. During the same period in the previous year, the business earned $0.38 earnings per share. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. Equities research analysts predict that Healthcare Trust of America, Inc. will post $0.26 earnings per share for the current year.

The firm 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. The ex-dividend date of this dividend is Friday, September 29th. 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 4.08%. Healthcare Trust of America’s payout ratio is currently 580.95%.

A number of research analysts have recently commented on HTA shares. Raymond James Financial, Inc. upgraded Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research note on Monday, July 17th. BidaskClub upgraded Healthcare Trust of America from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Zacks Investment Research cut Healthcare Trust of America from a “hold” rating to a “sell” rating in a research note on Wednesday, September 6th. UBS AG upgraded Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating in a research note on Monday, July 17th. Finally, Mizuho reiterated a “buy” rating on shares of Healthcare Trust of America in a research note on Tuesday, June 27th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Healthcare Trust of America currently has a consensus rating of “Buy” and an average target price of $34.00.

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.

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

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