Cbre Clarion Securities LLC trimmed its stake in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 20.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 6,201,933 shares of the real estate investment trust’s stock after selling 1,586,678 shares during the quarter. Healthcare Trust Of America makes up 2.2% of Cbre Clarion Securities LLC’s investment portfolio, making the stock its 19th largest position. Cbre Clarion Securities LLC’s holdings in Healthcare Trust Of America were worth $167,204,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new position in Healthcare Trust Of America during the first quarter valued at $100,000. Legacy Advisors LLC purchased a new position in Healthcare Trust Of America during the second quarter valued at $108,000. Zions Bancorporation purchased a new position in Healthcare Trust Of America during the first quarter valued at $116,000. McKinley Carter Wealth Services Inc. purchased a new position in Healthcare Trust Of America during the first quarter valued at $120,000. Finally, Northwest Wealth Management LLC purchased a new position in Healthcare Trust Of America during the second quarter valued at $155,000.

In other Healthcare Trust Of America news, CFO Robert A. Milligan purchased 3,800 shares of the firm’s stock in a transaction dated Friday, June 8th. The shares were purchased at an average cost of $25.35 per share, with a total value of $96,330.00. Following the completion of the purchase, the chief financial officer now owns 141,564 shares in the company, valued at approximately $3,588,647.40. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.90% of the company’s stock.

HTA has been the topic of several recent analyst reports. Raymond James downgraded shares of Healthcare Trust Of America from an “outperform” rating to a “market perform” rating in a report on Monday, May 21st. ValuEngine downgraded shares of Healthcare Trust Of America from a “sell” rating to a “strong sell” rating in a report on Monday, June 11th. Zacks Investment Research raised shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Thursday, June 28th. Jefferies Financial Group reissued a “buy” rating and issued a $34.00 price target on shares of Healthcare Trust Of America in a research note on Monday, August 13th. Finally, Morgan Stanley downgraded shares of Healthcare Trust Of America from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $27.00 to $26.00 in a research note on Thursday, August 16th. Ten analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.83.

NYSE:HTA opened at $28.67 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $5.94 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 4.35 and a beta of 0.26. Healthcare Trust Of America Inc has a twelve month low of $24.06 and a twelve month high of $31.87.

Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings results on Thursday, August 2nd. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). The business had revenue of $173.33 million during the quarter, compared to analysts’ expectations of $176.30 million. Healthcare Trust Of America had a return on equity of 2.46% and a net margin of 11.65%. The business’s quarterly revenue was up 23.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 earnings per share. research analysts anticipate that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd will be paid a $0.31 dividend. This is an increase from Healthcare Trust Of America’s previous quarterly dividend of $0.31. This represents a $1.24 annualized dividend and a dividend yield of 4.33%. The ex-dividend date is Monday, October 1st. Healthcare Trust Of America’s dividend payout ratio (DPR) is currently 74.85%.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.2 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. 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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