GSA Capital Partners LLP Invests $1.47 Million in Healthcare Trust Of America Inc (HTA) Stock

GSA Capital Partners LLP purchased a new position in Healthcare Trust Of America Inc (NYSE:HTA) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 54,913 shares of the real estate investment trust’s stock, valued at approximately $1,465,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JNBA Financial Advisors acquired a new stake in Healthcare Trust Of America in the 3rd quarter worth $143,000. First Hawaiian Bank acquired a new stake in Healthcare Trust Of America in the 3rd quarter worth $190,000. Qube Research & Technologies Ltd acquired a new stake in Healthcare Trust Of America in the 2nd quarter worth $191,000. Engineers Gate Manager LP acquired a new stake in Healthcare Trust Of America in the 3rd quarter worth $203,000. Finally, CIBC Asset Management Inc acquired a new stake in Healthcare Trust Of America in the 2nd quarter worth $210,000. Institutional investors own 95.39% of the company’s stock.

NYSE:HTA opened at $28.65 on Friday. The stock has a market cap of $6.03 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 4.46 and a beta of 0.22. Healthcare Trust Of America Inc has a 52 week low of $24.06 and a 52 week high of $31.69. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.76.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings data on Thursday, October 25th. The real estate investment trust reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. Healthcare Trust Of America had a net margin of 34.48% and a return on equity of 7.31%. The company had revenue of $175.14 million during the quarter, compared to the consensus estimate of $174.85 million. On average, equities research analysts expect that Healthcare Trust Of America Inc will post 1.63 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 9th. Shareholders of record on Wednesday, January 2nd will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.33%. The ex-dividend date of this dividend is Monday, December 31st. Healthcare Trust Of America’s dividend payout ratio (DPR) is presently 76.07%.

Several analysts have issued reports on HTA shares. Zacks Investment Research lowered shares of Healthcare Trust Of America from a “hold” rating to a “sell” rating in a research report on Tuesday, October 16th. SunTrust Banks reduced their price objective on shares of Healthcare Trust Of America from $32.00 to $30.00 and set a “buy” rating for the company in a report on Monday, October 29th. Mizuho raised shares of Healthcare Trust Of America from a “neutral” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Tuesday, November 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $34.00 price objective on shares of Healthcare Trust Of America in a report on Monday, August 13th. Finally, ValuEngine raised shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Monday, October 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. Healthcare Trust Of America has a consensus rating of “Hold” and a consensus target price of $30.40.

ILLEGAL ACTIVITY NOTICE: “GSA Capital Partners LLP Invests $1.47 Million in Healthcare Trust Of America Inc (HTA) Stock” was published by American Banking News and is owned by of American Banking News. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.americanbankingnews.com/2018/12/08/gsa-capital-partners-llp-invests-1-47-million-in-healthcare-trust-of-america-inc-hta-stock.html.

Healthcare Trust Of America Company 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.

Recommended Story: Terms to Better Understand Call Options

Want to see what other hedge funds are holding HTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Trust Of America Inc (NYSE:HTA).

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

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

Leave a Reply