Crestline Management LP Buys 45,221 Shares of Healthcare Trust Of America Inc (HTA)

Crestline Management LP lifted its stake in Healthcare Trust Of America Inc (NYSE:HTA) by 43.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,158 shares of the real estate investment trust’s stock after buying an additional 45,221 shares during the period. Healthcare Trust Of America comprises approximately 0.6% of Crestline Management LP’s holdings, making the stock its 19th largest holding. Crestline Management LP owned approximately 0.07% of Healthcare Trust Of America worth $3,775,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Dean Investment Associates LLC raised its holdings in shares of Healthcare Trust Of America by 1.0% in the 4th quarter. Dean Investment Associates LLC now owns 34,935 shares of the real estate investment trust’s stock worth $884,000 after buying an additional 354 shares in the last quarter. Utah Retirement Systems raised its holdings in shares of Healthcare Trust Of America by 0.9% in the 4th quarter. Utah Retirement Systems now owns 46,927 shares of the real estate investment trust’s stock worth $1,188,000 after buying an additional 400 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Healthcare Trust Of America by 79.1% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 1,060 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 468 shares in the last quarter. Kovack Advisors Inc. raised its holdings in shares of Healthcare Trust Of America by 3.4% in the 4th quarter. Kovack Advisors Inc. now owns 15,412 shares of the real estate investment trust’s stock worth $390,000 after buying an additional 500 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Healthcare Trust Of America by 26.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,646 shares of the real estate investment trust’s stock worth $93,000 after buying an additional 772 shares in the last quarter. 90.89% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on HTA. Zacks Investment Research cut Healthcare Trust Of America from a “hold” rating to a “sell” rating in a report on Wednesday, November 21st. ValuEngine raised Healthcare Trust Of America from a “hold” rating to a “buy” rating in a report on Thursday, December 6th. TheStreet raised Healthcare Trust Of America from a “c+” rating to a “b” rating in a report on Thursday, December 6th. Capital One Financial raised Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a report on Friday, February 15th. Finally, BMO Capital Markets cut Healthcare Trust Of America from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $30.00 to $28.00 in a report on Wednesday, January 9th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $29.57.

HTA stock opened at $28.79 on Friday. Healthcare Trust Of America Inc has a fifty-two week low of $24.06 and a fifty-two week high of $29.22. The firm has a market cap of $5.90 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 4.32 and a beta of 0.51. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.76.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings results on Thursday, February 14th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a net margin of 30.65% and a return on equity of 6.51%. The business had revenue of $172.30 million for the quarter, compared to analyst estimates of $172.80 million. During the same period in the prior year, the business earned $0.41 earnings per share. The company’s revenue for the quarter was down .8% on a year-over-year basis. As a group, equities research analysts expect that Healthcare Trust Of America Inc will post 1.64 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Wednesday, April 3rd will be issued a dividend of $0.31 per share. The ex-dividend date is Tuesday, April 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 4.31%. Healthcare Trust Of America’s dividend payout ratio is 76.54%.

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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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