Public Employees Retirement System of Ohio Lowers Position in Healthcare Trust Of America Inc (NYSE:HTA)

Public Employees Retirement System of Ohio lessened its stake in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,552 shares of the real estate investment trust’s stock after selling 3,027 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Healthcare Trust Of America were worth $1,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HTA. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Healthcare Trust Of America by 79.1% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 1,060 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 468 shares during the last quarter. ERTS Wealth Advisors LLC purchased a new stake in shares of Healthcare Trust Of America during the 4th quarter valued at about $30,000. Capital Investment Advisory Services LLC purchased a new stake in shares of Healthcare Trust Of America during the 4th quarter valued at about $67,000. PNC Financial Services Group Inc. boosted its holdings in shares of Healthcare Trust Of America by 26.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,646 shares of the real estate investment trust’s stock valued at $93,000 after acquiring an additional 772 shares during the last quarter. Finally, Ffcm LLC boosted its holdings in shares of Healthcare Trust Of America by 141.0% during the 4th quarter. Ffcm LLC now owns 4,056 shares of the real estate investment trust’s stock valued at $103,000 after acquiring an additional 2,373 shares during the last quarter. 92.80% of the stock is currently owned by hedge funds and other institutional investors.

HTA has been the topic of a number of recent analyst reports. SunTrust Banks dropped their price target on shares of Healthcare Trust Of America to $30.00 and set a “buy” rating on the stock in a report on Wednesday, April 10th. They noted that the move was a valuation call. Jefferies Financial Group raised shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and raised their price objective for the stock from $30.00 to $33.00 in a report on Friday, March 29th. TheStreet downgraded shares of Healthcare Trust Of America from a “b” rating to a “c+” rating in a report on Monday, January 14th. BMO Capital Markets reissued a “hold” rating and issued a $28.00 price objective on shares of Healthcare Trust Of America in a report on Thursday, February 14th. Finally, Morgan Stanley set a $29.00 price objective on shares of Healthcare Trust Of America and gave the stock a “hold” rating in a report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $29.86.

Shares of HTA traded down $0.29 on Wednesday, reaching $27.49. The company’s stock had a trading volume of 5,151 shares, compared to its average volume of 1,308,367. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.76. The company has a market cap of $5.70 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 5.23 and a beta of 0.51. Healthcare Trust Of America Inc has a 12-month low of $24.06 and a 12-month high of $29.22.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Wednesday, April 3rd were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date of this dividend was Tuesday, April 2nd. Healthcare Trust Of America’s payout ratio is 76.54%.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by XNewsPress and is the sole property of of XNewsPress. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of international copyright laws. The legal version of this piece of content can be accessed at https://xnewspress.com/news/2019/04/17/healthcare-trust-of-america-inc-hta-holdings-lowered-by-public-employees-retirement-system-of-ohio.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.

See Also: What is the price-to-earnings growth (PEG) ratio?

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.