Fox Run Management L.L.C. Takes Position in Healthcare Trust of America, Inc. (NYSE:HTA)

Fox Run Management L.L.C. bought a new stake in shares of Healthcare Trust of America, Inc. (NYSE:HTA) during the second quarter, Holdings Channel reports. The fund bought 31,400 shares of the real estate investment trust’s stock, valued at approximately $977,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. FMR LLC boosted its position in Healthcare Trust of America by 73.6% in the fourth quarter. FMR LLC now owns 1,664,009 shares of the real estate investment trust’s stock valued at $48,439,000 after buying an additional 705,700 shares in the last quarter. Norges Bank purchased a new stake in shares of Healthcare Trust of America during the fourth quarter valued at about $37,856,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Healthcare Trust of America by 6.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,523 shares of the real estate investment trust’s stock valued at $268,000 after buying an additional 485 shares during the last quarter. Macquarie Group Ltd. raised its stake in shares of Healthcare Trust of America by 3.3% in the fourth quarter. Macquarie Group Ltd. now owns 62,495 shares of the real estate investment trust’s stock valued at $1,819,000 after buying an additional 2,025 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Healthcare Trust of America by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,780,861 shares of the real estate investment trust’s stock valued at $51,839,000 after buying an additional 22,775 shares during the last quarter. 89.53% of the stock is currently owned by institutional investors.

Healthcare Trust of America, Inc. (NYSE:HTA) traded down 0.86% during mid-day trading on Monday, hitting $29.88. The company had a trading volume of 469,460 shares. Healthcare Trust of America, Inc. has a 52 week low of $26.34 and a 52 week high of $34.64. The firm’s 50 day moving average is $31.54 and its 200 day moving average is $30.70. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 87.88 and a beta of 0.32.

Healthcare Trust of America (NYSE:HTA) last posted its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.41. The business had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $122.79 million. Healthcare Trust of America had a return on equity of 2.63% and a net margin of 10.38%. The business’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the firm earned $0.40 earnings per share. On average, equities research analysts predict that Healthcare Trust of America, Inc. will post $0.30 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 11th. Shareholders of record on Wednesday, July 5th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, June 30th. This represents a $1.20 dividend on an annualized basis and a yield of 3.98%. Healthcare Trust of America’s dividend payout ratio is presently 363.64%.

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Several analysts have issued reports on HTA shares. Jefferies Group LLC upgraded Healthcare Trust of America to a “buy” rating and set a $36.00 target price on the stock in a research note on Monday, June 5th. Mitsubishi UFJ Financial Group restated a “buy” rating on shares of Healthcare Trust of America in a research note on Wednesday, May 3rd. Mitsubishi UFJ Financial Group Inc restated a “buy” rating on shares of Healthcare Trust of America in a research note on Thursday, May 4th. Mizuho reiterated a “buy” rating on shares of Healthcare Trust of America in a research note on Tuesday, June 27th. Finally, BidaskClub lowered Healthcare Trust of America from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company. Healthcare Trust of America presently has a consensus rating of “Buy” and an average target price of $34.63.

In other Healthcare Trust of America news, Director Warren D. Fix purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, May 3rd. The shares were acquired at an average cost of $29.64 per share, with a total value of $88,920.00. Following the completion of the acquisition, the director now directly owns 56,425 shares in the company, valued at $1,672,437. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Scott D. Peters sold 55,240 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The shares were sold at an average price of $32.06, for a total value of $1,770,994.40. Following the sale, the chief executive officer now directly owns 405,092 shares in the company, valued at $12,987,249.52. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

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.

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)

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