Csenge Advisory Group Invests $397,000 in Healthcare Trust of America, Inc. (NYSE:HTA)

Csenge Advisory Group acquired a new position in Healthcare Trust of America, Inc. (NYSE:HTA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,318 shares of the real estate investment trust’s stock, valued at approximately $397,000.

A number of other hedge funds also recently made changes to their positions in the stock. V Wealth Management LLC acquired a new stake in shares of Healthcare Trust of America in the second quarter worth approximately $101,000. First Mercantile Trust Co. acquired a new position in Healthcare Trust of America during the second quarter worth $132,000. US Bancorp DE boosted its stake in Healthcare Trust of America by 1,142.9% during the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 4,000 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in Healthcare Trust of America by 44.0% during the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock worth $192,000 after buying an additional 1,888 shares during the last quarter. Finally, Stephens Inc. AR acquired a new position in Healthcare Trust of America during the second quarter worth $207,000. Institutional investors own 97.88% of the company’s stock.

Shares of Healthcare Trust of America, Inc. (NYSE:HTA) traded up $0.08 during mid-day trading on Monday, hitting $30.58. The stock had a trading volume of 799,100 shares, compared to its average volume of 1,546,429. The stock has a market cap of $6,265.41, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 4.65 and a beta of 0.31. Healthcare Trust of America, Inc. has a fifty-two week low of $27.18 and a fifty-two week high of $33.00. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.88.

Healthcare Trust of America (NYSE:HTA) last issued its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.34). Healthcare Trust of America had a return on equity of 1.50% and a net margin of 6.75%. The business had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $163.62 million. During the same period last year, the company posted $0.40 earnings per share. The business’s quarterly revenue was up 48.8% on a year-over-year basis. analysts expect that Healthcare Trust of America, Inc. will post 1.64 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 9th. Investors of record on Tuesday, January 2nd will be paid a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Friday, December 29th. Healthcare Trust of America’s payout ratio is currently 508.35%.

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HTA has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. BidaskClub upgraded Healthcare Trust of America from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. TheStreet downgraded Healthcare Trust of America from a “b-” rating to a “c” rating in a report on Monday, July 31st. Raymond James Financial, Inc. upgraded Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a report on Monday, July 17th. Finally, UBS AG upgraded Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating in a report on Monday, July 17th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. Healthcare Trust of America currently has an average rating of “Buy” and a consensus target price of $34.20.

Healthcare Trust of America Profile

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.

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

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