20,000 Shares in Healthcare Trust Of America Inc (NYSE:HTA) Acquired by Orinda Asset Management LLC

Orinda Asset Management LLC bought a new position in shares of Healthcare Trust Of America Inc (NYSE:HTA) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 20,000 shares of the real estate investment trust’s stock, valued at approximately $549,000. Healthcare Trust Of America comprises about 0.7% of Orinda Asset Management LLC’s portfolio, making the stock its 27th biggest holding.

Several other hedge funds have also bought and sold shares of HTA. FMR LLC increased its holdings in shares of Healthcare Trust Of America by 20.9% during the 1st quarter. FMR LLC now owns 9,802,745 shares of the real estate investment trust’s stock worth $280,261,000 after acquiring an additional 1,695,714 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Healthcare Trust Of America by 11.0% during the 1st quarter. Principal Financial Group Inc. now owns 11,809,463 shares of the real estate investment trust’s stock worth $337,633,000 after acquiring an additional 1,174,744 shares during the last quarter. Timbercreek Investment Management Inc. increased its holdings in shares of Healthcare Trust Of America by 40.1% during the 2nd quarter. Timbercreek Investment Management Inc. now owns 831,900 shares of the real estate investment trust’s stock worth $22,686,000 after acquiring an additional 237,900 shares during the last quarter. Hill Winds Capital LP acquired a new position in shares of Healthcare Trust Of America during the 1st quarter worth approximately $6,147,000. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of Healthcare Trust Of America by 3,131.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 201,262 shares of the real estate investment trust’s stock worth $5,754,000 after acquiring an additional 195,033 shares during the last quarter. 90.65% of the stock is currently owned by institutional investors and hedge funds.

NYSE HTA traded up $0.23 on Friday, reaching $28.32. The stock had a trading volume of 33,054 shares, compared to its average volume of 1,169,748. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a fifty day moving average of $27.42 and a two-hundred day moving average of $28.08. Healthcare Trust Of America Inc has a 1-year low of $24.21 and a 1-year high of $29.39. The company has a market cap of $5.78 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 5.12 and a beta of 0.33.

Healthcare Trust Of America (NYSE:HTA) last issued its quarterly earnings data on Tuesday, July 23rd. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.33). Healthcare Trust Of America had a net margin of 31.68% and a return on equity of 6.73%. The firm had revenue of $171.80 million during the quarter, compared to analyst estimates of $171.38 million. During the same period in the prior year, the company earned $0.41 earnings per share. The business’s quarterly revenue was down .9% compared to the same quarter last year. Research analysts predict that Healthcare Trust Of America Inc will post 1.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 3rd will be issued a $0.315 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 4.45%. This is a positive change from Healthcare Trust Of America’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, October 2nd. Healthcare Trust Of America’s dividend payout ratio is currently 76.54%.

A number of research firms recently weighed in on HTA. Zacks Investment Research lowered Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Citigroup initiated coverage on Healthcare Trust Of America in a report on Thursday, June 20th. They set a “neutral” rating and a $29.00 target price on the stock. Finally, Raymond James raised Healthcare Trust Of America from a “market perform” rating to an “outperform” rating in a report on Monday, May 13th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $30.25.

About Healthcare Trust Of America

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: How to calculate the intrinsic value of a stock

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.