Today The Healthcare Trust of America, Inc. (HTA) Position Cut by Bridgewater Wealth & Financial Management LLC

Today The Healthcare Trust of America, Inc. (HTA) Position Cut by Bridgewater Wealth & Financial Management LLC

Bridgewater Wealth & Financial Management LLC decreased its stake in Healthcare Trust of America, Inc. (NYSE:HTA) by 0.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,958 shares of the real estate investment trust’s stock after selling 125 shares during the period. Bridgewater Wealth & Financial Management LLC’s holdings in Healthcare Trust of America were worth $1,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pacad Investment Ltd. bought a new stake in Healthcare Trust of America during the second quarter worth $123,000. Muzinich & Co. Inc. increased its stake in Healthcare Trust of America by 8.5% in the third quarter. Muzinich & Co. Inc. now owns 3,812 shares of the real estate investment trust’s stock worth $124,000 after buying an additional 300 shares during the last quarter. Panagora Asset Management Inc. bought a new stake in Healthcare Trust of America during the second quarter worth $138,000. Public Employees Retirement Association of Colorado increased its stake in Healthcare Trust of America by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 4,358 shares of the real estate investment trust’s stock worth $142,000 after buying an additional 18 shares during the last quarter. Finally, Advisory Services Network LLC increased its stake in Healthcare Trust of America by 340.9% in the third quarter. Advisory Services Network LLC now owns 6,627 shares of the real estate investment trust’s stock worth $216,000 after buying an additional 5,124 shares during the last quarter. Institutional investors own 86.67% of the company’s stock.

Healthcare Trust of America, Inc. (NYSE:HTA) traded down 0.44% during trading on Wednesday, hitting $29.73. 55,379 shares of the stock were exchanged. The stock has a 50 day moving average of $29.08 and a 200-day moving average of $31.04. Healthcare Trust of America, Inc. has a 52 week low of $25.90 and a 52 week high of $34.64. The stock has a market cap of $4.21 billion, a P/E ratio of 102.87 and a beta of 0.27.

A number of analysts have commented on HTA shares. Raymond James Financial, Inc. raised shares of Healthcare Trust of America from a “market perform” rating to an “outperform” rating and set a $33.00 price target on the stock in a research report on Monday, November 7th. They noted that the move was a valuation call. Jefferies Group LLC started coverage on shares of Healthcare Trust of America in a research report on Friday, December 16th. They set a “buy” rating and a $33.00 price target on the stock. Zacks Investment Research cut shares of Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Tuesday, December 27th. Finally, Mizuho raised shares of Healthcare Trust of America from a “neutral” rating to a “buy” rating and upped their price target for the company from $29.00 to $32.00 in a research report on Wednesday, January 4th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Healthcare Trust of America currently has an average rating of “Buy” and an average target price of $32.89.

In other Healthcare Trust of America news, Director Warren D. Fix bought 3,725 shares of the firm’s stock in a transaction that occurred on Thursday, November 10th. The shares were bought at an average price of $26.73 per share, for a total transaction of $99,569.25. Following the transaction, the director now directly owns 53,425 shares in the company, valued at $1,428,050.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark David Engstrom sold 17,500 shares of Healthcare Trust of America stock in a transaction on Friday, December 30th. The stock was sold at an average price of $28.96, for a total transaction of $506,800.00. Following the completion of the transaction, the executive vice president now owns 112,162 shares in the company, valued at approximately $3,248,211.52. 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 (HTA) operates as a real estate investment trust (REIT). The Company operates through investing in healthcare real estate assets segment. The primary objective is to generate stockholder value through consistent and growing dividends and appreciation of real estate value.

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