Healthcare Trust of America I (NYSE:HTA).
Raymond James & Associates reports that it bought 462,887 shares in quarter ending 09/30/2017 increasing its stake in Healthcare Trust of America I (HTA) by 167.3%. Its investment was worth $22,039,000 an increase of 156.0% according to the filing.
The following firms have recently changed their position in HTA. Dimensional Fund Advisors Lp bolstered its holdings by buying 130,461 shares an increase of 5.7%. Dimensional Fund Advisors Lp now holds 2,433,022 shares valued at $72,504,000. The value of the position overall is up by 1.2%. As of the end of the quarter First Mercantile Trust CO had sold 137 shares trimming its position 3.2%. The value of the company’s investment in Healthcare Trust of America I decreased from $132,000 to $122,000 decreasing 7.6% since the last quarter.
As of quarter end Baird Financial Group, Inc. had disposed of a total of 12,838 shares trimming its holdings by 4.3%. The value of the investment in Healthcare Trust of America I went from $9,217,000 to $8,447,000 a change of 8.4% quarter to quarter.
October 29 investment analysts at Mitsubishi UFJ Financial Group reiterated a “Overweight” rating on the stock. Equity analyst Stifel Nicolaus raised the price target of the stock on October 25 changing the forecast from $34.00 to $35.00 with a “Hold” recommendation.
Equity analyst SunTrust Banks released research on HTA and giving a rating of “Buy” and establishing a price target of $36.00. On October 11 analysts at FBR & Co updated its forecast on HTA stating a rating of “Hold” and setting a price target of $32.00.
October 4 investment analysts at Mizuho made no change to the company rating of “Buy” targeting a price of $36.00. On October 3 Jefferies Group LLC held the stock rating at “Buy” projecting a price of $34.00.
The company is so far trading down by 0.91% since yesterday’s close of 30.65. The P/E ratio is 126.73 and market capitalization is 6.22B. As of the latest earnings report the EPS was $0.24 with 200.69M shares outstanding.
Investors are feeling more bullish on shares of the company recently at least if you consider the downtick in short interest. The stock recorded a fall in short interest of -11.15% between October 13, 2017 and October 31, 2017. Short interest decreased from 9,709,230 to 8,627,032 over that timeframe. Days to cover increased from 6.0 to 9.0 and the percentage of shorted shares was 0.04% on October 31.