AGP Franklin LLC Invests $452,000 in Community Healthcare Trust Incorporated (NYSE:CHCT)

AGP Franklin LLC acquired a new stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,529 shares of the real estate investment trust's stock, valued at approximately $452,000. AGP Franklin LLC owned approximately 0.08% of Community Healthcare Trust as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CHCT. Signaturefd LLC boosted its stake in shares of Community Healthcare Trust by 136.1% during the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 905 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Community Healthcare Trust by 10.5% during the 4th quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust's stock worth $207,000 after purchasing an additional 1,021 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Community Healthcare Trust by 5.9% during the third quarter. The Manufacturers Life Insurance Company now owns 18,623 shares of the real estate investment trust's stock worth $338,000 after purchasing an additional 1,041 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in shares of Community Healthcare Trust by 3.1% in the third quarter. Public Employees Retirement System of Ohio now owns 35,739 shares of the real estate investment trust's stock valued at $649,000 after purchasing an additional 1,082 shares during the period. Finally, Rhumbline Advisers increased its stake in Community Healthcare Trust by 2.4% in the fourth quarter. Rhumbline Advisers now owns 47,909 shares of the real estate investment trust's stock valued at $920,000 after purchasing an additional 1,125 shares during the last quarter. Institutional investors and hedge funds own 87.84% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a report on Saturday, February 8th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $21.25.

Community Healthcare Trust Trading Up 1.0 %

Shares of Community Healthcare Trust stock traded up $0.16 during trading hours on Friday, reaching $15.95. The stock had a trading volume of 178,103 shares, compared to its average volume of 295,106. Community Healthcare Trust Incorporated has a 1 year low of $14.76 and a 1 year high of $27.62. The firm has a market capitalization of $452.09 million, a price-to-earnings ratio of -69.36, a P/E/G ratio of 1.28 and a beta of 0.65. The firm has a 50 day simple moving average of $18.00 and a two-hundred day simple moving average of $18.39.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. The firm had revenue of $29.30 million for the quarter, compared to analysts' expectations of $29.85 million. Sell-side analysts forecast that Community Healthcare Trust Incorporated will post 1.85 EPS for the current year.

Community Healthcare Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were given a $0.4675 dividend. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.87 annualized dividend and a dividend yield of 11.72%. Community Healthcare Trust's dividend payout ratio is presently -813.04%.

Community Healthcare Trust Company Profile

Community Healthcare Trust Incorporated (the Company'', we'', our'') was organized in the State of Maryland on March 28, 2014. The Company is a fully-integrated healthcare real estate company that owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers.