Charles Schwab Investment Management Inc. Grows Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

Charles Schwab Investment Management Inc. grew its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 58.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 360,532 shares of the real estate investment trust's stock after buying an additional 133,482 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.28% of Community Healthcare Trust worth $6,926,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Daiwa Securities Group Inc. increased its stake in Community Healthcare Trust by 11.2% during the third quarter. Daiwa Securities Group Inc. now owns 8,323 shares of the real estate investment trust's stock worth $151,000 after acquiring an additional 840 shares during the last quarter. SG Americas Securities LLC lifted its position in Community Healthcare Trust by 10.5% in the fourth quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust's stock worth $207,000 after buying an additional 1,021 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in 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 buying an additional 1,041 shares during the period. Public Employees Retirement System of Ohio increased its position in Community Healthcare Trust by 3.1% during 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 acquiring an additional 1,082 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of 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 acquiring an additional 1,125 shares during the period. Institutional investors own 87.84% of the company's stock.

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Community Healthcare Trust Stock Down 1.0 %

CHCT stock traded down $0.17 during trading on Thursday, hitting $18.05. The company had a trading volume of 131,839 shares, compared to its average volume of 228,963. Community Healthcare Trust Incorporated has a 52-week low of $15.06 and a 52-week high of $27.62. The company has a 50 day simple moving average of $19.16 and a 200-day simple moving average of $18.45. The firm has a market capitalization of $511.41 million, a P/E ratio of -78.46, a PEG ratio of 1.28 and a beta of 0.75.

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

Community Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were paid a dividend of $0.4675 per share. This represents a $1.87 annualized dividend and a yield of 10.36%. 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. Community Healthcare Trust's payout ratio is -813.04%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. StockNews.com upgraded shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a report on Saturday, February 8th. Truist Financial boosted their target price on Community Healthcare Trust from $22.00 to $23.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, Community Healthcare Trust currently has an average rating of "Hold" and a consensus target price of $21.25.

Community Healthcare Trust 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.