Sei Investments Co. grew its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 6.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 232,819 shares of the real estate investment trust's stock after buying an additional 14,972 shares during the quarter. Sei Investments Co. owned approximately 0.82% of Community Healthcare Trust worth $4,472,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in CHCT. Systematic Financial Management LP lifted its position in Community Healthcare Trust by 25.0% during the 3rd quarter. Systematic Financial Management LP now owns 936,753 shares of the real estate investment trust's stock worth $17,002,000 after buying an additional 187,510 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Community Healthcare Trust by 1.4% in the third quarter. Geode Capital Management LLC now owns 674,517 shares of the real estate investment trust's stock worth $12,245,000 after acquiring an additional 9,256 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Community Healthcare Trust by 1,395.6% during the third quarter. Jane Street Group LLC now owns 492,063 shares of the real estate investment trust's stock worth $8,931,000 after purchasing an additional 459,163 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Community Healthcare Trust by 58.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 360,532 shares of the real estate investment trust's stock valued at $6,926,000 after purchasing an additional 133,482 shares during the last quarter. Finally, New York State Common Retirement Fund grew its stake in shares of Community Healthcare Trust by 17.3% during the fourth quarter. New York State Common Retirement Fund now owns 220,024 shares of the real estate investment trust's stock valued at $4,227,000 after purchasing an additional 32,469 shares during the last quarter. 87.84% of the stock is owned by institutional investors.
Community Healthcare Trust Stock Down 3.7 %
NYSE CHCT traded down $0.65 during trading hours on Friday, hitting $17.15. The company's stock had a trading volume of 265,748 shares, compared to its average volume of 286,948. Community Healthcare Trust Incorporated has a twelve month low of $15.06 and a twelve month high of $27.62. The firm has a market capitalization of $486.01 million, a P/E ratio of -74.57, a PEG ratio of 1.28 and a beta of 0.75. The stock has a fifty day moving average of $18.91 and a 200 day moving average of $18.50.
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 for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. The company had revenue of $29.30 million for the quarter, compared to the consensus estimate of $29.85 million. On average, analysts predict that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current year.
Community Healthcare Trust Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were issued a dividend of $0.4675 per share. The ex-dividend date was Monday, February 24th. This represents a $1.87 dividend on an annualized basis and a yield of 10.90%. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. Community Healthcare Trust's dividend payout ratio (DPR) is -813.04%.
Wall Street Analyst Weigh In
CHCT has been the topic of several research reports. Truist Financial upped their price objective on Community Healthcare Trust from $22.00 to $23.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. StockNews.com raised Community Healthcare Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 8th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $21.25.
Check Out Our Latest Analysis on Community Healthcare Trust
About Community Healthcare Trust
(
Free Report)
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.
Further Reading
Before you consider Community Healthcare Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Community Healthcare Trust wasn't on the list.
While Community Healthcare Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
