Barclays PLC Acquires 25,826 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

Barclays PLC boosted its position in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 159.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,054 shares of the real estate investment trust's stock after purchasing an additional 25,826 shares during the period. Barclays PLC owned about 0.15% of Community Healthcare Trust worth $762,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CHCT. Daiwa Securities Group Inc. lifted its position in shares of Community Healthcare Trust by 11.2% during the 3rd quarter. Daiwa Securities Group Inc. now owns 8,323 shares of the real estate investment trust's stock valued at $151,000 after buying an additional 840 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Community Healthcare Trust by 6.8% during the third quarter. SG Americas Securities LLC now owns 9,770 shares of the real estate investment trust's stock valued at $177,000 after purchasing an additional 618 shares in the last quarter. Woodmont Investment Counsel LLC purchased a new position in Community Healthcare Trust during the third quarter valued at approximately $182,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Community Healthcare Trust in the second quarter worth approximately $243,000. Finally, American Century Companies Inc. increased its stake in shares of Community Healthcare Trust by 5.5% in the second quarter. American Century Companies Inc. now owns 10,625 shares of the real estate investment trust's stock worth $249,000 after purchasing an additional 552 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors.

Community Healthcare Trust Stock Up 1.6 %

NYSE CHCT traded up $0.31 on Thursday, reaching $19.70. The company had a trading volume of 140,249 shares, compared to its average volume of 192,285. The firm's 50 day moving average price is $18.70 and its 200 day moving average price is $19.28. Community Healthcare Trust Incorporated has a 12 month low of $15.06 and a 12 month high of $28.10. The stock has a market capitalization of $556.19 million, a PE ratio of -218.83, a price-to-earnings-growth ratio of 1.27 and a beta of 0.68.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last issued its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.39). Community Healthcare Trust had a negative return on equity of 0.09% and a negative net margin of 0.39%. The firm had revenue of $29.64 million during the quarter, compared to the consensus estimate of $29.06 million. During the same period last year, the firm posted $0.63 earnings per share. On average, research analysts expect that Community Healthcare Trust Incorporated will post 1.84 EPS for the current year.

Community Healthcare Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a dividend of $0.465 per share. This represents a $1.86 annualized dividend and a dividend yield of 9.44%. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.42. The ex-dividend date was Friday, November 8th. Community Healthcare Trust's dividend payout ratio is -2,066.67%.

Analyst Upgrades and Downgrades

CHCT has been the topic of a number of analyst reports. Piper Sandler lifted their target price on shares of Community Healthcare Trust from $18.00 to $19.00 and gave the company a "neutral" rating in a research note on Thursday, October 31st. 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 research note on Wednesday, December 18th. Finally, StockNews.com downgraded Community Healthcare Trust from a "hold" rating to a "sell" rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Community Healthcare Trust presently has a consensus rating of "Hold" and an average 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.