ExodusPoint Capital Management LP Sells 114,912 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

ExodusPoint Capital Management LP lowered its stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 90.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,806 shares of the real estate investment trust's stock after selling 114,912 shares during the period. ExodusPoint Capital Management LP's holdings in Community Healthcare Trust were worth $246,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CHCT. The Manufacturers Life Insurance Company raised its stake in shares of Community Healthcare Trust by 5.9% in the third quarter. The Manufacturers Life Insurance Company now owns 18,623 shares of the real estate investment trust's stock valued at $338,000 after acquiring an additional 1,041 shares during the period. BNP Paribas Financial Markets raised its position in Community Healthcare Trust by 257.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 24,226 shares of the real estate investment trust's stock worth $440,000 after purchasing an additional 17,455 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Community Healthcare Trust by 39.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,665 shares of the real estate investment trust's stock worth $811,000 after purchasing an additional 12,681 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Community Healthcare Trust during the third quarter valued at approximately $229,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of 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 buying an additional 1,082 shares during the last quarter. 87.84% of the stock is owned by institutional investors.

Community Healthcare Trust Price Performance

Shares of CHCT stock traded up $0.16 during mid-day trading on Friday, hitting $15.95. The stock had a trading volume of 178,103 shares, compared to its average volume of 295,769. The firm has a market capitalization of $452.09 million, a P/E ratio of -69.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. Community Healthcare Trust Incorporated has a 12-month low of $14.76 and a 12-month high of $27.62. The firm's 50-day moving average is $17.91 and its two-hundred day moving average is $18.37.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last issued its earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $29.30 million for the quarter, compared to analysts' expectations of $29.85 million. Analysts expect that Community Healthcare Trust Incorporated will post 1.85 EPS for the current year.

Community Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a dividend of $0.4675 per share. This represents a $1.87 annualized dividend and a yield of 11.72%. This is a positive change from Community Healthcare Trust's previous quarterly dividend of $0.47. The ex-dividend date was Monday, February 24th. Community Healthcare Trust's dividend payout ratio (DPR) is presently -813.04%.

Wall Street Analysts Forecast Growth

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

About Community Healthcare Trust

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.