Graham Capital Wealth Management LLC Increases Stake in Community Healthcare Trust Incorporated (NYSE:CHCT)

Graham Capital Wealth Management LLC grew its position in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 31.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,233 shares of the real estate investment trust's stock after acquiring an additional 46,217 shares during the period. Community Healthcare Trust accounts for 3.4% of Graham Capital Wealth Management LLC's portfolio, making the stock its 6th largest holding. Graham Capital Wealth Management LLC owned about 0.68% of Community Healthcare Trust worth $3,693,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CHCT. Dimensional Fund Advisors LP lifted its position in Community Healthcare Trust by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 372,488 shares of the real estate investment trust's stock worth $8,712,000 after buying an additional 6,836 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of Community Healthcare Trust during the second quarter worth approximately $418,000. The Manufacturers Life Insurance Company grew its stake in shares of Community Healthcare Trust by 65.5% during the second quarter. The Manufacturers Life Insurance Company now owns 17,582 shares of the real estate investment trust's stock valued at $411,000 after purchasing an additional 6,957 shares during the last quarter. Algert Global LLC increased its holdings in shares of Community Healthcare Trust by 131.6% in the second quarter. Algert Global LLC now owns 17,883 shares of the real estate investment trust's stock valued at $418,000 after purchasing an additional 10,160 shares in the last quarter. Finally, Creative Planning bought a new position in Community Healthcare Trust in the 2nd quarter worth approximately $306,000. 87.84% of the stock is owned by institutional investors and hedge funds.

Community Healthcare Trust Price Performance

Shares of Community Healthcare Trust stock traded down $0.07 on Thursday, hitting $20.00. 108,803 shares of the company's stock traded hands, compared to its average volume of 181,696. Community Healthcare Trust Incorporated has a one year low of $15.06 and a one year high of $28.10. The stock has a market capitalization of $564.80 million, a PE ratio of -222.22, a price-to-earnings-growth ratio of 1.34 and a beta of 0.69. The firm's 50-day moving average price is $19.07 and its two-hundred day moving average price is $18.82.

Analysts Set New Price Targets

A number of research analysts have commented on the company. StockNews.com lowered Community Healthcare Trust from a "hold" rating to a "sell" rating in a research report on Friday, January 31st. Piper Sandler raised their price target on Community Healthcare Trust from $18.00 to $19.00 and gave the company a "neutral" rating in a report on Thursday, October 31st. Finally, Truist Financial lifted their price objective on Community Healthcare Trust from $22.00 to $23.00 and gave the stock a "buy" rating in a research report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, two have issued 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 an average rating of "Hold" and an average target price 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.