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Jane Street Group LLC Boosts Stock Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

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Jane Street Group LLC increased its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 1,395.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 492,063 shares of the real estate investment trust's stock after acquiring an additional 459,163 shares during the period. Jane Street Group LLC owned about 1.74% of Community Healthcare Trust worth $8,931,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CHCT. Systematic Financial Management LP grew its stake in Community Healthcare Trust by 25.0% in 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 acquiring an additional 187,510 shares in the last quarter. Deprince Race & Zollo Inc. grew its stake in Community Healthcare Trust by 18.1% in the second quarter. Deprince Race & Zollo Inc. now owns 428,730 shares of the real estate investment trust's stock worth $10,028,000 after purchasing an additional 65,642 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Community Healthcare Trust by 1.9% in the second quarter. Dimensional Fund Advisors LP now owns 372,488 shares of the real estate investment trust's stock worth $8,712,000 after purchasing an additional 6,836 shares in the last quarter. Peregrine Capital Management LLC increased its holdings in Community Healthcare Trust by 15.5% during the 2nd quarter. Peregrine Capital Management LLC now owns 246,109 shares of the real estate investment trust's stock worth $5,756,000 after purchasing an additional 33,008 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Community Healthcare Trust by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 227,050 shares of the real estate investment trust's stock valued at $4,121,000 after purchasing an additional 10,824 shares in the last quarter. Hedge funds and other institutional investors own 87.84% of the company's stock.

Community Healthcare Trust Stock Performance

CHCT traded down $0.05 on Friday, hitting $18.09. The company had a trading volume of 182,075 shares, compared to its average volume of 274,936. The stock has a market capitalization of $510.86 million, a price-to-earnings ratio of -201.22, a P/E/G ratio of 1.24 and a beta of 0.68. The stock has a fifty day moving average price of $18.13 and a 200-day moving average price of $20.02. Community Healthcare Trust Incorporated has a 12-month low of $15.06 and a 12-month high of $29.16.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $29.06 million. During the same period in the previous year, the firm earned $0.63 EPS. Analysts forecast that Community Healthcare Trust Incorporated will post 1.84 EPS for the current fiscal year.

Community Healthcare Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.465 per share. The ex-dividend date of this dividend was Friday, November 8th. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.42. This represents a $1.86 dividend on an annualized basis and a dividend yield of 10.28%. Community Healthcare Trust's dividend payout ratio is presently -2,066.67%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Truist Financial dropped their price target on Community Healthcare Trust from $30.00 to $22.00 and set a "buy" rating on the stock in a research report on Friday, August 30th. Piper Sandler increased their target price on shares of Community Healthcare Trust from $18.00 to $19.00 and gave the stock a "neutral" rating in a report on Thursday, October 31st. StockNews.com upgraded shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a report on Monday, November 25th. Finally, Evercore ISI upgraded shares of Community Healthcare Trust from an "underperform" rating to an "inline" rating and dropped their price objective for the company from $21.00 to $18.00 in a research note on Monday, September 16th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Community Healthcare Trust currently has a consensus rating of "Hold" and an average price target of $21.00.

Check Out Our Latest Report on Community Healthcare Trust

Community Healthcare Trust Profile

(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.

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Institutional Ownership by Quarter for Community Healthcare Trust (NYSE:CHCT)

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