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Community Healthcare Trust Incorporated (NYSE:CHCT) Stock Holdings Lowered by Janus Henderson Group PLC

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Janus Henderson Group PLC cut its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 65.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 259,500 shares of the real estate investment trust's stock after selling 490,681 shares during the quarter. Janus Henderson Group PLC owned approximately 0.92% of Community Healthcare Trust worth $4,710,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Daiwa Securities Group Inc. increased its stake in shares of Community Healthcare Trust by 11.2% in the third quarter. Daiwa Securities Group Inc. now owns 8,323 shares of the real estate investment trust's stock worth $151,000 after buying an additional 840 shares during the last quarter. SG Americas Securities LLC grew its holdings in Community Healthcare Trust by 6.8% during the 3rd quarter. SG Americas Securities LLC now owns 9,770 shares of the real estate investment trust's stock worth $177,000 after acquiring an additional 618 shares in the last quarter. Woodmont Investment Counsel LLC bought a new stake in shares of Community Healthcare Trust in the 3rd quarter worth about $182,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Community Healthcare Trust during the third quarter worth about $212,000. Finally, Pensionfund Sabic bought a new position in shares of Community Healthcare Trust during the third quarter worth about $218,000. 87.84% of the stock is owned by institutional investors and hedge funds.

Community Healthcare Trust Price Performance

NYSE:CHCT traded down $0.36 during midday trading on Wednesday, reaching $18.22. 248,711 shares of the company traded hands, compared to its average volume of 275,866. The firm has a market capitalization of $514.39 million, a price-to-earnings ratio of -202.39, a price-to-earnings-growth ratio of 1.23 and a beta of 0.68. The company has a fifty day moving average price of $18.09 and a 200 day moving average price of $20.06. Community Healthcare Trust Incorporated has a twelve month low of $15.06 and a twelve month high of $29.16.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last announced its quarterly 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). The firm had revenue of $29.64 million for the quarter, compared to analyst estimates of $29.06 million. Community Healthcare Trust had a negative net margin of 0.39% and a negative return on equity of 0.09%. During the same period last year, the firm posted $0.63 EPS. On average, equities research analysts forecast that Community Healthcare Trust Incorporated will post 1.84 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were given a $0.465 dividend. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.86 annualized dividend and a yield of 10.21%. Community Healthcare Trust's dividend payout ratio is -2,066.67%.

Wall Street Analyst Weigh In

CHCT has been the topic of several research reports. Evercore ISI upgraded Community Healthcare Trust from an "underperform" rating to an "inline" rating and cut their price objective for the company from $21.00 to $18.00 in a research note on Monday, September 16th. 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. StockNews.com upgraded Community Healthcare Trust from a "sell" rating to a "hold" rating in a research note on Monday, November 25th. Finally, 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. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, Community Healthcare Trust presently has a consensus rating of "Hold" and an average target price of $21.00.

Read Our Latest Stock Analysis on CHCT

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.

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

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