Quantbot Technologies LP Has $100,000 Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

Quantbot Technologies LP lessened its stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 84.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,199 shares of the real estate investment trust's stock after selling 27,568 shares during the quarter. Quantbot Technologies LP's holdings in Community Healthcare Trust were worth $100,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its stake in Community Healthcare Trust by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 227,050 shares of the real estate investment trust's stock worth $4,121,000 after purchasing an additional 10,824 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Community Healthcare Trust by 11.2% in the 3rd 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. Dynamic Technology Lab Private Ltd acquired a new position in shares of Community Healthcare Trust in the 3rd quarter valued at about $212,000. The Manufacturers Life Insurance Company raised its stake in Community Healthcare Trust by 5.9% during the third quarter. The Manufacturers Life Insurance Company now owns 18,623 shares of the real estate investment trust's stock worth $338,000 after acquiring an additional 1,041 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in Community Healthcare Trust by 257.8% during the third quarter. BNP Paribas Financial Markets now owns 24,226 shares of the real estate investment trust's stock worth $440,000 after acquiring an additional 17,455 shares during the period. Institutional investors own 87.84% of the company's stock.

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Community Healthcare Trust Stock Performance

Shares of CHCT stock traded down $0.57 during trading on Friday, hitting $17.23. 144,090 shares of the company were exchanged, compared to its average volume of 286,156. Community Healthcare Trust Incorporated has a twelve month low of $15.06 and a twelve month high of $27.62. The firm has a market capitalization of $488.28 million, a price-to-earnings ratio of -75.06, a P/E/G ratio of 1.28 and a beta of 0.75. The business's 50-day simple moving average is $18.97 and its 200 day simple moving average is $18.51.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $29.30 million during the quarter, compared to the consensus estimate of $29.85 million. On average, equities analysts forecast that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were issued a dividend of $0.4675 per share. The ex-dividend date was Monday, February 24th. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.87 dividend on an annualized basis and a dividend yield of 10.85%. Community Healthcare Trust's dividend payout ratio (DPR) is presently -813.04%.

Wall Street Analyst Weigh In

A number of brokerages have commented on CHCT. Truist Financial lifted their target price on Community Healthcare Trust from $22.00 to $23.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. StockNews.com upgraded Community Healthcare Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 8th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company 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.