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

Quantbot Technologies LP trimmed its position 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 Securities and Exchange Commission (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 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Systematic Financial Management LP boosted its stake in shares of Community Healthcare Trust by 25.0% in the third quarter. Systematic Financial Management LP now owns 936,753 shares of the real estate investment trust's stock valued at $17,002,000 after buying an additional 187,510 shares during the period. Geode Capital Management LLC lifted its position in shares of Community Healthcare Trust by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 674,517 shares of the real estate investment trust's stock valued at $12,245,000 after acquiring an additional 9,256 shares during the period. Jane Street Group LLC grew its holdings in shares of Community Healthcare Trust by 1,395.6% during the 3rd quarter. Jane Street Group LLC now owns 492,063 shares of the real estate investment trust's stock worth $8,931,000 after purchasing an additional 459,163 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Community Healthcare Trust by 58.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 360,532 shares of the real estate investment trust's stock worth $6,926,000 after purchasing an additional 133,482 shares during the period. Finally, New York State Common Retirement Fund increased its position in shares of Community Healthcare Trust by 17.3% in the fourth quarter. New York State Common Retirement Fund now owns 220,024 shares of the real estate investment trust's stock worth $4,227,000 after purchasing an additional 32,469 shares during the period. Institutional investors own 87.84% of the company's stock.

Community Healthcare Trust Price Performance

Shares of CHCT stock traded down $0.65 on Friday, hitting $17.15. 265,748 shares of the company's stock were exchanged, compared to its average volume of 287,784. The company has a 50 day moving average of $18.91 and a 200 day moving average of $18.51. The stock has a market cap of $486.01 million, a P/E ratio of -74.57, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75. Community Healthcare Trust Incorporated has a 12 month low of $15.06 and a 12 month high of $27.62.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The company had revenue of $29.30 million for the quarter, compared to the consensus estimate of $29.85 million. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. Sell-side analysts predict that Community Healthcare Trust Incorporated will post 1.85 EPS for the current fiscal year.

Community Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were issued a dividend of $0.4675 per share. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.87 annualized dividend and a dividend yield of 10.90%. Community Healthcare Trust's dividend payout ratio is -813.04%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CHCT shares. Truist Financial upped their price objective on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the stock a "buy" rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a 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 company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus 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.