Samalin Investment Counsel LLC Takes Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

Samalin Investment Counsel LLC purchased a new stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 26,950 shares of the real estate investment trust's stock, valued at approximately $518,000. Samalin Investment Counsel LLC owned approximately 0.10% of Community Healthcare Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CHCT. Signaturefd LLC increased its stake in Community Healthcare Trust by 136.1% in the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 905 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Community Healthcare Trust during the fourth quarter worth about $108,000. Daiwa Securities Group Inc. increased its position 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 purchasing an additional 840 shares during the last quarter. SG Americas Securities LLC raised its stake in Community Healthcare Trust by 10.5% in the fourth quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust's stock valued at $207,000 after purchasing an additional 1,021 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in Community Healthcare Trust during the third quarter valued at approximately $198,000. 87.84% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Truist Financial raised their price objective on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. StockNews.com upgraded Community Healthcare Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 8th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $21.25.

Community Healthcare Trust Price Performance

NYSE:CHCT traded up $0.23 during mid-day trading on Friday, reaching $18.25. 107,948 shares of the company's stock traded hands, compared to its average volume of 287,408. The company has a 50 day moving average price of $19.11 and a 200-day moving average price of $18.46. The firm has a market capitalization of $517.19 million, a price-to-earnings ratio of -79.35, a PEG 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 earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.01. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. The firm had revenue of $29.30 million for the quarter, compared to analysts' expectations of $29.85 million. As a group, analysts forecast that Community Healthcare Trust Incorporated will post 1.85 EPS for the current year.

Community Healthcare Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were given a $0.4675 dividend. This represents a $1.87 annualized dividend and a dividend yield of 10.25%. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. The ex-dividend date was Monday, February 24th. Community Healthcare Trust's dividend payout ratio (DPR) is currently -813.04%.

Community Healthcare Trust Profile

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.