Aristotle Capital Boston LLC Lowers Holdings in Community Healthcare Trust Incorporated (NYSE:CHCT)

Aristotle Capital Boston LLC cut its stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 10.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 704,428 shares of the real estate investment trust's stock after selling 84,119 shares during the period. Aristotle Capital Boston LLC owned about 2.49% of Community Healthcare Trust worth $13,532,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Signaturefd LLC boosted its stake in shares of Community Healthcare Trust by 136.1% in the fourth 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 period. Quarry LP bought a new stake in shares of Community Healthcare Trust during the fourth quarter valued at approximately $88,000. KLP Kapitalforvaltning AS purchased a new position in shares of Community Healthcare Trust in the fourth quarter worth $108,000. Resona Asset Management Co. Ltd. bought a new position in shares of Community Healthcare Trust during the fourth quarter worth $186,000. Finally, SG Americas Securities LLC grew its stake in Community Healthcare Trust by 10.5% during 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 acquiring an additional 1,021 shares in the last quarter. Institutional investors own 87.84% of the company's stock.

Insider Buying and Selling at Community Healthcare Trust

In other Community Healthcare Trust news, Director Cathrine Cotman bought 3,000 shares of the firm's stock in a transaction dated Wednesday, April 30th. The stock was acquired at an average cost of $17.10 per share, for a total transaction of $51,300.00. Following the completion of the transaction, the director now owns 23,861 shares in the company, valued at $408,023.10. This trade represents a 14.38 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.10% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Community Healthcare Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 8th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Community Healthcare Trust presently has a consensus rating of "Hold" and a consensus price target of $21.25.

Community Healthcare Trust Price Performance

Shares of NYSE:CHCT traded up $0.07 during trading on Monday, hitting $17.08. The company had a trading volume of 174,605 shares, compared to its average volume of 295,713. The stock has a market cap of $484.06 million, a price-to-earnings ratio of -74.27, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. The company has a fifty day simple moving average of $17.29 and a two-hundred day simple moving average of $18.34. Community Healthcare Trust Incorporated has a one year low of $14.76 and a one year high of $27.62.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.02. The business had revenue of $29.73 million for the quarter, compared to analysts' expectations of $29.71 million. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. On average, equities research analysts anticipate that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be paid a $0.47 dividend. The ex-dividend date is Friday, May 9th. This represents a $1.88 annualized dividend and a yield of 11.01%. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. Community Healthcare Trust's dividend payout ratio (DPR) is presently -606.45%.

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.