Aristotle Capital Boston LLC Cuts Stock Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

Aristotle Capital Boston LLC reduced its stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 10.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 704,428 shares of the real estate investment trust's stock after selling 84,119 shares during the quarter. Aristotle Capital Boston LLC owned approximately 2.49% of Community Healthcare Trust worth $13,532,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Barclays PLC lifted its position in shares of Community Healthcare Trust by 159.1% during the third quarter. Barclays PLC now owns 42,054 shares of the real estate investment trust's stock valued at $762,000 after purchasing an additional 25,826 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of Community Healthcare Trust by 71.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,801 shares of the real estate investment trust's stock worth $323,000 after buying an additional 7,431 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Community Healthcare Trust by 10.5% in the 4th quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust's stock worth $207,000 after buying an additional 1,021 shares during the last quarter. Graham Capital Wealth Management LLC boosted its stake in shares of Community Healthcare Trust by 31.7% in the 4th quarter. Graham Capital Wealth Management LLC now owns 192,233 shares of the real estate investment trust's stock worth $3,693,000 after buying an additional 46,217 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Community Healthcare Trust by 10.1% in the fourth quarter. Asset Management One Co. Ltd. now owns 37,843 shares of the real estate investment trust's stock valued at $694,000 after acquiring an additional 3,473 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors.

Community Healthcare Trust Price Performance

NYSE:CHCT traded down $0.25 on Thursday, reaching $16.85. 108,727 shares of the company's stock were exchanged, compared to its average volume of 295,094. The firm has a market cap of $477.50 million, a price-to-earnings ratio of -73.26, a P/E/G ratio of 1.28 and a beta of 0.74. The stock has a fifty day simple moving average of $17.23 and a 200-day simple moving average of $18.33. Community Healthcare Trust Incorporated has a 52 week low of $14.76 and a 52 week high of $27.62.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last posted its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. 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 $29.73 million for the quarter, compared to the consensus estimate of $29.71 million. As a group, sell-side analysts predict that Community Healthcare Trust Incorporated will post 1.85 EPS 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. Stockholders of record on Friday, May 9th will be given a $0.47 dividend. This is a positive change from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.88 dividend on an annualized basis and a dividend yield of 11.16%. The ex-dividend date of this dividend is Friday, May 9th. Community Healthcare Trust's dividend payout ratio (DPR) is -606.45%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Community Healthcare Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 8th. Three investment 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 a consensus target price of $21.25.

Insiders Place Their Bets

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

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.