Boothbay Fund Management LLC Has $399,000 Stock Holdings in Community Healthcare Trust Incorporated (NYSE:CHCT)

Boothbay Fund Management LLC lowered its stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 52.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,793 shares of the real estate investment trust's stock after selling 23,395 shares during the period. Boothbay Fund Management LLC owned about 0.07% of Community Healthcare Trust worth $399,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake 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 acquiring an additional 133,482 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Community Healthcare Trust by 1,232.9% during the fourth quarter. Invesco Ltd. now owns 603,674 shares of the real estate investment trust's stock worth $11,597,000 after buying an additional 558,384 shares in the last quarter. Graham Capital Wealth Management LLC lifted its stake in 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 purchasing an additional 46,217 shares in the last quarter. Sei Investments Co. grew its position in shares of Community Healthcare Trust by 6.9% in the fourth quarter. Sei Investments Co. now owns 232,819 shares of the real estate investment trust's stock valued at $4,472,000 after purchasing an additional 14,972 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings 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 valued at $4,227,000 after purchasing an additional 32,469 shares during the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Community Healthcare Trust Trading Up 1.2 %

Shares of NYSE CHCT traded up $0.20 during trading on Wednesday, reaching $17.20. The company had a trading volume of 29,809 shares, compared to its average volume of 294,644. The stock has a market capitalization of $487.39 million, a PE ratio of -74.85, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74. The stock has a 50-day moving average price of $17.26 and a two-hundred day moving average price of $18.33. Community Healthcare Trust Incorporated has a twelve month low of $14.76 and a twelve month high of $27.62.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.55 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $29.73 million for the quarter, compared to the consensus estimate of $29.71 million. On average, 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. Investors of record on Friday, May 9th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 10.93%. The ex-dividend date is Friday, May 9th. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. Community Healthcare Trust's dividend payout ratio (DPR) is -606.45%.

Insiders Place Their Bets

In other Community Healthcare Trust news, Director Cathrine Cotman bought 3,000 shares of the stock in a transaction on Wednesday, April 30th. The shares were bought at an average price of $17.10 per share, with a total value of $51,300.00. Following the purchase, the director now directly owns 23,861 shares in the company, valued at $408,023.10. The trade was a 14.38 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.10% of the stock is owned by insiders.

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.