Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Sold by CastleKnight Management LP

CastleKnight Management LP trimmed its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 31.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 35,100 shares of the real estate investment trust's stock after selling 16,100 shares during the quarter. CastleKnight Management LP owned about 0.12% of Community Healthcare Trust worth $674,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Barclays PLC raised 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 buying an additional 25,826 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in shares of Community Healthcare Trust by 71.7% during the third quarter. B. Riley Wealth Advisors Inc. now owns 17,801 shares of the real estate investment trust's stock valued at $323,000 after buying an additional 7,431 shares during the last quarter. SG Americas Securities LLC raised its position in shares of 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 buying an additional 1,021 shares during the last quarter. Graham Capital Wealth Management LLC raised its position in shares of Community Healthcare Trust by 31.7% during the fourth quarter. Graham Capital Wealth Management LLC now owns 192,233 shares of the real estate investment trust's stock valued at $3,693,000 after buying an additional 46,217 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in shares of Community Healthcare Trust by 10.1% during 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 buying an additional 3,473 shares during the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, 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 issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $21.25.

Insider Transactions at Community Healthcare Trust

In other news, Director Cathrine Cotman bought 3,000 shares of Community Healthcare Trust stock in a transaction dated Wednesday, April 30th. The stock was bought at an average price of $17.10 per share, for a total transaction of $51,300.00. Following the purchase, the director now owns 23,861 shares of the company's stock, valued at approximately $408,023.10. The trade was a 14.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 5.10% of the company's stock.

Community Healthcare Trust Trading Up 1.2%

CHCT traded up $0.19 on Monday, reaching $16.27. The stock had a trading volume of 81,620 shares, compared to its average volume of 296,133. The business's 50-day moving average price is $17.15 and its two-hundred day moving average price is $18.33. Community Healthcare Trust Incorporated has a 12-month low of $14.76 and a 12-month high of $27.62. The company has a market cap of $460.92 million, a P/E ratio of -70.64, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last announced its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02. The business had revenue of $29.73 million for the quarter, compared to analyst estimates of $29.71 million. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. As a group, analysts predict that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be issued 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 annualized dividend and a dividend yield of 11.56%. The ex-dividend date is Friday, May 9th. Community Healthcare Trust's dividend payout ratio is currently -606.45%.

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.