Deprince Race & Zollo Inc. Grows Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

Deprince Race & Zollo Inc. raised its stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 20.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 360,830 shares of the real estate investment trust's stock after acquiring an additional 61,327 shares during the quarter. Deprince Race & Zollo Inc. owned approximately 1.28% of Community Healthcare Trust worth $6,932,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Signaturefd LLC raised its stake in shares of Community Healthcare Trust by 136.1% during the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust's stock worth $30,000 after buying an additional 905 shares during the period. Quarry LP acquired a new position in shares of Community Healthcare Trust during the 4th quarter worth approximately $88,000. KLP Kapitalforvaltning AS acquired a new position in shares of Community Healthcare Trust during the 4th quarter worth approximately $108,000. Resona Asset Management Co. Ltd. acquired a new position in shares of Community Healthcare Trust during the 4th quarter worth approximately $186,000. Finally, SG Americas Securities LLC raised its stake in shares of Community Healthcare Trust by 10.5% during 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 period. 87.84% of the stock is owned by institutional investors and hedge funds.

Community Healthcare Trust Stock Performance

Shares of CHCT traded up $0.22 during trading hours on Monday, hitting $16.30. 308,314 shares of the stock were exchanged, compared to its average volume of 297,024. 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 $461.94 million, a price-to-earnings ratio of -70.87, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74. The stock's 50-day moving average price is $17.15 and its two-hundred day moving average price is $18.33.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.55 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 during the quarter, compared to analysts' expectations of $29.71 million. On average, research analysts expect 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 announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be issued a $0.47 dividend. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.88 annualized dividend and a yield of 11.53%. The ex-dividend date of this dividend is Friday, May 9th. Community Healthcare Trust's dividend payout ratio is presently -606.45%.

Analyst Ratings Changes

Separately, 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, Community Healthcare Trust has a consensus rating of "Hold" and an average price target of $21.25.

Insider Buying and Selling at Community Healthcare Trust

In related news, Director Cathrine Cotman bought 3,000 shares of the company's stock in a transaction on Wednesday, April 30th. The stock was bought at an average cost of $17.10 per share, for a total transaction of $51,300.00. Following the acquisition, the director now directly owns 23,861 shares in the company, valued at $408,023.10. This represents a 14.38% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 5.10% of the stock is owned by company insiders.

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.