Dimensional Fund Advisors LP Has $6.18 Million Stake in Community Healthcare Trust Incorporated (NYSE:CHCT)

Dimensional Fund Advisors LP reduced its holdings in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 321,895 shares of the real estate investment trust's stock after selling 31,826 shares during the quarter. Dimensional Fund Advisors LP owned about 1.14% of Community Healthcare Trust worth $6,183,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Invesco Ltd. raised its position 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 valued at $11,597,000 after buying an additional 558,384 shares during the last quarter. Kennedy Capital Management LLC raised its stake in Community Healthcare Trust by 23.3% during the fourth quarter. Kennedy Capital Management LLC now owns 717,342 shares of the real estate investment trust's stock worth $13,780,000 after acquiring an additional 135,462 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Community Healthcare Trust by 58.8% during 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 buying an additional 133,482 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Community Healthcare Trust by 24.4% during the fourth quarter. JPMorgan Chase & Co. now owns 403,945 shares of the real estate investment trust's stock worth $7,760,000 after buying an additional 79,116 shares in the last quarter. Finally, LDR Capital Management LLC increased its holdings in shares of Community Healthcare Trust by 135.6% during the fourth quarter. LDR Capital Management LLC now owns 81,808 shares of the real estate investment trust's stock worth $1,572,000 after buying an additional 47,088 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Cathrine Cotman purchased 3,000 shares of the business's stock in a transaction that occurred on Wednesday, April 30th. The shares were acquired at an average cost of $17.10 per share, for a total transaction of $51,300.00. Following the transaction, the director now directly owns 23,861 shares of the company's stock, valued at approximately $408,023.10. The trade was a 14.38% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 5.10% of the stock is currently owned by insiders.

Community Healthcare Trust Stock Down 2.3%

NYSE:CHCT traded down $0.37 during mid-day trading on Wednesday, reaching $15.88. 256,976 shares of the company were exchanged, compared to its average volume of 297,302. The stock has a market cap of $450.01 million, a PE ratio of -69.04, a PEG ratio of 1.28 and a beta of 0.74. Community Healthcare Trust Incorporated has a 12 month low of $14.76 and a 12 month high of $27.62. The company has a fifty day moving average of $17.05 and a 200 day moving average of $18.31.

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

Community Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be given a dividend of $0.47 per share. The ex-dividend date is Friday, May 9th. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.88 dividend on an annualized basis and a yield of 11.84%. Community Healthcare Trust's dividend payout ratio is presently -606.45%.

Wall Street Analysts Forecast Growth

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 issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $21.25.

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.