166,867 Shares in CareTrust REIT, Inc. $CTRE Acquired by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP acquired 166,867 shares of CareTrust REIT in the second quarter, valued at approximately $6.7 million. Institutional investors and hedge funds collectively own 87.77% of CTRE.
• CareTrust REIT reported quarterly earnings of $0.51 per share, matching estimates, on revenue of $161.35 million. The company maintained 2026 EPS guidance of $2.03–$2.06.
• CTRE pays a quarterly dividend of $0.39, equivalent to a 4.0% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $44.82, above the reported $39.02 share price.

Corient Private Wealth LP bought a new position in CareTrust REIT, Inc. (NYSE:CTRE - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 166,867 shares of the company's stock, valued at approximately $6,733,000. Corient Private Wealth LP owned approximately 0.07% of CareTrust REIT as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in CTRE. Royal Bank of Canada grew its position in shares of CareTrust REIT by 36.4% during the 1st quarter. Royal Bank of Canada now owns 179,501 shares of the company's stock worth $5,129,000 after buying an additional 47,936 shares during the period. NewEdge Advisors LLC lifted its position in shares of CareTrust REIT by 11.3% during the 1st quarter. NewEdge Advisors LLC now owns 33,628 shares of the company's stock valued at $961,000 after acquiring an additional 3,408 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of CareTrust REIT by 134.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the company's stock valued at $34,000 after acquiring an additional 644 shares during the period. First Trust Advisors LP boosted its stake in CareTrust REIT by 67.6% during the second quarter. First Trust Advisors LP now owns 245,154 shares of the company's stock worth $7,502,000 after acquiring an additional 98,850 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in CareTrust REIT by 310.1% during the second quarter. Cerity Partners LLC now owns 36,640 shares of the company's stock worth $1,121,000 after acquiring an additional 27,706 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

CareTrust REIT Stock Performance

NYSE CTRE opened at $39.02 on Monday. The company has a market cap of $9.22 billion, a P/E ratio of 24.54, a PEG ratio of 1.54 and a beta of 0.75. The company has a fifty day simple moving average of $40.71 and a 200 day simple moving average of $39.78. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.27. CareTrust REIT, Inc. has a 12-month low of $32.79 and a 12-month high of $43.62.

CareTrust REIT (NYSE:CTRE - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The firm had revenue of $161.35 million for the quarter. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. Sell-side analysts predict that CareTrust REIT, Inc. will post 2.05 earnings per share for the current fiscal year.

CareTrust REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.56 annualized dividend and a yield of 4.0%. CareTrust REIT's dividend payout ratio (DPR) is presently 98.11%.

Wall Street Analysts Forecast Growth

CTRE has been the subject of several research analyst reports. KeyCorp reaffirmed an "overweight" rating and issued a $46.00 price target on shares of CareTrust REIT in a research note on Friday, May 29th. Cantor Fitzgerald increased their price objective on shares of CareTrust REIT from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. Mizuho set a $45.00 target price on CareTrust REIT in a research note on Friday, May 22nd. Wells Fargo & Company boosted their target price on CareTrust REIT from $42.00 to $47.00 and gave the company an "overweight" rating in a research report on Monday, June 1st. Finally, BMO Capital Markets upped their price target on CareTrust REIT from $46.00 to $47.00 and gave the stock an "outperform" rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, CareTrust REIT presently has an average rating of "Moderate Buy" and an average price target of $44.82.

CareTrust REIT Profile

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.

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