CareTrust REIT, Inc. $CTRE Shares Purchased by Tidal Investments LLC

Key Points

• Tidal Investments increased its CareTrust REIT stake by 365.9% in the second quarter, acquiring 67,290 additional shares for a total position worth approximately $3.46 million. Institutional investors and hedge funds collectively own 87.77% of CTRE.
• CareTrust REIT reported quarterly EPS of $0.51, matching analyst expectations, on revenue of $161.35 million. Management set fiscal 2026 EPS guidance at $2.03–$2.06.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $44.50, compared with CTRE’s opening price of $38.06.

Tidal Investments LLC raised its stake in shares of CareTrust REIT, Inc. (NYSE:CTRE - Free Report) by 365.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,678 shares of the company's stock after acquiring an additional 67,290 shares during the period. Tidal Investments LLC's holdings in CareTrust REIT were worth $3,457,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CTRE. Swiss Life Asset Management Ltd grew its stake in shares of CareTrust REIT by 2.9% in the 4th quarter. Swiss Life Asset Management Ltd now owns 10,309 shares of the company's stock valued at $373,000 after purchasing an additional 291 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of CareTrust REIT by 1.1% during the first quarter. Kestra Private Wealth Services LLC now owns 27,684 shares of the company's stock worth $1,015,000 after purchasing an additional 297 shares during the last quarter. IFM Investors Pty Ltd raised its stake in shares of CareTrust REIT by 1.0% during the first quarter. IFM Investors Pty Ltd now owns 36,608 shares of the company's stock worth $1,342,000 after purchasing an additional 345 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of CareTrust REIT by 1.0% during the second quarter. NewEdge Advisors LLC now owns 37,934 shares of the company's stock worth $1,531,000 after purchasing an additional 362 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of CareTrust REIT by 1.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 21,597 shares of the company's stock worth $781,000 after purchasing an additional 380 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

CareTrust REIT Stock Performance

CTRE opened at $38.06 on Tuesday. CareTrust REIT, Inc. has a 1-year low of $32.79 and a 1-year high of $43.62. The stock has a market cap of $8.99 billion, a P/E ratio of 23.94, a P/E/G ratio of 1.53 and a beta of 0.76. The stock's 50 day simple moving average is $40.46 and its 200 day simple moving average is $39.71. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.57 and a quick ratio of 0.57.

CareTrust REIT (NYSE:CTRE - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.51. The firm had revenue of $161.35 million during the quarter. CareTrust REIT had a return on equity of 8.52% and a net margin of 62.19%.CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. As a group, equities analysts anticipate that CareTrust REIT, Inc. will post 2.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CTRE shares. Cantor Fitzgerald boosted their price objective on shares of CareTrust REIT from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Monday, August 10th. Royal Bank Of Canada cut shares of CareTrust REIT from an "outperform" rating to a "sector perform" rating and reduced their target price for the stock from $44.00 to $43.00 in a research note on Friday, August 14th. BMO Capital Markets lifted their target price on shares of CareTrust REIT from $46.00 to $47.00 and gave the company an "outperform" rating in a report on Monday, June 15th. Huntington started coverage on shares of CareTrust REIT in a research note on Thursday, September 10th. They set an "outperform" rating and a $44.00 price target on the stock. Finally, Zacks Research upgraded shares of CareTrust REIT from a "strong sell" rating to a "hold" rating in a research note on Monday, May 25th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $44.50.

CareTrust REIT Company Profile

CareTrust REIT, Inc is a healthcare-focused real estate investment trust that owns and manages a portfolio of healthcare-related properties across the United States. The company primarily invests in properties that are leased to healthcare operators under long-term, typically triple-net lease agreements.

CareTrust's portfolio includes skilled nursing facilities, assisted living facilities, independent living communities, memory care properties and other healthcare-related real estate. Its tenants are responsible for operating the facilities and generally cover property-level expenses such as taxes, insurance and maintenance under the terms of the leases.

CareTrust was established in 2014 through a separation from The Ensign Group, a healthcare services company.

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