CareTrust REIT, Inc. $CTRE Stock Position Raised by Copeland Capital Management LLC

Key Points

• Copeland Capital Management LLC raised its stake in CareTrust REIT (CTRE) by 5.1% in Q4 to 1,802,843 shares (an additional 86,742), a holding worth about $65.19 million that represents ~0.81% of the company and 1.5% of Copeland's portfolio (its 16th largest position).
• CareTrust beat quarterly EPS estimates ($0.50 vs. $0.47), set FY2026 guidance of 1.90–1.95 EPS, and raised its quarterly dividend to $0.39 ($1.56 annualized, ~4.1% yield; DPR 86.45%).
• Institutions own 87.77% of CTRE (Vanguard holds ~32.97M shares worth ~$1.14B), and analysts show a consensus "Buy" with an average price target of $42.82.

Copeland Capital Management LLC raised its position in shares of CareTrust REIT, Inc. (NYSE:CTRE - Free Report) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,802,843 shares of the company's stock after purchasing an additional 86,742 shares during the period. CareTrust REIT accounts for about 1.5% of Copeland Capital Management LLC's investment portfolio, making the stock its 16th largest position. Copeland Capital Management LLC owned approximately 0.81% of CareTrust REIT worth $65,191,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of CareTrust REIT by 14.1% during the 3rd quarter. Vanguard Group Inc. now owns 32,973,216 shares of the company's stock worth $1,143,511,000 after purchasing an additional 4,067,975 shares in the last quarter. State Street Corp raised its stake in shares of CareTrust REIT by 11.7% during the 3rd quarter. State Street Corp now owns 12,206,572 shares of the company's stock worth $427,336,000 after purchasing an additional 1,277,378 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of CareTrust REIT by 114.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,238,307 shares of the company's stock worth $112,305,000 after purchasing an additional 1,728,043 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in shares of CareTrust REIT by 19.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 3,116,292 shares of the company's stock worth $108,073,000 after purchasing an additional 509,298 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of CareTrust REIT by 17.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,100,590 shares of the company's stock worth $107,525,000 after purchasing an additional 468,719 shares in the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

CareTrust REIT Stock Up 1.9%

Shares of CTRE stock opened at $38.02 on Friday. The stock's 50 day simple moving average is $39.15 and its 200 day simple moving average is $37.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.73 and a current ratio of 1.73. CareTrust REIT, Inc. has a twelve month low of $27.27 and a twelve month high of $41.72. The company has a market capitalization of $8.49 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 2.50 and a beta of 0.77.

CareTrust REIT (NYSE:CTRE - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. CareTrust REIT had a return on equity of 8.98% and a net margin of 67.28%.The business had revenue of $134.86 million for the quarter. CareTrust REIT has set its FY 2026 guidance at 1.900-1.95 EPS. As a group, research analysts predict that CareTrust REIT, Inc. will post 1.98 EPS for the current year.

CareTrust REIT Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Tuesday, March 31st. This is a positive change from CareTrust REIT's previous quarterly dividend of $0.34. CareTrust REIT's dividend payout ratio (DPR) is 86.45%.

Wall Street Analysts Forecast Growth

CTRE has been the subject of a number of recent research reports. BMO Capital Markets raised CareTrust REIT from a "hold" rating to an "outperform" rating and set a $43.00 price target for the company in a research note on Friday, January 9th. Mizuho initiated coverage on CareTrust REIT in a research note on Thursday, April 2nd. They set an "outperform" rating and a $42.00 price target for the company. Citigroup initiated coverage on CareTrust REIT in a research note on Thursday, January 22nd. They set a "market outperform" rating for the company. Zacks Research downgraded CareTrust REIT from a "hold" rating to a "strong sell" rating in a research note on Wednesday, March 25th. Finally, Cantor Fitzgerald raised their price target on CareTrust REIT from $37.00 to $42.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 17th. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $42.82.

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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