Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its position in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 95.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,412 shares of the real estate investment trust's stock after selling 471,651 shares during the period. Jane Street Group LLC owned approximately 0.07% of Community Healthcare Trust worth $392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of CHCT. Signaturefd LLC lifted its position in Community Healthcare Trust by 136.1% during the fourth quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 905 shares during the period. Quarry LP purchased a new position in Community Healthcare Trust during the fourth quarter valued at approximately $88,000. KLP Kapitalforvaltning AS acquired a new position in Community Healthcare Trust in the fourth quarter valued at approximately $108,000. Resona Asset Management Co. Ltd. acquired a new stake in shares of Community Healthcare Trust during the 4th quarter worth approximately $186,000. Finally, SG Americas Securities LLC increased its holdings 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 valued at $207,000 after purchasing an additional 1,021 shares in the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Horn R. Lawrence Van acquired 11,815 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average price of $16.37 per share, with a total value of $193,411.55. Following the completion of the acquisition, the director now owns 88,502 shares in the company, valued at approximately $1,448,777.74. This represents a 15.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Cathrine Cotman acquired 3,000 shares of the company's stock in a transaction dated Wednesday, April 30th. The shares were acquired at an average cost of $17.10 per share, with a total value of $51,300.00. Following the completion of the purchase, the director now owns 23,861 shares in the company, valued at approximately $408,023.10. This represents a 14.38% increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.10% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on CHCT shares. Wall Street Zen upgraded shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 8th. Piper Sandler decreased their price objective on shares of Community Healthcare Trust from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Friday, May 23rd. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $21.00.

Community Healthcare Trust Stock Down 0.1%

Shares of Community Healthcare Trust stock traded down $0.02 on Wednesday, reaching $16.35. The company's stock had a trading volume of 266,597 shares, compared to its average volume of 298,882. The company has a market capitalization of $463.33 million, a P/E ratio of -71.09, a PEG ratio of 1.28 and a beta of 0.74. The stock has a 50-day moving average price of $16.41 and a 200-day moving average price of $18.05. Community Healthcare Trust Incorporated has a 52-week low of $14.76 and a 52-week high of $27.62.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.02. The firm had revenue of $29.73 million for the quarter, compared to analysts' expectations of $29.71 million. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. Sell-side analysts forecast that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 11.50%. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, May 9th. Community Healthcare Trust's dividend payout ratio is -606.45%.

Community Healthcare Trust Company Profile

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.