Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC reduced its stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 96.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,114 shares of the real estate investment trust's stock after selling 249,386 shares during the quarter. Janus Henderson Group PLC's holdings in Community Healthcare Trust were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC lifted its holdings in shares of Community Healthcare Trust by 136.1% during the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 905 shares during the period. SG Americas Securities LLC boosted 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 during the last quarter. Rhumbline Advisers boosted its holdings in shares of Community Healthcare Trust by 2.4% during the 4th quarter. Rhumbline Advisers now owns 47,909 shares of the real estate investment trust's stock valued at $920,000 after purchasing an additional 1,125 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Community Healthcare Trust by 9.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 19,936 shares of the real estate investment trust's stock valued at $383,000 after purchasing an additional 1,751 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Community Healthcare Trust by 20.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 10,934 shares of the real estate investment trust's stock valued at $210,000 after purchasing an additional 1,828 shares during the last quarter. 87.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CHCT has been the subject of a number of analyst reports. Piper Sandler lowered their price target on shares of Community Healthcare Trust from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Friday, May 23rd. Wall Street Zen raised shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 8th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $21.00.

Insider Activity at Community Healthcare Trust

In other Community Healthcare Trust news, Director Cathrine Cotman acquired 3,000 shares of the business's stock in a transaction that occurred on Wednesday, April 30th. The shares were bought at an average cost of $17.10 per share, with a total value of $51,300.00. Following the completion of the acquisition, the director now directly owns 23,861 shares in the company, valued at $408,023.10. This represents a 14.38% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.10% of the stock is currently owned by corporate insiders.

Community Healthcare Trust Stock Performance

NYSE CHCT traded up $0.16 during trading on Thursday, hitting $16.44. The stock had a trading volume of 50,430 shares, compared to its average volume of 297,552. The stock has a market capitalization of $465.88 million, a price-to-earnings ratio of -71.51, a P/E/G ratio of 1.28 and a beta of 0.74. Community Healthcare Trust Incorporated has a one year low of $14.76 and a one year high of $27.62. The stock has a 50 day simple moving average of $16.59 and a 200 day simple moving average of $18.14.

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

Community Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 11.44%. This is a positive change 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 (DPR) is presently -606.45%.

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.