Jupiter Topco LLC Invests $4.06 Million in CareTrust REIT, Inc. $CTRE

Key Points

• Jupiter Topco LLC acquired 100,533 CareTrust REIT shares in the second quarter, valued at approximately $4.06 million. Institutional investors collectively own 87.77% of CTRE.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $44.55. CareTrust reported quarterly EPS of $0.51, matching estimates, and issued full-year 2026 guidance of $2.03–$2.06 EPS.
• CareTrust REIT’s shares recently traded at $39.88, while the company declared a quarterly dividend of $0.39, equivalent to an annualized $1.56 payout and a 3.9% yield.

Jupiter Topco LLC acquired a new position in shares of CareTrust REIT, Inc. (NYSE:CTRE - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 100,533 shares of the company's stock, valued at approximately $4,057,000.

A number of other institutional investors also recently added to or reduced their stakes in CTRE. Swiss Life Asset Management Ltd raised its holdings in CareTrust REIT by 2.9% in the fourth quarter. Swiss Life Asset Management Ltd now owns 10,309 shares of the company's stock worth $373,000 after purchasing an additional 291 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of CareTrust REIT by 1.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 27,684 shares of the company's stock worth $1,015,000 after buying an additional 297 shares during the last quarter. Tocqueville Asset Management L.P. raised its stake in shares of CareTrust REIT by 2.8% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 10,900 shares of the company's stock worth $378,000 after acquiring an additional 300 shares in the last quarter. UMB Bank n.a. raised its stake in shares of CareTrust REIT by 25.3% during the 4th quarter. UMB Bank n.a. now owns 1,525 shares of the company's stock worth $55,000 after acquiring an additional 308 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in CareTrust REIT by 0.9% during the fourth quarter. NewEdge Advisors LLC now owns 36,044 shares of the company's stock valued at $1,303,000 after acquiring an additional 318 shares during the last quarter. Institutional investors own 87.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. KeyCorp restated an "overweight" rating and issued a $46.00 target price on shares of CareTrust REIT in a research note on Friday, May 29th. Weiss Ratings lowered CareTrust REIT from a "buy (a-)" rating to a "buy (b+)" rating in a report on Friday, August 21st. Zacks Research upgraded CareTrust REIT from a "strong sell" rating to a "hold" rating in a report on Monday, May 25th. Citigroup reissued a "market outperform" rating on shares of CareTrust REIT in a research report on Wednesday, June 10th. Finally, Wells Fargo & Company reduced their target price on CareTrust REIT from $47.00 to $44.00 and set an "overweight" rating on the stock in a research report on Tuesday. One equities research 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 company's stock. Based on data from MarketBeat.com, CareTrust REIT presently has an average rating of "Moderate Buy" and an average target price of $44.55.

CareTrust REIT Trading Up 2.4%

Shares of CareTrust REIT stock opened at $39.88 on Wednesday. The stock has a market cap of $9.42 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 1.53 and a beta of 0.76. The firm has a fifty day moving average price of $40.76 and a 200 day moving average price of $39.79. CareTrust REIT, Inc. has a 1 year low of $32.79 and a 1 year high of $43.62. 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 announced its quarterly earnings results on Thursday, August 6th. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The company had revenue of $161.35 million for 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. Equities research analysts predict that CareTrust REIT, Inc. will post 2.05 earnings per share for the current year.

CareTrust REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.56 dividend on an annualized basis and a yield of 3.9%. CareTrust REIT's payout ratio is presently 98.11%.

About CareTrust REIT

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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