Two Sigma Advisers LP Purchases 106,301 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

Two Sigma Advisers LP raised its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 90.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 224,200 shares of the real estate investment trust's stock after purchasing an additional 106,301 shares during the period. Two Sigma Advisers LP owned 0.79% of Community Healthcare Trust worth $4,307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its stake in shares of Community Healthcare Trust by 10.5% in 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 acquiring an additional 1,021 shares during the last quarter. Graham Capital Wealth Management LLC increased its stake in Community Healthcare Trust by 31.7% during the 4th quarter. Graham Capital Wealth Management LLC now owns 192,233 shares of the real estate investment trust's stock worth $3,693,000 after purchasing an additional 46,217 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in Community Healthcare Trust by 10.1% during the 4th quarter. Asset Management One Co. Ltd. now owns 37,843 shares of the real estate investment trust's stock worth $694,000 after purchasing an additional 3,473 shares in the last quarter. Rhumbline Advisers increased its stake in 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 worth $920,000 after purchasing an additional 1,125 shares in the last quarter. Finally, New York State Common Retirement Fund increased its stake in Community Healthcare Trust by 17.3% during the 4th quarter. New York State Common Retirement Fund now owns 220,024 shares of the real estate investment trust's stock worth $4,227,000 after purchasing an additional 32,469 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CHCT has been the subject of a number of research reports. Wall Street Zen raised Community Healthcare Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 8th. Piper Sandler decreased 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 research note on Friday, May 23rd. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, Community Healthcare Trust presently has a consensus rating of "Hold" and an average target price of $21.00.

Community Healthcare Trust Stock Up 1.2%

Shares of CHCT traded up $0.19 during midday trading on Friday, reaching $16.60. 29,232 shares of the stock were exchanged, compared to its average volume of 223,856. Community Healthcare Trust Incorporated has a twelve month low of $14.76 and a twelve month high of $27.62. The company has a market cap of $470.41 million, a P/E ratio of -72.17, a PEG ratio of 1.28 and a beta of 0.74. The stock's 50 day simple moving average is $16.55 and its 200 day simple moving average is $18.12.

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

Community Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 11.33%. The ex-dividend date of this dividend was Friday, May 9th. This is a boost from Community Healthcare Trust's previous quarterly dividend of $0.47. Community Healthcare Trust's payout ratio is currently -606.45%.

Insider Buying and Selling at Community Healthcare Trust

In other Community Healthcare Trust news, Director Cathrine Cotman bought 3,000 shares of the firm's stock in a transaction on Wednesday, April 30th. The shares were purchased at an average price of $17.10 per share, for a total transaction of $51,300.00. Following the completion of the transaction, the director now directly owns 23,861 shares in the company, valued at approximately $408,023.10. The trade was a 14.38% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 5.10% of the company's stock.

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.