Two Sigma Advisers LP Has $4.31 Million Stake in Community Healthcare Trust Incorporated (NYSE:CHCT)

Two Sigma Advisers LP grew its stake in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 90.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 224,200 shares of the real estate investment trust's stock after buying an additional 106,301 shares during the quarter. Two Sigma Advisers LP owned 0.79% of Community Healthcare Trust worth $4,307,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Signaturefd LLC raised its holdings in Community Healthcare Trust by 136.1% in the fourth quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 905 shares in the last quarter. SG Americas Securities LLC raised its holdings 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 purchasing an additional 1,021 shares in the last quarter. Rhumbline Advisers lifted its position 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 worth $920,000 after purchasing an additional 1,125 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position 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 worth $383,000 after purchasing an additional 1,751 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of Community Healthcare Trust by 20.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,934 shares of the real estate investment trust's stock worth $210,000 after purchasing an additional 1,828 shares in the last quarter. 87.84% of the stock is owned by institutional investors and hedge funds.

Community Healthcare Trust Stock Up 0.8%

Shares of NYSE:CHCT traded up $0.13 during midday trading on Thursday, reaching $16.41. The company's stock had a trading volume of 57,521 shares, compared to its average volume of 225,147. The business has a 50 day moving average price of $16.59 and a 200 day moving average price of $18.14. Community Healthcare Trust Incorporated has a 1 year low of $14.76 and a 1 year high of $27.62. The firm has a market cap of $464.88 million, a price-to-earnings ratio of -71.35, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last posted 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. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. The firm had revenue of $29.73 million during the quarter, compared to the consensus estimate of $29.71 million. Sell-side analysts anticipate that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 11.46%. The ex-dividend date was Friday, May 9th. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. Community Healthcare Trust's payout ratio is currently -606.45%.

Analyst Upgrades and Downgrades

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

Insider Transactions at Community Healthcare Trust

In related news, Director Cathrine Cotman bought 3,000 shares of the business's stock in a transaction dated 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 transaction, the director now directly owns 23,861 shares of the company's stock, valued at approximately $408,023.10. This trade represents a 14.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 5.10% of the company's stock.

Community Healthcare Trust 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.