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Community Healthcare Trust Incorporated (NYSE:CHCT) Holdings Increased by Two Sigma Investments LP

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Two Sigma Investments LP grew its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 31.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 291,843 shares of the real estate investment trust's stock after buying an additional 68,996 shares during the quarter. Two Sigma Investments LP owned 1.03% of Community Healthcare Trust worth $5,606,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Systematic Financial Management LP grew its stake in Community Healthcare Trust by 10.6% during the fourth quarter. Systematic Financial Management LP now owns 1,035,836 shares of the real estate investment trust's stock worth $19,898,000 after buying an additional 99,083 shares during the period. Focus Partners Wealth grew its stake in Community Healthcare Trust by 285.4% during the fourth quarter. Focus Partners Wealth now owns 744,671 shares of the real estate investment trust's stock worth $14,305,000 after buying an additional 551,445 shares during the period. Kennedy Capital Management LLC grew its stake in Community Healthcare Trust by 23.3% during the fourth quarter. Kennedy Capital Management LLC now owns 717,342 shares of the real estate investment trust's stock worth $13,780,000 after buying an additional 135,462 shares during the period. Geode Capital Management LLC grew its stake in Community Healthcare Trust by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 678,505 shares of the real estate investment trust's stock worth $13,037,000 after buying an additional 3,988 shares during the period. Finally, Nuveen Asset Management LLC grew its stake in Community Healthcare Trust by 132.8% during the fourth quarter. Nuveen Asset Management LLC now owns 670,215 shares of the real estate investment trust's stock worth $12,875,000 after buying an additional 382,324 shares during the period. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on CHCT shares. Piper Sandler decreased their target price 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. 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 equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $21.00.

Get Our Latest Report on CHCT

Insiders Place Their Bets

In other 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 purchased at an average cost of $17.10 per share, for a total transaction of $51,300.00. Following the transaction, the director now directly owns 23,861 shares in the company, valued at $408,023.10. This trade represents a 14.38% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.10% of the stock is owned by corporate insiders.

Community Healthcare Trust Stock Performance

Shares of CHCT stock traded up $0.13 on Thursday, hitting $16.41. The stock had a trading volume of 118,308 shares, compared to its average volume of 297,804. Community Healthcare Trust Incorporated has a 52-week low of $14.76 and a 52-week high of $27.62. The firm has a market capitalization of $465.03 million, a price-to-earnings ratio of -71.35, a P/E/G ratio of 1.28 and a beta of 0.74. The stock's 50 day moving average is $16.59 and its 200-day moving average is $18.14.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.55 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 the consensus estimate of $29.71 million. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. Equities analysts expect 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 issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 11.46%. 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

(Free Report)

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.

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Institutional Ownership by Quarter for Community Healthcare Trust (NYSE:CHCT)

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