Community Healthcare Trust Incorporated (NYSE:CHCT) Stock Position Cut by Marshall Wace LLP

Marshall Wace LLP lessened its holdings in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 43.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,170 shares of the real estate investment trust's stock after selling 26,269 shares during the period. Marshall Wace LLP owned approximately 0.12% of Community Healthcare Trust worth $656,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Invesco Ltd. boosted its holdings in shares of Community Healthcare Trust by 1,232.9% in the 4th quarter. Invesco Ltd. now owns 603,674 shares of the real estate investment trust's stock valued at $11,597,000 after buying an additional 558,384 shares in the last quarter. Kennedy Capital Management LLC raised its stake in shares of Community Healthcare Trust by 23.3% during the 4th 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Community Healthcare Trust by 58.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 360,532 shares of the real estate investment trust's stock worth $6,926,000 after purchasing an additional 133,482 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Community Healthcare Trust by 24.4% during the fourth quarter. JPMorgan Chase & Co. now owns 403,945 shares of the real estate investment trust's stock worth $7,760,000 after buying an additional 79,116 shares in the last quarter. Finally, LDR Capital Management LLC boosted its stake in shares of Community Healthcare Trust by 135.6% during the 4th quarter. LDR Capital Management LLC now owns 81,808 shares of the real estate investment trust's stock worth $1,572,000 after acquiring an additional 47,088 shares in the last quarter. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Community Healthcare Trust from a "sell" rating to a "hold" rating in a report on Saturday, February 8th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $21.25.

Insider Buying and Selling

In related news, Director Cathrine Cotman acquired 3,000 shares of Community Healthcare Trust stock in a transaction 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 purchase, the director now directly owns 23,861 shares of the company's stock, valued at $408,023.10. The trade was a 14.38 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 5.10% of the company's stock.

Community Healthcare Trust Stock Up 1.0 %

Shares of CHCT stock traded up $0.17 on Wednesday, reaching $17.17. 23,660 shares of the stock were exchanged, compared to its average volume of 294,598. The stock has a market cap of $486.56 million, a P/E ratio of -74.66, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74. The firm has a 50 day moving average of $17.26 and a two-hundred day moving average of $18.33. Community Healthcare Trust Incorporated has a 1-year low of $14.76 and a 1-year high of $27.62.

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, beating the consensus estimate 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, equities research analysts predict that Community Healthcare Trust Incorporated will post 1.85 EPS for the current fiscal year.

Community Healthcare Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be paid a dividend of $0.47 per share. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.88 annualized dividend and a yield of 10.95%. Community Healthcare Trust's payout ratio is -606.45%.

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.