Nebula Research & Development LLC Sells 40,611 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

Nebula Research & Development LLC decreased its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 57.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,854 shares of the real estate investment trust's stock after selling 40,611 shares during the quarter. Nebula Research & Development LLC owned 0.11% of Community Healthcare Trust worth $573,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Barclays PLC boosted its holdings in shares of Community Healthcare Trust by 159.1% during the 3rd quarter. Barclays PLC now owns 42,054 shares of the real estate investment trust's stock valued at $762,000 after acquiring an additional 25,826 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Community Healthcare Trust by 1.4% in the third quarter. Geode Capital Management LLC now owns 674,517 shares of the real estate investment trust's stock valued at $12,245,000 after buying an additional 9,256 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in Community Healthcare Trust by 71.7% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,801 shares of the real estate investment trust's stock valued at $323,000 after buying an additional 7,431 shares during the last quarter. SG Americas Securities LLC boosted its position in Community Healthcare Trust by 10.5% during the 4th quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust's stock worth $207,000 after buying an additional 1,021 shares during the period. Finally, Graham Capital Wealth Management LLC boosted its position 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 buying an additional 46,217 shares during the period. Institutional investors own 87.84% of the company's stock.

Community Healthcare Trust Stock Performance

Shares of NYSE:CHCT traded up $0.17 during trading on Friday, reaching $17.03. The stock had a trading volume of 150,722 shares, compared to its average volume of 296,200. Community Healthcare Trust Incorporated has a 52 week low of $14.76 and a 52 week high of $27.62. The firm's fifty day moving average is $17.32 and its 200 day moving average is $18.35. The stock has a market cap of $482.61 million, a price-to-earnings ratio of -74.04, a P/E/G ratio of 1.28 and a beta of 0.65.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last issued its quarterly 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. The firm had revenue of $29.73 million during the quarter, compared to the consensus estimate of $29.71 million. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. On average, research analysts forecast 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 declared a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be paid a $0.47 dividend. The ex-dividend date is Friday, May 9th. This is a positive change from Community Healthcare Trust's previous quarterly dividend of $0.47. This represents a $1.88 annualized dividend and a yield of 11.04%. Community Healthcare Trust's payout ratio is -606.45%.

Insiders Place Their Bets

In other news, Director Cathrine Cotman bought 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 30th. The stock was acquired at an average cost of $17.10 per share, with a total value of $51,300.00. Following the transaction, the director now directly owns 23,861 shares of the company's stock, valued at approximately $408,023.10. This represents a 14.38 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 5.10% of the company's stock.

Analyst Upgrades and Downgrades

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

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.