Russell Investments Group Ltd. Raises Stake in Community Healthcare Trust Incorporated (NYSE:CHCT)

Russell Investments Group Ltd. raised its position in Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,453 shares of the real estate investment trust's stock after buying an additional 18,754 shares during the quarter. Russell Investments Group Ltd. owned about 0.80% of Community Healthcare Trust worth $4,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CHCT. Signaturefd LLC grew its position 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 during the last quarter. SG Americas Securities LLC grew its holdings in shares of 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 valued at $207,000 after purchasing an additional 1,021 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in Community Healthcare Trust by 3.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 35,739 shares of the real estate investment trust's stock worth $649,000 after purchasing an additional 1,082 shares in the last quarter. Rhumbline Advisers lifted its stake in Community Healthcare Trust by 2.4% in the 4th quarter. Rhumbline Advisers now owns 47,909 shares of the real estate investment trust's stock valued at $920,000 after purchasing an additional 1,125 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Community Healthcare Trust by 20.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 10,934 shares of the real estate investment trust's stock valued at $210,000 after buying an additional 1,828 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Community Healthcare Trust Stock Down 0.1 %

CHCT stock traded down $0.01 during midday trading on Monday, reaching $15.99. 225,135 shares of the company's stock traded hands, compared to its average volume of 296,104. The firm's fifty day moving average price is $17.84 and its 200-day moving average price is $18.38. Community Healthcare Trust Incorporated has a 52 week low of $14.76 and a 52 week high of $27.62. The company has a market cap of $453.14 million, a price-to-earnings ratio of -69.52, a P/E/G ratio of 1.28 and a beta of 0.65.

Community Healthcare Trust (NYSE:CHCT - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.01. The business had revenue of $29.30 million for the quarter, compared to analysts' expectations of $29.85 million. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. Analysts forecast that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a dividend of $0.4675 per share. The ex-dividend date was Monday, February 24th. This represents a $1.87 annualized dividend and a yield of 11.69%. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.47. Community Healthcare Trust's dividend payout ratio is -813.04%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised 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 assigned a buy rating to the stock. According to data from MarketBeat, Community Healthcare Trust currently has an average rating of "Hold" and a consensus price target of $21.25.

About Community Healthcare Trust

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.