Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Acquired by Systematic Financial Management LP

Systematic Financial Management LP boosted its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT - Free Report) by 10.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,035,836 shares of the real estate investment trust's stock after purchasing an additional 99,083 shares during the quarter. Systematic Financial Management LP owned about 3.67% of Community Healthcare Trust worth $19,898,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Invesco Ltd. lifted its position in Community Healthcare Trust by 1,232.9% in the fourth quarter. Invesco Ltd. now owns 603,674 shares of the real estate investment trust's stock worth $11,597,000 after buying an additional 558,384 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Community Healthcare Trust by 285.4% in the 4th quarter. Focus Partners Wealth now owns 744,671 shares of the real estate investment trust's stock worth $14,305,000 after acquiring an additional 551,445 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in shares of Community Healthcare Trust by 132.8% during the 4th quarter. Nuveen Asset Management LLC now owns 670,215 shares of the real estate investment trust's stock worth $12,875,000 after purchasing an additional 382,324 shares during the period. Kennedy Capital Management LLC grew its holdings in 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 valued at $13,780,000 after purchasing an additional 135,462 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in 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 valued at $6,926,000 after purchasing an additional 133,482 shares during the last quarter. Hedge funds and other institutional investors own 87.84% of the company's stock.

Community Healthcare Trust Trading Down 1.0%

Shares of Community Healthcare Trust stock traded down $0.16 on Tuesday, hitting $16.59. 98,349 shares of the company traded hands, compared to its average volume of 297,752. The company has a market cap of $470.13 million, a PE ratio of -72.13, a PEG ratio of 1.28 and a beta of 0.74. The stock's 50 day moving average price is $16.87 and its 200-day moving average price is $18.25. Community Healthcare Trust Incorporated has a 52 week low of $14.76 and a 52 week high of $27.62.

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, topping analysts' consensus estimates of $0.53 by $0.02. The business had revenue of $29.73 million for 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%. As a group, research analysts anticipate that Community Healthcare Trust Incorporated will post 1.85 EPS for the current fiscal year.

Community Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be given 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 is Friday, May 9th. This represents a $1.88 dividend on an annualized basis and a yield of 11.33%. Community Healthcare Trust's dividend payout ratio (DPR) is -606.45%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Community Healthcare Trust from a "sell" rating to a "hold" rating in a research 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 stock. According to data from MarketBeat.com, Community Healthcare Trust has a consensus rating of "Hold" and a consensus target price of $21.25.

Insider Activity

In other Community Healthcare Trust 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 bought at an average cost of $17.10 per share, with a total value of $51,300.00. Following the completion of the acquisition, the director now directly owns 23,861 shares in the company, valued at $408,023.10. This represents a 14.38% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.