Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 6.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 232,819 shares of the real estate investment trust’s stock after buying an additional 14,972 shares during the quarter. Sei Investments Co. owned about 0.82% of Community Healthcare Trust worth $4,472,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Community Healthcare Trust by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 227,050 shares of the real estate investment trust’s stock valued at $4,121,000 after acquiring an additional 10,824 shares during the period. The Manufacturers Life Insurance Company increased its position in Community Healthcare Trust by 5.9% during the third quarter. The Manufacturers Life Insurance Company now owns 18,623 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 1,041 shares during the last quarter. BNP Paribas Financial Markets grew its position in Community Healthcare Trust by 257.8% during the third quarter. BNP Paribas Financial Markets now owns 24,226 shares of the real estate investment trust’s stock valued at $440,000 after acquiring an additional 17,455 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Community Healthcare Trust by 39.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,665 shares of the real estate investment trust’s stock valued at $811,000 after acquiring an additional 12,681 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Community Healthcare Trust in the third quarter valued at approximately $851,000. Hedge funds and other institutional investors own 87.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CHCT shares. StockNews.com upgraded Community Healthcare Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 8th. Truist Financial raised their price objective on Community Healthcare Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $21.25.

Community Healthcare Trust Trading Down 1.1 %

Shares of NYSE:CHCT opened at $18.09 on Thursday. Community Healthcare Trust Incorporated has a 1-year low of $15.06 and a 1-year high of $27.62. The firm has a market capitalization of $512.65 million, a PE ratio of -78.65, a PEG ratio of 1.28 and a beta of 0.75. The business’s 50 day moving average is $19.01 and its 200-day moving average is $18.51.

Community Healthcare Trust (NYSE:CHCT) last issued its quarterly earnings data on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.01. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. The firm had revenue of $29.30 million during the quarter, compared to the consensus estimate of $29.85 million. On average, sell-side analysts predict that Community Healthcare Trust Incorporated will post 1.85 EPS for the current year.

Community Healthcare Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were given a dividend of $0.4675 per share. This represents a $1.87 dividend on an annualized basis and a dividend yield of 10.34%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.47. The ex-dividend date was Monday, February 24th. Community Healthcare Trust’s dividend payout ratio (DPR) is currently -813.04%.

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.