Barclays PLC Buys 4,926 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

Barclays PLC raised its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 11.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,980 shares of the real estate investment trust’s stock after acquiring an additional 4,926 shares during the period. Barclays PLC owned approximately 0.17% of Community Healthcare Trust worth $902,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Invesco Ltd. grew its holdings in Community Healthcare Trust by 1,232.9% during the 4th quarter. Invesco Ltd. now owns 603,674 shares of the real estate investment trust’s stock valued at $11,597,000 after purchasing an additional 558,384 shares during the last quarter. Kennedy Capital Management LLC boosted its position in shares of Community Healthcare Trust by 23.3% during the fourth quarter. Kennedy Capital Management LLC now owns 717,342 shares of the real estate investment trust’s stock valued at $13,780,000 after buying an additional 135,462 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Community Healthcare Trust by 58.8% during the fourth 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 buying an additional 133,482 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Community Healthcare Trust by 24.4% in 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 during the period. Finally, LDR Capital Management LLC lifted 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 during the last quarter. Institutional investors own 87.84% of the company’s stock.

Community Healthcare Trust Stock Performance

Shares of NYSE CHCT opened at $17.08 on Tuesday. Community Healthcare Trust Incorporated has a 52-week low of $14.76 and a 52-week high of $27.62. The firm has a market capitalization of $484.06 million, a price-to-earnings ratio of -74.27, a PEG ratio of 1.28 and a beta of 0.65. The stock has a 50 day moving average price of $17.29 and a 200 day moving average price of $18.34.

Community Healthcare Trust (NYSE:CHCT) last issued its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. The business had revenue of $29.73 million during the quarter, compared to analysts’ expectations of $29.71 million. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. Analysts forecast that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current 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 issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 11.01%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Friday, May 9th. Community Healthcare Trust’s dividend payout ratio is presently -606.45%.

Analysts Set New Price Targets

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 company’s stock. Based on data from MarketBeat.com, the company presently has an average 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.

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.