Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in Community Healthcare Trust Incorporated (NYSE:CHCT) by 6.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,770 shares of the real estate investment trust’s stock after acquiring an additional 618 shares during the quarter. SG Americas Securities LLC’s holdings in Community Healthcare Trust were worth $177,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. acquired a new position in shares of Community Healthcare Trust in the 2nd quarter valued at about $243,000. Systematic Financial Management LP lifted its holdings in Community Healthcare Trust by 8.0% in the second quarter. Systematic Financial Management LP now owns 749,243 shares of the real estate investment trust’s stock worth $17,525,000 after acquiring an additional 55,558 shares during the last quarter. Creative Planning acquired a new position in Community Healthcare Trust in the second quarter valued at approximately $306,000. Algert Global LLC boosted its stake in Community Healthcare Trust by 131.6% in the second quarter. Algert Global LLC now owns 17,883 shares of the real estate investment trust’s stock valued at $418,000 after acquiring an additional 10,160 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Community Healthcare Trust by 65.5% during the second quarter. The Manufacturers Life Insurance Company now owns 17,582 shares of the real estate investment trust’s stock valued at $411,000 after purchasing an additional 6,957 shares during the last quarter. 87.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CHCT has been the topic of a number of analyst reports. Truist Financial dropped their price objective on shares of Community Healthcare Trust from $30.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, August 30th. Evercore ISI upgraded shares of Community Healthcare Trust from an “underperform” rating to an “inline” rating and dropped their price target for the company from $21.00 to $18.00 in a research note on Monday, September 16th. StockNews.com downgraded Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 20th. Piper Sandler lowered their target price on Community Healthcare Trust from $21.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, September 9th. Finally, Robert W. Baird cut their target price on Community Healthcare Trust from $29.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $20.75.

Insider Buying and Selling

In other Community Healthcare Trust news, Director Robert Z. Hensley purchased 6,500 shares of the stock in a transaction dated Monday, August 5th. The shares were acquired at an average price of $19.50 per share, for a total transaction of $126,750.00. Following the completion of the acquisition, the director now owns 70,670 shares of the company’s stock, valued at $1,378,065. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Community Healthcare Trust news, CEO David H. Dupuy bought 10,000 shares of the firm’s stock in a transaction on Monday, August 5th. The stock was bought at an average cost of $19.48 per share, with a total value of $194,800.00. Following the completion of the transaction, the chief executive officer now directly owns 363,565 shares of the company’s stock, valued at approximately $7,082,246.20. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert Z. Hensley acquired 6,500 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average price of $19.50 per share, with a total value of $126,750.00. Following the completion of the acquisition, the director now directly owns 70,670 shares of the company’s stock, valued at $1,378,065. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 4.00% of the company’s stock.

Community Healthcare Trust Stock Down 1.1 %

Shares of Community Healthcare Trust stock opened at $16.93 on Thursday. Community Healthcare Trust Incorporated has a 12-month low of $15.06 and a 12-month high of $29.16. The firm has a market capitalization of $468.98 million, a PE ratio of 26.45, a price-to-earnings-growth ratio of 1.13 and a beta of 0.69. The stock’s fifty day moving average is $17.54 and its 200-day moving average is $21.60.

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.