Community Healthcare Trust Incorporated (NYSE:CHCT) Shares Purchased by Barclays PLC

Barclays PLC raised its stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 159.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,054 shares of the real estate investment trust’s stock after purchasing an additional 25,826 shares during the period. Barclays PLC owned 0.15% of Community Healthcare Trust worth $762,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC increased its position in shares of Community Healthcare Trust by 1,395.6% in the third quarter. Jane Street Group LLC now owns 492,063 shares of the real estate investment trust’s stock worth $8,931,000 after acquiring an additional 459,163 shares in the last quarter. Phocas Financial Corp. acquired a new stake in shares of Community Healthcare Trust in the third quarter worth $3,689,000. Systematic Financial Management LP increased its position in shares of Community Healthcare Trust by 25.0% in the third quarter. Systematic Financial Management LP now owns 936,753 shares of the real estate investment trust’s stock worth $17,002,000 after acquiring an additional 187,510 shares in the last quarter. Graham Capital Wealth Management LLC acquired a new stake in shares of Community Healthcare Trust in the third quarter worth $2,650,000. Finally, Algert Global LLC increased its position in shares of Community Healthcare Trust by 534.3% in the third quarter. Algert Global LLC now owns 113,440 shares of the real estate investment trust’s stock worth $2,059,000 after acquiring an additional 95,557 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

Community Healthcare Trust Trading Up 0.4 %

CHCT opened at $19.35 on Thursday. The company has a fifty day simple moving average of $18.69 and a 200 day simple moving average of $19.28. The firm has a market cap of $546.48 million, a price-to-earnings ratio of -215.00, a PEG ratio of 1.24 and a beta of 0.68. Community Healthcare Trust Incorporated has a twelve month low of $15.06 and a twelve month high of $28.10.

Community Healthcare Trust (NYSE:CHCT) last released its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.39). Community Healthcare Trust had a negative net margin of 0.39% and a negative return on equity of 0.09%. The firm had revenue of $29.64 million for the quarter, compared to analyst estimates of $29.06 million. During the same period in the previous year, the business posted $0.63 earnings per share. On average, analysts forecast that Community Healthcare Trust Incorporated will post 1.84 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a dividend of $0.465 per share. This represents a $1.86 dividend on an annualized basis and a yield of 9.61%. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.42. The ex-dividend date was Friday, November 8th. Community Healthcare Trust’s dividend payout ratio is -2,066.67%.

Analysts Set New Price Targets

CHCT has been the subject of several recent research reports. Piper Sandler increased their price objective on shares of Community Healthcare Trust from $18.00 to $19.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. StockNews.com lowered shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Truist Financial raised their price target on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $21.25.

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.