Capital Square LLC Grows Stock Position in Community Healthcare Trust Incorporated (NYSE:CHCT)

Capital Square LLC increased its holdings in Community Healthcare Trust Incorporated (NYSE:CHCT) by 48.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,447 shares of the real estate investment trust’s stock after buying an additional 7,694 shares during the quarter. Capital Square LLC owned 0.08% of Community Healthcare Trust worth $471,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in CHCT. Invesco Ltd. raised 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 acquiring an additional 558,384 shares during the period. Kennedy Capital Management LLC increased its stake in shares of Community Healthcare Trust by 23.3% in the 4th quarter. Kennedy Capital Management LLC now owns 717,342 shares of the real estate investment trust’s stock worth $13,780,000 after purchasing an additional 135,462 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Community Healthcare Trust by 58.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 360,532 shares of the real estate investment trust’s stock worth $6,926,000 after purchasing an additional 133,482 shares during the period. JPMorgan Chase & Co. lifted its position in Community Healthcare Trust by 24.4% during the fourth quarter. JPMorgan Chase & Co. now owns 403,945 shares of the real estate investment trust’s stock valued at $7,760,000 after purchasing an additional 79,116 shares in the last quarter. Finally, LDR Capital Management LLC grew its holdings in Community Healthcare Trust by 135.6% during the fourth quarter. LDR Capital Management LLC now owns 81,808 shares of the real estate investment trust’s stock valued at $1,572,000 after purchasing an additional 47,088 shares during the period. 87.84% of the stock is currently owned by institutional investors.

Community Healthcare Trust Price Performance

Community Healthcare Trust stock opened at $15.81 on Thursday. Community Healthcare Trust Incorporated has a 1 year low of $14.76 and a 1 year high of $27.62. The firm’s 50 day moving average price is $18.08 and its 200-day moving average price is $18.40. The stock has a market cap of $448.04 million, a P/E ratio of -68.74, a PEG ratio of 1.28 and a beta of 0.65.

Community Healthcare Trust (NYSE:CHCT) last posted its earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01. The company had revenue of $29.30 million for the quarter, compared to the consensus estimate of $29.85 million. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. As a group, equities analysts expect that Community Healthcare Trust Incorporated will post 1.85 EPS for the current year.

Community Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were given a $0.4675 dividend. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.47. This represents a $1.87 dividend on an annualized basis and a yield of 11.83%. Community Healthcare Trust’s dividend payout ratio (DPR) is currently -813.04%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CHCT shares. StockNews.com raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Truist Financial raised their target price on shares of 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $21.25.

Community Healthcare Trust Company 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.