Systematic Financial Management LP Has $18.45 Million Holdings in Community Healthcare Trust Incorporated $CHCT

Systematic Financial Management LP lifted its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,123,736 shares of the real estate investment trust’s stock after purchasing an additional 38,532 shares during the quarter. Systematic Financial Management LP’s holdings in Community Healthcare Trust were worth $18,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Community Healthcare Trust by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 2,804,298 shares of the real estate investment trust’s stock worth $42,906,000 after purchasing an additional 67,241 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Community Healthcare Trust by 38.9% during the 3rd quarter. Invesco Ltd. now owns 1,060,213 shares of the real estate investment trust’s stock worth $16,221,000 after purchasing an additional 297,179 shares in the last quarter. Kennedy Capital Management LLC grew its holdings in shares of Community Healthcare Trust by 66.0% during the 3rd quarter. Kennedy Capital Management LLC now owns 806,461 shares of the real estate investment trust’s stock worth $12,339,000 after purchasing an additional 320,546 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Community Healthcare Trust by 0.7% during the 3rd quarter. Focus Partners Wealth now owns 743,324 shares of the real estate investment trust’s stock worth $11,373,000 after purchasing an additional 5,000 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Community Healthcare Trust by 5.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 716,415 shares of the real estate investment trust’s stock worth $11,914,000 after purchasing an additional 35,063 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

Community Healthcare Trust Price Performance

Shares of CHCT stock opened at $17.38 on Friday. The stock’s fifty day simple moving average is $16.82 and its 200 day simple moving average is $16.47. The firm has a market cap of $496.66 million, a price-to-earnings ratio of 158.05 and a beta of 0.73. Community Healthcare Trust Incorporated has a one year low of $13.23 and a one year high of $18.22.

Community Healthcare Trust (NYSE:CHCT) last announced its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.03). The company had revenue of $31.52 million during the quarter, compared to analyst estimates of $31.03 million. Community Healthcare Trust had a net margin of 4.94% and a return on equity of 1.41%. On average, research analysts anticipate that Community Healthcare Trust Incorporated will post 1.86 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.92 annualized dividend and a yield of 11.0%. This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.48. Community Healthcare Trust’s payout ratio is presently 1,745.45%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CHCT shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Community Healthcare Trust in a report on Monday, May 18th. Truist Financial decreased their price objective on Community Healthcare Trust from $20.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Evercore set a $17.00 price objective on Community Healthcare Trust in a report on Thursday, February 19th. Piper Sandler lifted their price objective on Community Healthcare Trust from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Finally, Wall Street Zen lowered Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Community Healthcare Trust has a consensus rating of “Hold” and an average price target of $18.00.

Community Healthcare Trust Profile

Community Healthcare Trust Incorporated (NYSE:CHCT) is a real estate investment trust that specializes in owning and leasing healthcare-related properties. The company’s portfolio is focused primarily on senior housing and care facilities, including skilled nursing centers, assisted living communities, memory care units, independent living apartments and continuing care retirement communities. Through long‐term, triple‐net leases, Community Healthcare Trust seeks stable, predictable cash flows by partnering with experienced operators that manage day-to-day resident care and property operations.

As of the latest reporting, Community Healthcare Trust’s holdings span multiple regions across the United States, with properties located in both urban and suburban markets.