Susquehanna International Group LLP Has $9.60 Million Holdings in CareTrust REIT, Inc. $CTRE

Susquehanna International Group LLP lessened its stake in CareTrust REIT, Inc. (NYSE:CTRE) by 64.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 237,865 shares of the company’s stock after selling 433,090 shares during the quarter. Susquehanna International Group LLP owned about 0.10% of CareTrust REIT worth $9,598,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CTRE. Kemnay Advisory Services Inc. bought a new stake in shares of CareTrust REIT in the 4th quarter valued at about $27,000. Persistent Asset Partners Ltd bought a new position in CareTrust REIT during the 2nd quarter worth approximately $31,000. Transamerica Financial Advisors LLC boosted its stake in CareTrust REIT by 520.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 868 shares of the company’s stock worth $32,000 after acquiring an additional 728 shares during the last quarter. Compass Financial Management LLC acquired a new position in CareTrust REIT during the second quarter valued at approximately $34,000. Finally, EverSource Wealth Advisors LLC increased its stake in CareTrust REIT by 134.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the company’s stock valued at $34,000 after purchasing an additional 644 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

CareTrust REIT Trading Down 0.0%

CTRE opened at $39.02 on Monday. The stock has a market capitalization of $9.22 billion, a P/E ratio of 24.54, a P/E/G ratio of 1.54 and a beta of 0.75. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.27. CareTrust REIT, Inc. has a 12 month low of $32.79 and a 12 month high of $43.62. The firm’s fifty day simple moving average is $40.71 and its 200 day simple moving average is $39.78.

CareTrust REIT (NYSE:CTRE) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51. The firm had revenue of $161.35 million for the quarter. CareTrust REIT had a return on equity of 8.52% and a net margin of 62.19%.CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. As a group, research analysts anticipate that CareTrust REIT, Inc. will post 2.05 EPS for the current fiscal year.

CareTrust REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.39 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.0%. CareTrust REIT’s dividend payout ratio (DPR) is 98.11%.

Wall Street Analyst Weigh In

CTRE has been the topic of a number of recent analyst reports. Mizuho set a $45.00 price target on shares of CareTrust REIT in a research report on Friday, May 22nd. Raymond James Financial initiated coverage on shares of CareTrust REIT in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $43.00 price objective for the company. BMO Capital Markets raised their price objective on CareTrust REIT from $46.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Cantor Fitzgerald boosted their target price on CareTrust REIT from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Finally, Zacks Research upgraded CareTrust REIT from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, CareTrust REIT currently has an average rating of “Moderate Buy” and a consensus price target of $44.82.

About CareTrust REIT

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.