Community Healthcare Trust Incorporated (NYSE:CHCT) Stock Position Decreased by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC trimmed its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 61.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 54,210 shares of the real estate investment trust’s stock after selling 85,000 shares during the period. Bridgeway Capital Management LLC’s holdings in Community Healthcare Trust were worth $1,041,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of Community Healthcare Trust by 136.1% during the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 905 shares in the last quarter. Quarry LP acquired a new stake in Community Healthcare Trust in the 4th quarter worth approximately $88,000. KLP Kapitalforvaltning AS bought a new stake in Community Healthcare Trust during the fourth quarter worth approximately $108,000. Resona Asset Management Co. Ltd. bought a new stake in Community Healthcare Trust during the fourth quarter worth approximately $186,000. Finally, SG Americas Securities LLC grew its holdings in Community Healthcare Trust by 10.5% during the fourth quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 1,021 shares during the last quarter. Institutional investors own 87.84% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Community Healthcare Trust presently has an average rating of “Hold” and a consensus price target of $21.25.

Insider Activity at Community Healthcare Trust

In other Community Healthcare Trust news, Director Cathrine Cotman purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, April 30th. The shares were purchased at an average price of $17.10 per share, for a total transaction of $51,300.00. Following the completion of the purchase, the director now directly owns 23,861 shares of the company’s stock, valued at approximately $408,023.10. This represents a 14.38 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.10% of the company’s stock.

Community Healthcare Trust Stock Down 4.1 %

Shares of NYSE CHCT opened at $16.09 on Friday. Community Healthcare Trust Incorporated has a 12 month low of $14.76 and a 12 month high of $27.62. The company has a market cap of $455.96 million, a P/E ratio of -69.96, a P/E/G ratio of 1.28 and a beta of 0.74. The business’s 50 day moving average is $17.15 and its two-hundred day moving average is $18.32.

Community Healthcare Trust (NYSE:CHCT) last announced its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. The business had revenue of $29.73 million for the quarter, compared to analyst estimates of $29.71 million. Sell-side analysts expect that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be given a dividend of $0.47 per share. The ex-dividend date is Friday, May 9th. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.47. This represents a $1.88 dividend on an annualized basis and a yield of 11.68%. Community Healthcare Trust’s dividend payout ratio (DPR) is -606.45%.

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.