12,075 Shares in Community Healthcare Trust Incorporated (NYSE:CHCT) Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,075 shares of the real estate investment trust’s stock, valued at approximately $232,000.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of Community Healthcare Trust by 1,395.6% during the 3rd 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 during the last quarter. Systematic Financial Management LP increased its holdings 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 valued at $17,002,000 after purchasing an additional 187,510 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Community Healthcare Trust by 58.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 360,532 shares of the real estate investment trust’s stock valued at $6,926,000 after purchasing an additional 133,482 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Community Healthcare Trust by 24.4% in 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 during the period. Finally, Y Intercept Hong Kong Ltd lifted its stake in shares of Community Healthcare Trust by 400.4% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 77,631 shares of the real estate investment trust’s stock worth $1,409,000 after buying an additional 62,116 shares during the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on CHCT shares. StockNews.com raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 8th. Truist Financial upped their price objective on Community Healthcare Trust from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $21.25.

Community Healthcare Trust Trading Down 1.1 %

NYSE CHCT opened at $18.09 on Thursday. The company has a market cap of $512.65 million, a price-to-earnings ratio of -78.65, a PEG ratio of 1.28 and a beta of 0.75. Community Healthcare Trust Incorporated has a 1-year low of $15.06 and a 1-year high of $27.62. The company has a 50 day moving average of $19.01 and a 200-day moving average of $18.51.

Community Healthcare Trust (NYSE:CHCT) last released its earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The firm had revenue of $29.30 million during 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%. On average, equities research analysts forecast that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were given a $0.4675 dividend. The ex-dividend date was Monday, February 24th. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.47. This represents a $1.87 annualized dividend and a dividend yield of 10.34%. Community Healthcare Trust’s payout ratio is presently -813.04%.

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.