Anchor Capital Advisors LLC Has $1.55 Million Holdings in Community Healthcare Trust Incorporated (NYSE:CHCT)

Anchor Capital Advisors LLC lifted its stake in Community Healthcare Trust Incorporated (NYSE:CHCT) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,457 shares of the real estate investment trust’s stock after acquiring an additional 2,762 shares during the period. Anchor Capital Advisors LLC owned approximately 0.28% of Community Healthcare Trust worth $1,546,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Systematic Financial Management LP grew its position in Community Healthcare Trust by 25.0% in the 3rd quarter. Systematic Financial Management LP now owns 936,753 shares of the real estate investment trust’s stock worth $17,002,000 after purchasing an additional 187,510 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Community Healthcare Trust by 1.4% in the third quarter. Geode Capital Management LLC now owns 674,517 shares of the real estate investment trust’s stock valued at $12,245,000 after buying an additional 9,256 shares during the period. Jane Street Group LLC grew its position in Community Healthcare Trust by 1,395.6% during the third quarter. Jane Street Group LLC now owns 492,063 shares of the real estate investment trust’s stock worth $8,931,000 after buying an additional 459,163 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Community Healthcare Trust by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 227,050 shares of the real estate investment trust’s stock valued at $4,121,000 after acquiring an additional 10,824 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its stake in Community Healthcare Trust by 18.8% during the third quarter. State of New Jersey Common Pension Fund D now owns 223,052 shares of the real estate investment trust’s stock valued at $4,048,000 after acquiring an additional 35,352 shares during the period. Institutional investors own 87.84% of the company’s stock.

Community Healthcare Trust Trading Up 0.2 %

Shares of NYSE CHCT opened at $18.74 on Friday. Community Healthcare Trust Incorporated has a 1-year low of $15.06 and a 1-year high of $27.73. The company has a 50-day moving average of $19.33 and a two-hundred day moving average of $18.46. The company has a market cap of $530.96 million, a PE ratio of -81.46, a P/E/G ratio of 1.28 and a beta of 0.69.

Community Healthcare Trust (NYSE:CHCT) last posted its quarterly earnings data on Tuesday, February 18th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.01. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. The firm had revenue of $29.30 million during the quarter, compared to analysts’ expectations of $29.85 million. As a group, 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 declared a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th will be paid a dividend of $0.4675 per share. This represents a $1.87 annualized dividend and a dividend yield of 9.98%. The ex-dividend date is Monday, February 24th. This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.47. Community Healthcare Trust’s dividend payout ratio is -813.04%.

Analyst Ratings Changes

CHCT has been the subject of several research reports. StockNews.com raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 8th. Truist Financial raised their price objective on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $21.25.

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.