Community Healthcare Trust Incorporated $CHCT Stock Position Raised by Systematic Financial Management LP

Systematic Financial Management LP lifted its stake in Community Healthcare Trust Incorporated (NYSE:CHCT) by 3.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,123,736 shares of the real estate investment trust’s stock after acquiring an additional 38,532 shares during the period. Systematic Financial Management LP owned 3.95% of Community Healthcare Trust worth $18,452,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Albert D Mason Inc. raised its stake in shares of Community Healthcare Trust by 2.7% in the 4th quarter. Albert D Mason Inc. now owns 25,893 shares of the real estate investment trust’s stock valued at $425,000 after acquiring an additional 671 shares in the last quarter. M&G PLC raised its stake in shares of Community Healthcare Trust by 8.2% in the 3rd quarter. M&G PLC now owns 11,950 shares of the real estate investment trust’s stock valued at $179,000 after acquiring an additional 906 shares in the last quarter. Davis Selected Advisers raised its stake in shares of Community Healthcare Trust by 0.3% in the 3rd quarter. Davis Selected Advisers now owns 333,190 shares of the real estate investment trust’s stock valued at $5,098,000 after acquiring an additional 910 shares in the last quarter. Versor Investments LP raised its stake in shares of Community Healthcare Trust by 7.9% in the 4th quarter. Versor Investments LP now owns 12,800 shares of the real estate investment trust’s stock valued at $210,000 after acquiring an additional 935 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. raised its stake in shares of Community Healthcare Trust by 11.3% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 11,112 shares of the real estate investment trust’s stock valued at $167,000 after acquiring an additional 1,130 shares in the last quarter. 87.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CHCT shares. Wall Street Zen downgraded Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial cut their price objective on Community Healthcare Trust from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Zacks Research downgraded Community Healthcare Trust from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Piper Sandler raised their price objective on Community Healthcare Trust from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Community Healthcare Trust in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $18.00.

Community Healthcare Trust Stock Down 1.9%

CHCT opened at $17.38 on Friday. The firm has a market capitalization of $496.66 million, a P/E ratio of 158.05 and a beta of 0.73. The stock’s 50 day moving average price is $16.82 and its two-hundred day moving average price is $16.47. Community Healthcare Trust Incorporated has a 12-month low of $13.23 and a 12-month high of $18.22.

Community Healthcare Trust (NYSE:CHCT) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). The business 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%. As a group, analysts anticipate that Community Healthcare Trust Incorporated will post 1.86 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were issued a $0.48 dividend. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.92 dividend on an annualized basis and a yield of 11.0%. Community Healthcare Trust’s payout ratio is 1,745.45%.

Community Healthcare Trust Company 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.