31,073 Shares in CareTrust REIT, Inc. $CTRE Acquired by De Lisle Partners LLP

De Lisle Partners LLP purchased a new stake in CareTrust REIT, Inc. (NYSE:CTRE) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 31,073 shares of the company’s stock, valued at approximately $1,254,000.

Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in shares of CareTrust REIT by 7.5% in the fourth quarter. Principal Financial Group Inc. now owns 1,328,660 shares of the company’s stock valued at $48,044,000 after purchasing an additional 93,101 shares in the last quarter. Jennison Associates LLC bought a new position in shares of CareTrust REIT in the fourth quarter valued at approximately $1,156,000. M&T Bank Corp acquired a new stake in CareTrust REIT during the 4th quarter valued at $894,000. Vanguard Group Inc. increased its holdings in CareTrust REIT by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 33,184,181 shares of the company’s stock valued at $1,199,940,000 after purchasing an additional 210,965 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of CareTrust REIT by 18.2% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 450,594 shares of the company’s stock valued at $16,293,000 after buying an additional 69,429 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

CareTrust REIT Stock Performance

Shares of CTRE opened at $39.71 on Friday. CareTrust REIT, Inc. has a one year low of $32.79 and a one year high of $43.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.57 and a quick ratio of 0.57. The company has a market cap of $9.38 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 1.56 and a beta of 0.75. The firm has a 50-day moving average of $40.44 and a 200-day moving average of $39.70.

CareTrust REIT (NYSE:CTRE) last released its quarterly earnings data 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, equities analysts forecast that CareTrust REIT, Inc. will post 2.05 earnings per share for the current year.

CareTrust REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, June 30th. CareTrust REIT’s dividend payout ratio is currently 98.11%.

Analysts Set New Price Targets

CTRE has been the topic of several research reports. Weiss Ratings downgraded CareTrust REIT from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday. Raymond James Financial began coverage on shares of CareTrust REIT in a research note on Tuesday, June 16th. They set an “outperform” rating and a $43.00 price objective on the stock. Mizuho set a $45.00 target price on CareTrust REIT in a research note on Friday, May 22nd. BMO Capital Markets increased their price objective on shares of CareTrust REIT from $46.00 to $47.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Finally, Royal Bank Of Canada lowered CareTrust REIT from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from $44.00 to $43.00 in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.