WealthShield Partners LLC Acquires Shares of 46,771 CareTrust REIT, Inc. $CTRE

WealthShield Partners LLC bought a new stake in CareTrust REIT, Inc. (NYSE:CTRE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 46,771 shares of the company’s stock, valued at approximately $1,905,000.

Several other institutional investors have also recently made changes to their positions in CTRE. Kemnay Advisory Services Inc. bought a new position in CareTrust REIT during the 4th quarter valued at about $27,000. Persistent Asset Partners Ltd bought a new stake in CareTrust REIT in the second quarter worth about $31,000. Transamerica Financial Advisors LLC lifted its stake in CareTrust REIT by 520.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 868 shares of the company’s stock worth $32,000 after purchasing an additional 728 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new position in shares of CareTrust REIT during the fourth quarter valued at approximately $40,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of CareTrust REIT by 134.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the company’s stock valued at $34,000 after buying an additional 644 shares during the period. Institutional investors own 87.77% of the company’s stock.

CareTrust REIT Stock Down 0.1%

Shares of NYSE:CTRE opened at $39.71 on Friday. CareTrust REIT, Inc. has a 52-week low of $32.79 and a 52-week high of $43.62. The stock has a market cap of $9.38 billion, a P/E ratio of 24.97, a price-to-earnings-growth ratio of 1.56 and a beta of 0.75. The business’s 50 day moving average is $40.44 and its 200 day moving average is $39.70. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.27.

CareTrust REIT (NYSE:CTRE) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.51 EPS for the quarter, hitting the consensus estimate of $0.51. The company 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. Sell-side analysts predict that CareTrust REIT, Inc. will post 2.05 EPS for the current year.

CareTrust REIT Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have recently commented on CTRE shares. Royal Bank Of Canada cut CareTrust REIT from an “outperform” rating to a “sector perform” rating and cut their target price for the company from $44.00 to $43.00 in a research note on Friday, August 14th. Citigroup restated a “market outperform” rating on shares of CareTrust REIT in a report on Wednesday, June 10th. KeyCorp reaffirmed an “overweight” rating and issued a $46.00 price objective on shares of CareTrust REIT in a research report on Friday, May 29th. Raymond James Financial began coverage on CareTrust REIT in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $43.00 target price on the stock. Finally, Zacks Research upgraded CareTrust REIT from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.