Community Healthcare Trust Incorporated (NYSE:CHCT) Position Boosted by Albert D Mason Inc.

Albert D Mason Inc. increased its holdings in Community Healthcare Trust Incorporated (NYSE:CHCT) by 3.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,363 shares of the real estate investment trust’s stock after buying an additional 923 shares during the quarter. Albert D Mason Inc. owned about 0.09% of Community Healthcare Trust worth $461,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in Community Healthcare Trust by 136.1% in the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 905 shares in the last quarter. Quarry LP acquired a new stake in Community Healthcare Trust in the fourth quarter worth approximately $88,000. KLP Kapitalforvaltning AS acquired a new stake in Community Healthcare Trust in the fourth quarter worth approximately $108,000. GAMMA Investing LLC lifted its position in Community Healthcare Trust by 2,866.5% in the first quarter. GAMMA Investing LLC now owns 6,556 shares of the real estate investment trust’s stock worth $119,000 after purchasing an additional 6,335 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in Community Healthcare Trust in the fourth quarter worth approximately $163,000. 87.84% of the stock is owned by institutional investors.

Insider Buying and Selling at Community Healthcare Trust

In related news, Director Horn R. Lawrence Van purchased 11,815 shares of the company’s stock in a transaction dated Wednesday, May 28th. The shares were acquired at an average cost of $16.37 per share, with a total value of $193,411.55. Following the completion of the purchase, the director now owns 88,502 shares of the company’s stock, valued at $1,448,777.74. The trade was a 15.41% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Cathrine Cotman purchased 3,000 shares of the company’s stock in a transaction dated Wednesday, April 30th. The stock was bought at an average cost of $17.10 per share, for a total transaction of $51,300.00. Following the completion of the purchase, the director now directly owns 23,861 shares of the company’s stock, valued at $408,023.10. The trade was a 14.38% increase in their position. The disclosure for this purchase can be found here. Company insiders own 5.10% of the company’s stock.

Community Healthcare Trust Stock Performance

Shares of NYSE:CHCT opened at $16.78 on Friday. Community Healthcare Trust Incorporated has a one year low of $14.76 and a one year high of $27.62. The stock has a fifty day moving average of $16.30 and a 200-day moving average of $17.97. The company has a market capitalization of $475.51 million, a PE ratio of -72.96, a price-to-earnings-growth ratio of 1.28 and a beta of 0.73.

Community Healthcare Trust (NYSE:CHCT) last announced its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. The company had revenue of $29.73 million during the quarter, compared to the consensus estimate of $29.71 million. As a group, research analysts forecast that Community Healthcare Trust Incorporated will post 1.85 EPS for the current fiscal year.

Community Healthcare Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were paid a dividend of $0.47 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.47. This represents a $1.88 annualized dividend and a yield of 11.20%. The ex-dividend date was Friday, May 9th. Community Healthcare Trust’s payout ratio is -606.45%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut their target price on Community Healthcare Trust from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Friday, May 23rd. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $21.00.

About Community Healthcare Trust

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.