CareTrust REIT, Inc. $CTRE Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its holdings in CareTrust REIT, Inc. (NYSE:CTRE) by 82.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,182 shares of the company’s stock after selling 181,299 shares during the period. ProShare Advisors LLC’s holdings in CareTrust REIT were worth $1,433,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CTRE. Anchor Investment Management LLC grew its stake in shares of CareTrust REIT by 4.3% in the 2nd quarter. Anchor Investment Management LLC now owns 7,260 shares of the company’s stock valued at $293,000 after purchasing an additional 297 shares during the period. Farther Finance Advisors LLC lifted its position in shares of CareTrust REIT by 6.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,330 shares of the company’s stock worth $195,000 after buying an additional 303 shares during the period. NewEdge Advisors LLC boosted its stake in CareTrust REIT by 1.0% in the 2nd quarter. NewEdge Advisors LLC now owns 37,934 shares of the company’s stock valued at $1,531,000 after buying an additional 362 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in CareTrust REIT by 2.4% in the second quarter. Concurrent Investment Advisors LLC now owns 22,386 shares of the company’s stock valued at $903,000 after acquiring an additional 529 shares during the period. Finally, Sanctuary Advisors LLC grew its position in CareTrust REIT by 4.0% in the first quarter. Sanctuary Advisors LLC now owns 14,854 shares of the company’s stock valued at $544,000 after acquiring an additional 575 shares during the period. Institutional investors own 87.77% of the company’s stock.

CareTrust REIT News Roundup

Here are the key news stories impacting CareTrust REIT this week:

• Positive Sentiment: Third-quarter FFO was $0.54 per share, above the $0.52 consensus and up from $0.45 a year earlier. Revenue reached $176.4 million, also topping estimates cited in the reports. The earnings and revenue beats support the case for improving performance. CareTrust REIT Q3 FFO and Revenues Beat Estimates
• Positive Sentiment: CareTrust projected 2026 normalized FFO of $2.08–$2.09 per share. The outlook offers investors a forward earnings benchmark; the company also expects LNT conversions to RIDEA to begin in 2027. CareTrust projects 2026 normalized FFO per share
• Neutral Sentiment: CareTrust was included among five REITs highlighted for generous dividends after favorable third-quarter results. This may reinforce its appeal to income-focused investors, though the article does not report a dividend increase. 5 REIT Stocks With Generous Dividends to Consider After Q3 Earnings

CareTrust REIT Price Performance

Shares of CareTrust REIT stock traded up $1.08 during trading on Friday, reaching $38.26. The company’s stock had a trading volume of 3,345,692 shares, compared to its average volume of 2,559,172. The stock has a 50-day moving average price of $37.28 and a two-hundred day moving average price of $38.98. The stock has a market capitalization of $9.04 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.28 and a beta of 0.77. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.27. CareTrust REIT, Inc. has a one year low of $34.74 and a one year high of $43.62.

CareTrust REIT (NYSE:CTRE) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The firm had revenue of $176.36 million for the quarter. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. As a group, sell-side analysts anticipate that CareTrust REIT, Inc. will post 2.07 EPS for the current fiscal year.

CareTrust REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.1%. CareTrust REIT’s dividend payout ratio (DPR) is currently 98.11%.

Analysts Set New Price Targets

A number of brokerages have issued reports on CTRE. Wedbush set a $44.00 price objective on CareTrust REIT in a report on Tuesday, October 13th. BMO Capital Markets lowered their target price on shares of CareTrust REIT from $47.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, October 5th. Wells Fargo & Company dropped their target price on shares of CareTrust REIT from $44.00 to $43.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. UBS Group cut their price target on shares of CareTrust REIT from $48.00 to $44.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Finally, Cantor Fitzgerald upped their price objective on shares of CareTrust REIT from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $43.64.

CareTrust REIT Profile

CareTrust REIT, Inc is a healthcare-focused real estate investment trust that owns, acquires, and manages properties used by healthcare providers. Its portfolio primarily includes skilled nursing facilities, assisted living communities, independent living facilities, and other senior housing and healthcare-related properties.

The company generally leases its properties to healthcare operators under long-term, often triple-net lease agreements. Under these arrangements, tenants typically assume responsibility for property-level expenses such as taxes, insurance, and maintenance, while CareTrust focuses on owning and managing the underlying real estate and supporting its operating partners.

CareTrust was formed in 2014 through the spin-off of healthcare properties from The Ensign Group.