1 week Ago By ABMN Staff
Norges Bank purchased a new stake in Community Healthcare Trust Incorporated ( NYSE:CHCT – Free Report ) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 35,300 shares of the real estate investment trust’s stock, valued at approximately $678,000. Several other hedge funds also recently modified their holdings of CHCT.
Signaturefd LLC raised its position in Community Healthcare Trust by 136.1% in the fourth quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 905 shares during the last quarter.
KLP Kapitalforvaltning AS acquired a new position in shares of Community Healthcare Trust in the fourth quarter valued at approximately $108,000. SG Americas Securities LLC increased its stake in shares of Community Healthcare Trust by 10.5% in the fourth quarter.
SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 1,021 shares during the period. PNC Financial Services Group Inc. raised its holdings in Community Healthcare Trust by 20.
1% in the 4th quarter. PNC Financial Services Group Inc. now owns 10,934 shares of the real estate investment trust’s stock valued at $210,000 after buying an additional 1,828 shares during the last quarter.
Finally, XTX Topco Ltd acquired a new stake in Community Healthcare Trust during the 3rd quarter worth approximately $229,000. Institutional investors and hedge funds own 87.84% of the company’s stock.
Community Healthcare Trust Price Performance Community Healthcare Trust stock opened at $14.93 on Friday. The firm has a market cap of $423.
16 million, a P/E ratio of -64.92, a P/E/G ratio of 1.28 and a beta of 0.
65. The stock’s 50 day moving average is $18.34 and its 200 day moving average is $18.
45. Community Healthcare Trust Incorporated has a one year low of $14.76 and a one year high of $27.
62. Community Healthcare Trust Increases Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were given a dividend of $0.
4675 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.
87 dividend on an annualized basis and a yield of 12.52%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.
47. Community Healthcare Trust’s dividend payout ratio is -813.04%.
Analysts Set New Price Targets Several brokerages have issued reports on CHCT. Truist Financial upped their price target on shares of Community Healthcare Trust from $22.00 to $23.
00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th.
Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $21.
25. Check Out Our Latest Research Report on CHCT Community Healthcare Trust Profile ( Free Report ) 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.
Featured Stories Want to see what other hedge funds are holding CHCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Community Healthcare Trust Incorporated ( NYSE:CHCT – Free Report ). Receive News & Ratings for Community Healthcare Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Healthcare Trust and related companies with MarketBeat.
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