2 days Ago By ABMN Staff
Russell Investments Group Ltd. grew its stake in shares of Community Healthcare Trust Incorporated ( NYSE:CHCT – Free Report ) by 9.1% in the 4th quarter, HoldingsChannel reports.
The fund owned 225,453 shares of the real estate investment trust’s stock after purchasing an additional 18,754 shares during the quarter. Russell Investments Group Ltd.’s holdings in Community Healthcare Trust were worth $4,331,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently bought and sold shares of CHCT. Geode Capital Management LLC increased its stake in shares of Community Healthcare Trust by 0.6% during the fourth quarter.
Geode Capital Management LLC now owns 678,505 shares of the real estate investment trust’s stock worth $13,037,000 after purchasing an additional 3,988 shares during the period. JPMorgan Chase & Co. grew its holdings in Community Healthcare Trust by 24.
4% in the 4th quarter. JPMorgan Chase & Co. now owns 403,945 shares of the real estate investment trust’s stock valued at $7,760,000 after buying an additional 79,116 shares in the last quarter.
Charles Schwab Investment Management Inc. increased its position in Community Healthcare Trust by 58.8% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 360,532 shares of the real estate investment trust’s stock worth $6,926,000 after buying an additional 133,482 shares during the period. Sei Investments Co.
lifted its holdings in shares of Community Healthcare Trust by 6.9% during the fourth quarter. Sei Investments Co.
now owns 232,819 shares of the real estate investment trust’s stock worth $4,472,000 after buying an additional 14,972 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its position in shares of Community Healthcare Trust by 17.3% in the fourth quarter.
New York State Common Retirement Fund now owns 220,024 shares of the real estate investment trust’s stock valued at $4,227,000 after acquiring an additional 32,469 shares during the period. 87.84% of the stock is currently owned by institutional investors and hedge funds.
Community Healthcare Trust Stock Up 0.5 % CHCT stock opened at $15.66 on Wednesday.
The company’s 50-day moving average price is $18.16 and its two-hundred day moving average price is $18.42.
The firm has a market cap of $443.87 million, a P/E ratio of -68.10, a P/E/G ratio of 1.
28 and a beta of 0.65. Community Healthcare Trust Incorporated has a 12 month low of $14.
76 and a 12 month high of $27.62. Community Healthcare Trust Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th.
Investors of record on Monday, February 24th were paid a $0.4675 dividend. The ex-dividend date of this dividend was Monday, February 24th.
This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.47. This represents a $1.
87 annualized dividend and a yield of 11.94%. Community Healthcare Trust’s dividend payout ratio (DPR) is -813.
04%. Analysts Set New Price Targets Several brokerages have weighed in on CHCT. StockNews.
com upgraded shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Truist Financial lifted 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. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $21.
25. Check Out Our Latest Stock Analysis on Community Healthcare Trust Community Healthcare Trust Company 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.
Read More 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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