Community Healthcare Trust Incorporated (NYSE:CHCT) Stake Raised by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 39.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 44,665 shares of the real estate investment trust’s stock after purchasing an additional 12,681 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Community Healthcare Trust were worth $811,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. SG Americas Securities LLC raised its holdings in shares of Community Healthcare Trust by 65.7% during the second quarter. SG Americas Securities LLC now owns 9,152 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 3,630 shares in the last quarter. Panagora Asset Management Inc. raised its stake in shares of Community Healthcare Trust by 124.7% during the 2nd quarter. Panagora Asset Management Inc. now owns 52,794 shares of the real estate investment trust’s stock worth $1,235,000 after purchasing an additional 29,297 shares in the last quarter. Peregrine Capital Management LLC lifted its holdings in shares of Community Healthcare Trust by 15.5% during the 2nd quarter. Peregrine Capital Management LLC now owns 246,109 shares of the real estate investment trust’s stock valued at $5,756,000 after buying an additional 33,008 shares during the last quarter. Natixis Advisors LLC bought a new stake in shares of Community Healthcare Trust in the 2nd quarter valued at approximately $278,000. Finally, Rhumbline Advisers increased its holdings in Community Healthcare Trust by 7.8% in the second quarter. Rhumbline Advisers now owns 71,998 shares of the real estate investment trust’s stock worth $1,684,000 after buying an additional 5,197 shares during the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

Community Healthcare Trust Trading Down 0.9 %

Shares of Community Healthcare Trust stock opened at $18.10 on Friday. The firm has a fifty day simple moving average of $18.29 and a 200-day simple moving average of $19.90. The stock has a market capitalization of $511.18 million, a price-to-earnings ratio of -201.11, a PEG ratio of 1.24 and a beta of 0.68. Community Healthcare Trust Incorporated has a 1-year low of $15.06 and a 1-year high of $28.10.

Community Healthcare Trust (NYSE:CHCT) last released its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.39). The firm had revenue of $29.64 million for the quarter, compared to analyst estimates of $29.06 million. Community Healthcare Trust had a negative return on equity of 0.09% and a negative net margin of 0.39%. During the same period in the prior year, the firm earned $0.63 EPS. As a group, research analysts predict that Community Healthcare Trust Incorporated will post 1.84 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a dividend of $0.465 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.42. The ex-dividend date was Friday, November 8th. This represents a $1.86 annualized dividend and a yield of 10.28%. Community Healthcare Trust’s dividend payout ratio is presently -2,066.67%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CHCT shares. Evercore ISI upgraded shares of Community Healthcare Trust from an “underperform” rating to an “inline” rating and reduced their target price for the company from $21.00 to $18.00 in a research note on Monday, September 16th. Truist Financial lifted their price objective on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday. Piper Sandler increased their target price on shares of Community Healthcare Trust from $18.00 to $19.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, StockNews.com raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Monday, November 25th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $21.25.

Community Healthcare Trust Profile

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.