Anchor Capital Advisors LLC Acquires 2,762 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

Anchor Capital Advisors LLC boosted its holdings in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 80,457 shares of the real estate investment trust’s stock after acquiring an additional 2,762 shares during the period. Anchor Capital Advisors LLC’s holdings in Community Healthcare Trust were worth $1,546,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in CHCT. International Assets Investment Management LLC bought a new stake in shares of Community Healthcare Trust in the 3rd quarter valued at about $231,000. Woodmont Investment Counsel LLC bought a new stake in Community Healthcare Trust in the third quarter valued at approximately $182,000. State of New Jersey Common Pension Fund D raised its holdings in Community Healthcare Trust by 18.8% in the third quarter. State of New Jersey Common Pension Fund D now owns 223,052 shares of the real estate investment trust’s stock worth $4,048,000 after purchasing an additional 35,352 shares during the period. GSA Capital Partners LLP bought a new position in shares of Community Healthcare Trust during the third quarter worth $408,000. Finally, LMR Partners LLP bought a new position in shares of Community Healthcare Trust during the third quarter worth $221,000. Institutional investors and hedge funds own 87.84% of the company’s stock.

Community Healthcare Trust Trading Up 0.2 %

CHCT opened at $18.74 on Friday. The stock has a market capitalization of $530.96 million, a P/E ratio of -81.46, a P/E/G ratio of 1.28 and a beta of 0.69. Community Healthcare Trust Incorporated has a 12 month low of $15.06 and a 12 month high of $27.73. The firm’s fifty day simple moving average is $19.33 and its 200 day simple moving average is $18.46.

Community Healthcare Trust (NYSE:CHCT) last issued its quarterly earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The company had revenue of $29.30 million for the quarter, compared to analyst estimates of $29.85 million. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. On average, equities research analysts predict that Community Healthcare Trust Incorporated will post 1.85 EPS for the current fiscal year.

Community Healthcare Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th will be given a dividend of $0.4675 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.87 dividend on an annualized basis and a yield of 9.98%. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.47. Community Healthcare Trust’s dividend payout ratio is -813.04%.

Analyst Ratings Changes

CHCT has been the topic of several research analyst reports. StockNews.com raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Truist Financial raised their price target on Community Healthcare Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $21.25.

Community Healthcare Trust Company 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.