Dimensional Fund Advisors LP Lowers Stock Holdings in Community Healthcare Trust Incorporated (NYSE:CHCT)

Dimensional Fund Advisors LP reduced its position in Community Healthcare Trust Incorporated (NYSE:CHCT) by 9.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 321,895 shares of the real estate investment trust’s stock after selling 31,826 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Community Healthcare Trust were worth $6,183,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Barclays PLC grew its stake in shares of Community Healthcare Trust by 159.1% during the third quarter. Barclays PLC now owns 42,054 shares of the real estate investment trust’s stock valued at $762,000 after buying an additional 25,826 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Community Healthcare Trust by 10.5% during the 4th quarter. SG Americas Securities LLC now owns 10,791 shares of the real estate investment trust’s stock valued at $207,000 after acquiring an additional 1,021 shares during the period. Graham Capital Wealth Management LLC grew its position in Community Healthcare Trust by 31.7% during the 4th quarter. Graham Capital Wealth Management LLC now owns 192,233 shares of the real estate investment trust’s stock worth $3,693,000 after acquiring an additional 46,217 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in Community Healthcare Trust by 10.1% in the 4th quarter. Asset Management One Co. Ltd. now owns 37,843 shares of the real estate investment trust’s stock worth $694,000 after purchasing an additional 3,473 shares during the period. Finally, Rhumbline Advisers lifted its position in Community Healthcare Trust by 2.4% in the fourth quarter. Rhumbline Advisers now owns 47,909 shares of the real estate investment trust’s stock valued at $920,000 after purchasing an additional 1,125 shares during the last quarter. 87.84% of the stock is currently owned by institutional investors.

Insider Activity at Community Healthcare Trust

In other news, Director Cathrine Cotman acquired 3,000 shares of the business’s stock in a transaction on Wednesday, April 30th. The shares were acquired at an average cost of $17.10 per share, with a total value of $51,300.00. Following the transaction, the director now owns 23,861 shares in the company, valued at $408,023.10. The trade was a 14.38% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 5.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 8th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $21.25.

Community Healthcare Trust Trading Down 4.1%

Community Healthcare Trust stock opened at $16.09 on Monday. Community Healthcare Trust Incorporated has a 1-year low of $14.76 and a 1-year high of $27.62. The firm has a market cap of $455.96 million, a P/E ratio of -69.96, a P/E/G ratio of 1.28 and a beta of 0.74. The firm has a 50-day moving average of $17.15 and a 200-day moving average of $18.33.

Community Healthcare Trust (NYSE:CHCT) last released its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. Community Healthcare Trust had a negative return on equity of 0.65% and a negative net margin of 2.75%. The business had revenue of $29.73 million during the quarter, compared to analysts’ expectations of $29.71 million. Research analysts forecast that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.88 annualized dividend and a yield of 11.68%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.47. Community Healthcare Trust’s payout ratio is -606.45%.

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.