GSA Capital Partners LLP acquired a new stake in Community Healthcare Trust Inc. (NYSE:CHCT) during the second quarter, Holdings Channel reports. The firm acquired 14,216 shares of the company’s stock, valued at approximately $301,000. GSA Capital Partners LLP owned 0.19% of Community Healthcare Trust at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. Henderson Group PLC bought a new position in shares of Community Healthcare Trust during the second quarter valued at $313,000. Strs Ohio boosted its position in Community Healthcare Trust by 134.7% in the second quarter. Strs Ohio now owns 22,757 shares of the company’s stock worth $481,000 after buying an additional 13,062 shares in the last quarter. DIAM Co. Ltd. boosted its position in Community Healthcare Trust by 139.1% in the second quarter. DIAM Co. Ltd. now owns 26,000 shares of the company’s stock worth $546,000 after buying an additional 15,128 shares in the last quarter. California State Teachers Retirement System acquired a new position in Community Healthcare Trust during the second quarter worth approximately $559,000. Finally, Geode Capital Management LLC acquired a new position in Community Healthcare Trust during the first quarter worth approximately $702,000. Institutional investors own 86.02% of the company’s stock.
Community Healthcare Trust Inc. (NYSE:CHCT) traded down 1.71% on Tuesday, reaching $22.37. The company had a trading volume of 22,099 shares. The stock has a 50 day moving average price of $22.61 and a 200 day moving average price of $20.47. The stock has a market capitalization of $269.29 million, a PE ratio of 302.30 and a beta of 1.10. Community Healthcare Trust Inc. has a 52-week low of $15.61 and a 52-week high of $23.70.
Community Healthcare Trust (NYSE:CHCT) last posted its quarterly earnings data on Thursday, August 11th. The company reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. The firm earned $6.20 million during the quarter, compared to analysts’ expectations of $5.87 million. Community Healthcare Trust had a net margin of 3.54% and a return on equity of 0.48%. Analysts expect that Community Healthcare Trust Inc. will post $1.39 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Shareholders of record on Friday, August 19th were given a $0.3825 dividend. This represents a $1.53 annualized dividend and a yield of 6.72%. The ex-dividend date of this dividend was Wednesday, August 17th. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.38. Community Healthcare Trust’s dividend payout ratio (DPR) is presently 2,185.71%.
Separately, Zacks Investment Research upgraded Community Healthcare Trust from a “sell” rating to a “hold” rating in a report on Tuesday, September 20th.
In related news, CEO Timothy G. Wallace acquired 13,088 shares of the stock in a transaction on Tuesday, September 20th. The stock was purchased at an average price of $21.66 per share, for a total transaction of $283,486.08. Following the transaction, the chief executive officer now owns 263,420 shares of the company’s stock, valued at approximately $5,705,677.20. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Timothy G. Wallace acquired 19,522 shares of the stock in a transaction on Friday, September 16th. The stock was bought at an average price of $21.30 per share, with a total value of $415,818.60. Following the transaction, the chief executive officer now directly owns 228,256 shares in the company, valued at approximately $4,861,852.80. The disclosure for this purchase can be found here. 5.10% of the stock is currently owned by company insiders.
Community Healthcare Trust Company Profile
Community Healthcare Trust Incorporated is an integrated healthcare real estate company. The Company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. The Company holds interests in approximately 40 real estate properties and mortgage notes, located in over 20 states, totaling approximately 789,500 square feet.
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