Samalin Investment Counsel LLC Purchases Shares of 26,950 Community Healthcare Trust Incorporated (NYSE:CHCT)

Samalin Investment Counsel LLC acquired a new stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 26,950 shares of the real estate investment trust’s stock, valued at approximately $518,000.

Several other institutional investors and hedge funds have also modified their holdings of CHCT. Systematic Financial Management LP lifted its holdings in Community Healthcare Trust by 25.0% in the third quarter. Systematic Financial Management LP now owns 936,753 shares of the real estate investment trust’s stock valued at $17,002,000 after acquiring an additional 187,510 shares during the period. Geode Capital Management LLC increased its holdings in shares of Community Healthcare Trust by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 674,517 shares of the real estate investment trust’s stock valued at $12,245,000 after purchasing an additional 9,256 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Community Healthcare Trust by 1,395.6% in the 3rd quarter. Jane Street Group LLC now owns 492,063 shares of the real estate investment trust’s stock valued at $8,931,000 after purchasing an additional 459,163 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Community Healthcare Trust by 58.8% during the fourth 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 in the last quarter. Finally, Sei Investments Co. grew its position in 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 valued at $4,472,000 after buying an additional 14,972 shares during the period. Institutional investors and hedge funds own 87.84% of the company’s stock.

Community Healthcare Trust Price Performance

Shares of Community Healthcare Trust stock opened at $18.14 on Monday. The stock has a market capitalization of $514.01 million, a P/E ratio of -78.86, a PEG ratio of 1.28 and a beta of 0.75. The business has a 50 day simple moving average of $19.22 and a two-hundred day simple moving average of $18.43. Community Healthcare Trust Incorporated has a 12 month low of $15.06 and a 12 month high of $27.62.

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

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 issued a $0.4675 dividend. The ex-dividend date was Monday, February 24th. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.47. This represents a $1.87 dividend on an annualized basis and a yield of 10.31%. Community Healthcare Trust’s dividend payout ratio is currently -813.04%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Truist Financial increased their target price on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. StockNews.com raised 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 given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus 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.