Aristotle Capital Boston LLC Has $8.33 Million Holdings in Community Healthcare Trust Incorporated $CHCT

Aristotle Capital Boston LLC cut its holdings in Community Healthcare Trust Incorporated (NYSE:CHCT) by 9.6% during the 4th quarter, HoldingsChannel reports. The fund owned 507,441 shares of the real estate investment trust’s stock after selling 53,755 shares during the quarter. Aristotle Capital Boston LLC’s holdings in Community Healthcare Trust were worth $8,332,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in Community Healthcare Trust by 1.1% during the fourth quarter. AQR Capital Management LLC now owns 187,411 shares of the real estate investment trust’s stock worth $3,077,000 after buying an additional 2,052 shares in the last quarter. Kovack Advisors Inc. acquired a new stake in Community Healthcare Trust during the fourth quarter worth about $622,000. Russell Investments Group Ltd. grew its stake in Community Healthcare Trust by 7.8% during the fourth quarter. Russell Investments Group Ltd. now owns 345,548 shares of the real estate investment trust’s stock worth $5,674,000 after buying an additional 25,130 shares in the last quarter. Kennedy Capital Management LLC grew its stake in Community Healthcare Trust by 26.5% during the fourth quarter. Kennedy Capital Management LLC now owns 1,019,810 shares of the real estate investment trust’s stock worth $16,745,000 after buying an additional 213,349 shares in the last quarter. Finally, Barclays PLC grew its stake in Community Healthcare Trust by 10.7% during the fourth quarter. Barclays PLC now owns 42,646 shares of the real estate investment trust’s stock worth $700,000 after buying an additional 4,105 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CHCT shares. Zacks Research downgraded shares of Community Healthcare Trust from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Piper Sandler increased their target price on shares of Community Healthcare Trust from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Wall Street Zen cut shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings raised shares of Community Healthcare Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, June 12th. Finally, Truist Financial increased their target price on shares of Community Healthcare Trust from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $18.33.

Community Healthcare Trust Price Performance

Shares of NYSE CHCT opened at $17.47 on Thursday. The company has a 50 day simple moving average of $17.36 and a 200 day simple moving average of $16.82. The firm has a market cap of $499.00 million, a PE ratio of 158.80 and a beta of 0.73. Community Healthcare Trust Incorporated has a 1 year low of $13.23 and a 1 year high of $18.29.

Community Healthcare Trust (NYSE:CHCT) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). The business had revenue of $31.52 million during the quarter, compared to the consensus estimate of $31.03 million. Community Healthcare Trust had a net margin of 4.94% and a return on equity of 1.41%. As a group, research analysts anticipate that Community Healthcare Trust Incorporated will post 1.86 earnings per share for the current fiscal year.

Community Healthcare Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were issued a $0.48 dividend. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.48. The ex-dividend date was Monday, May 11th. This represents a $1.92 dividend on an annualized basis and a yield of 11.0%. Community Healthcare Trust’s dividend payout ratio (DPR) is 1,745.45%.

Community Healthcare Trust Profile

Community Healthcare Trust Incorporated (NYSE:CHCT) is a real estate investment trust that specializes in owning and leasing healthcare-related properties. The company’s portfolio is focused primarily on senior housing and care facilities, including skilled nursing centers, assisted living communities, memory care units, independent living apartments and continuing care retirement communities. Through long?term, triple?net leases, Community Healthcare Trust seeks stable, predictable cash flows by partnering with experienced operators that manage day-to-day resident care and property operations.

As of the latest reporting, Community Healthcare Trust’s holdings span multiple regions across the United States, with properties located in both urban and suburban markets.