Susquehanna Fundamental Investments LLC acquired a new position in Community Healthcare Trust Inc (NYSE:CHCT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 26,634 shares of the real estate investment trust’s stock, valued at approximately $686,000. Susquehanna Fundamental Investments LLC owned about 0.15% of Community Healthcare Trust at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CHCT. Municipal Employees Retirement System of Michigan bought a new stake in shares of Community Healthcare Trust in the first quarter valued at $169,000. MetLife Investment Advisors LLC bought a new stake in shares of Community Healthcare Trust in the fourth quarter valued at $189,000. Brown Advisory Inc. bought a new stake in shares of Community Healthcare Trust in the fourth quarter valued at $249,000. Citadel Advisors LLC bought a new stake in shares of Community Healthcare Trust in the first quarter valued at $301,000. Finally, State of Tennessee Treasury Department bought a new stake in shares of Community Healthcare Trust in the first quarter valued at $318,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Community Healthcare Trust stock traded up $0.14 during midday trading on Monday, hitting $28.07. 463 shares of the company’s stock were exchanged, compared to its average volume of 121,508. Community Healthcare Trust Inc has a 52-week low of $22.41 and a 52-week high of $30.64. The stock has a market cap of $507.76 million, a price-to-earnings ratio of 19.81 and a beta of 0.83.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 1st. Investors of record on Friday, May 18th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 5.70%. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, May 17th. Community Healthcare Trust’s payout ratio is presently 113.48%.

Several brokerages have issued reports on CHCT. TheStreet upgraded Community Healthcare Trust from a “c” rating to a “b” rating in a research note on Monday, May 21st. ValuEngine upgraded Community Healthcare Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, May 29th. Zacks Investment Research upgraded Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, May 8th. B. Riley set a $29.00 price objective on Community Healthcare Trust and gave the company a “neutral” rating in a research note on Thursday, February 22nd. Finally, Sandler O’Neill set a $28.00 price objective on Community Healthcare Trust and gave the company a “buy” rating in a research note on Monday, February 26th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $27.50.

About Community Healthcare Trust

Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets throughout the United States. The Company had investments of approximately $413.3 million in 89 real estate properties, including one mortgage note, as of March 31, 2018, located in 27 states, totaling approximately 2.0 million square feet.

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Institutional Ownership by Quarter for Community Healthcare Trust (NYSE:CHCT)

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