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

Aristotle Capital Boston LLC trimmed its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 507,441 shares of the real estate investment trust’s stock after selling 53,755 shares during the period. Aristotle Capital Boston LLC owned 1.78% of Community Healthcare Trust worth $8,332,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CHCT. Kestra Advisory Services LLC acquired a new position in Community Healthcare Trust during the fourth quarter worth $49,000. Creative Financial Designs Inc. ADV increased its holdings in Community Healthcare Trust by 104.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,553 shares of the real estate investment trust’s stock worth $58,000 after buying an additional 1,817 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in Community Healthcare Trust by 992.0% during the fourth quarter. Quadrant Capital Group LLC now owns 4,521 shares of the real estate investment trust’s stock worth $74,000 after buying an additional 4,107 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Community Healthcare Trust by 143.6% during the third quarter. BNP Paribas Financial Markets now owns 5,886 shares of the real estate investment trust’s stock worth $90,000 after buying an additional 3,470 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Community Healthcare Trust during the second quarter worth $114,000. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Community Healthcare Trust Stock Performance

CHCT stock opened at $17.47 on Thursday. The company’s 50-day simple moving average is $17.36 and its 200 day simple moving average is $16.82. Community Healthcare Trust Incorporated has a 52 week low of $13.23 and a 52 week high of $18.29. The company has a market capitalization of $499.00 million, a PE ratio of 158.80 and a beta of 0.73.

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

Community Healthcare Trust Increases Dividend

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

Analyst Upgrades and Downgrades

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

About Community Healthcare Trust

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.