Community Healthcare Trust Inc. (NYSE:CHCT) CEO Timothy G. Wallace acquired 13,088 shares of the stock in a transaction that occurred on Tuesday, September 20th. The stock was acquired at an average price of $21.66 per share, with a total value of $283,486.08. Following the completion of the transaction, the chief executive officer now directly owns 263,420 shares of the company’s stock, valued at approximately $5,705,677.20. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Community Healthcare Trust Inc. (NYSE:CHCT) opened at 21.48 on Wednesday. Community Healthcare Trust Inc. has a 52-week low of $15.61 and a 52-week high of $23.70. The stock has a market capitalization of $258.58 million, a price-to-earnings ratio of 290.27 and a beta of 1.10. The stock’s 50 day moving average price is $22.66 and its 200 day moving average price is $20.36.

Community Healthcare Trust (NYSE:CHCT) last posted its quarterly earnings results on Thursday, August 11th. The company reported $0.32 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.32. Community Healthcare Trust had a net margin of 3.54% and a return on equity of 0.48%. The company earned $6.20 million during the quarter, compared to the consensus estimate of $5.87 million. On average, analysts forecast that Community Healthcare Trust Inc. will post $1.39 EPS for the current year.

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The business also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Investors of record on Friday, August 19th were given a dividend of $0.3825 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.38. This represents a $1.53 annualized dividend and a dividend yield of 7.12%. The ex-dividend date of this dividend was Wednesday, August 17th. Community Healthcare Trust’s payout ratio is currently 2,185.71%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. increased its position in shares of Community Healthcare Trust by 4.3% in the second quarter. PNC Financial Services Group Inc. now owns 19,400 shares of the company’s stock valued at $410,000 after buying an additional 800 shares in the last quarter. American International Group Inc. bought a new position in shares of Community Healthcare Trust during the second quarter valued at about $153,000. Nationwide Fund Advisors bought a new position in shares of Community Healthcare Trust during the second quarter valued at about $169,000. Foundry Partners LLC increased its position in shares of Community Healthcare Trust by 5.5% in the second quarter. Foundry Partners LLC now owns 182,385 shares of the company’s stock valued at $3,856,000 after buying an additional 9,525 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY increased its position in shares of Community Healthcare Trust by 2,687.2% in the second quarter. Metropolitan Life Insurance Co. NY now owns 10,647 shares of the company’s stock valued at $225,000 after buying an additional 10,265 shares in the last quarter. Hedge funds and other institutional investors own 86.49% of the company’s stock.

Separately, Zacks Investment Research upgraded Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, August 16th.

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.

5 Day Chart for NYSE:CHCT

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