Community Healthcare Trust Incorporated (NYSE:CHCT) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Several other analysts also recently commented on CHCT. ValuEngine downgraded shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Zacks Investment Research downgraded shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Finally, Evercore ISI raised their price objective on shares of Community Healthcare Trust from $25.50 to $26.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $26.75.

Shares of Community Healthcare Trust (NYSE:CHCT) traded down 0.90% on Wednesday, reaching $26.57. 74,743 shares of the company were exchanged. The company has a market cap of $337.07 million, a price-to-earnings ratio of 96.97 and a beta of 1.03. The company’s 50-day moving average price is $26.87 and its 200 day moving average price is $26.87. Community Healthcare Trust has a 12 month low of $19.61 and a 12 month high of $27.95.

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Several hedge funds have recently made changes to their positions in the company. Prudential Financial Inc. grew its position in shares of Community Healthcare Trust by 2.1% during the 2nd quarter. Prudential Financial Inc. now owns 1,184,866 shares of the real estate investment trust’s stock worth $30,320,000 after buying an additional 24,768 shares during the period. Royal Bank of Canada grew its position in shares of Community Healthcare Trust by 2.9% during the 2nd quarter. Royal Bank of Canada now owns 647,412 shares of the real estate investment trust’s stock worth $16,567,000 after buying an additional 18,152 shares during the period. FMR LLC grew its position in shares of Community Healthcare Trust by 2.8% during the 2nd quarter. FMR LLC now owns 632,864 shares of the real estate investment trust’s stock worth $16,195,000 after buying an additional 17,028 shares during the period. Vanguard Group Inc. grew its position in shares of Community Healthcare Trust by 11.6% during the 2nd quarter. Vanguard Group Inc. now owns 622,120 shares of the real estate investment trust’s stock worth $15,920,000 after buying an additional 64,533 shares during the period. Finally, Nuveen Asset Management LLC grew its position in shares of Community Healthcare Trust by 9.2% during the 1st quarter. Nuveen Asset Management LLC now owns 476,040 shares of the real estate investment trust’s stock worth $11,377,000 after buying an additional 39,959 shares during the period. 60.22% of the stock is owned by institutional investors.

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. It has investments in healthcare real estate, including mortgage and other loans.

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