Community Healthcare Trust Incorporated (NYSE:CHCT) CEO Timothy G. Wallace bought 10,099 shares of Community Healthcare Trust stock in a transaction dated Monday, December 11th. The shares were bought at an average cost of $26.93 per share, with a total value of $271,966.07. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Community Healthcare Trust Incorporated (NYSE:CHCT) remained flat at $$26.89 during trading on Monday. 66,811 shares of the company traded hands, compared to its average volume of 96,658. Community Healthcare Trust Incorporated has a 12 month low of $21.33 and a 12 month high of $29.16. The stock has a market capitalization of $486.33, a P/E ratio of 18.55 and a beta of 0.99.

The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were given a dividend of $0.395 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.39. This represents a $1.58 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date was Thursday, November 16th. Community Healthcare Trust’s dividend payout ratio is currently 752.42%.

A number of research firms have recently weighed in on CHCT. ValuEngine downgraded shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. 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, BidaskClub downgraded shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Community Healthcare Trust has a consensus rating of “Hold” and a consensus target price of $26.50.

Several hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in shares of Community Healthcare Trust by 2.4% during the 2nd quarter. Wells Fargo & Company MN now owns 8,515 shares of the real estate investment trust’s stock valued at $218,000 after buying an additional 200 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Community Healthcare Trust by 20.9% during the 1st quarter. Bank of America Corp DE now owns 5,141 shares of the real estate investment trust’s stock valued at $123,000 after buying an additional 888 shares in the last quarter. Voya Investment Management LLC lifted its stake in shares of Community Healthcare Trust by 11.4% during the 2nd quarter. Voya Investment Management LLC now owns 9,828 shares of the real estate investment trust’s stock valued at $251,000 after buying an additional 1,004 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Community Healthcare Trust by 7.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 15,162 shares of the real estate investment trust’s stock valued at $387,000 after buying an additional 1,022 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of Community Healthcare Trust by 6.7% during the 2nd quarter. Rhumbline Advisers now owns 16,765 shares of the real estate investment trust’s stock valued at $429,000 after buying an additional 1,055 shares in the last quarter. Institutional investors own 85.49% of the company’s stock.

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About Community Healthcare Trust

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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