Community Healthcare Trust (CHCT) Receiving Somewhat Positive Press Coverage, Accern Reports
Press coverage about Community Healthcare Trust (NYSE:CHCT) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Community Healthcare Trust earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.9004754872661 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Raymond James Financial Services Advisors Inc. Sells 23,916 Shares of Community Healthcare Trust Inc (CHCT) (americanbankingnews.com)
- Cardinal Capital Management LLC CT Increases Position in Community Healthcare Trust Inc (CHCT) (americanbankingnews.com)
- Head to Head Survey: Community Healthcare Trust (CHCT) & Global Medical REIT (GMRE) (americanbankingnews.com)
- Community Healthcare Trust Inc Expected to Earn Q1 2018 Earnings of $0.36 Per Share (CHCT) (americanbankingnews.com)
- Community Healthcare Trust (CHCT) Given a $28.00 Price Target by Sandler O’Neill Analysts (americanbankingnews.com)
Shares of Community Healthcare Trust (NYSE:CHCT) traded up $0.38 during trading on Friday, hitting $24.27. The stock had a trading volume of 207,807 shares, compared to its average volume of 190,987. Community Healthcare Trust has a 1-year low of $22.20 and a 1-year high of $30.64. The firm has a market capitalization of $438.94 and a P/E ratio of 105.52.
A number of equities analysts have recently commented on CHCT shares. Zacks Investment Research downgraded Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Friday, November 10th. ValuEngine downgraded Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. B. Riley set a $29.00 price objective on Community Healthcare Trust and gave the stock a “neutral” rating in a research report on Monday, December 18th. Finally, Sandler O’Neill set a $30.00 price objective on Community Healthcare Trust and gave the stock a “buy” rating in a research report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $27.83.
In other Community Healthcare Trust news, CEO Timothy G. Wallace purchased 10,099 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was purchased at an average cost of $26.93 per share, with a total value of $271,966.07. Following the completion of the acquisition, the chief executive officer now directly owns 448,206 shares of the company’s stock, valued at approximately $12,070,187.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy G. Wallace purchased 4,949 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was acquired at an average cost of $27.60 per share, with a total value of $136,592.40. Following the completion of the acquisition, the chief executive officer now directly owns 463,222 shares of the company’s stock, valued at $12,784,927.20. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 25,064 shares of company stock valued at $677,488. Corporate insiders own 5.50% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Community Healthcare Trust (CHCT) Receiving Somewhat Positive Press Coverage, Accern Reports” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.watchlistnews.com/community-healthcare-trust-chct-receiving-somewhat-positive-press-coverage-accern-reports/1905469.html.
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.
Receive News & Ratings for Community Healthcare Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Healthcare Trust and related companies with MarketBeat.com's FREE daily email newsletter.