Systematic Financial Management LP grew its holdings in Community Healthcare Trust Inc (NYSE:CHCT) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 702,740 shares of the real estate investment trust’s stock after purchasing an additional 5,139 shares during the period. Systematic Financial Management LP owned about 3.87% of Community Healthcare Trust worth $20,991,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Rhumbline Advisers grew its holdings in shares of Community Healthcare Trust by 5.9% in the second quarter. Rhumbline Advisers now owns 44,018 shares of the real estate investment trust’s stock worth $1,315,000 after acquiring an additional 2,440 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Community Healthcare Trust by 28.8% in the first quarter. Thrivent Financial for Lutherans now owns 17,210 shares of the real estate investment trust’s stock worth $443,000 after acquiring an additional 3,849 shares during the period. Piedmont Investment Advisors LLC bought a new stake in shares of Community Healthcare Trust in the second quarter worth $120,000. Principal Financial Group Inc. grew its holdings in shares of Community Healthcare Trust by 3.4% in the first quarter. Principal Financial Group Inc. now owns 132,381 shares of the real estate investment trust’s stock worth $3,407,000 after acquiring an additional 4,408 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of Community Healthcare Trust by 2.4% in the first quarter. Northern Trust Corp now owns 219,298 shares of the real estate investment trust’s stock worth $5,645,000 after acquiring an additional 5,161 shares during the period. 92.23% of the stock is owned by institutional investors and hedge funds.

Several analysts recently commented on the company. Zacks Investment Research raised Community Healthcare Trust from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a report on Friday, August 10th. ValuEngine lowered Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. TheStreet raised Community Healthcare Trust from a “c” rating to a “b” rating in a report on Monday, May 21st. B. Riley lifted their price objective on Community Healthcare Trust from $27.00 to $28.00 and gave the stock a “hold” rating in a report on Friday, May 11th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Community Healthcare Trust in a report on Thursday, August 9th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Community Healthcare Trust presently has a consensus rating of “Buy” and an average price target of $32.75.

NYSE CHCT opened at $31.53 on Friday. The firm has a market cap of $580.94 million, a P/E ratio of 22.36 and a beta of 0.79. Community Healthcare Trust Inc has a fifty-two week low of $22.41 and a fifty-two week high of $32.81.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 31st. Investors of record on Friday, August 17th will be given a dividend of $0.403 per share. The ex-dividend date is Thursday, August 16th. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.40. This represents a $1.61 annualized dividend and a yield of 5.11%. Community Healthcare Trust’s payout ratio is 113.48%.

Community Healthcare Trust Company Profile

Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets throughout the United States. The Company had investments of approximately $413.3 million in 89 real estate properties, including one mortgage note, as of March 31, 2018, located in 27 states, totaling approximately 2.0 million square feet.

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Institutional Ownership by Quarter for Community Healthcare Trust (NYSE:CHCT)

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