Schroder Investment Management Group boosted its position in Community Healthcare Trust Incorporated (NYSE:CHCT) by 54.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,737 shares of the real estate investment trust’s stock after acquiring an additional 27,070 shares during the quarter. Schroder Investment Management Group owned 0.42% of Community Healthcare Trust worth $2,081,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Wells Fargo & Company MN lifted its stake in shares of Community Healthcare Trust by 2.4% during the second quarter. Wells Fargo & Company MN now owns 8,515 shares of the real estate investment trust’s stock worth $218,000 after purchasing 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 first quarter. Bank of America Corp DE now owns 5,141 shares of the real estate investment trust’s stock worth $123,000 after purchasing 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 second quarter. Voya Investment Management LLC now owns 9,828 shares of the real estate investment trust’s stock worth $251,000 after purchasing 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 second quarter. PNC Financial Services Group Inc. now owns 15,162 shares of the real estate investment trust’s stock worth $387,000 after purchasing 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 second quarter. Rhumbline Advisers now owns 16,765 shares of the real estate investment trust’s stock worth $429,000 after purchasing an additional 1,055 shares in the last quarter. Hedge funds and other institutional investors own 85.49% of the company’s stock.

Community Healthcare Trust Incorporated (NYSE CHCT) opened at $27.60 on Thursday. The company has a market capitalization of $497.04 and a PE ratio of 18.70. Community Healthcare Trust Incorporated has a one year low of $21.33 and a one year high of $29.16.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Friday, November 17th were paid a $0.395 dividend. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, November 16th. This represents a $1.58 annualized dividend and a dividend yield of 5.72%. Community Healthcare Trust’s payout ratio is 718.18%.

In other Community Healthcare Trust news, CEO Timothy G. Wallace purchased 4,949 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were acquired at an average price of $27.60 per share, for a total transaction of $136,592.40. Following the completion of the purchase, the chief executive officer now owns 463,222 shares in the company, valued at approximately $12,784,927.20. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Timothy G. Wallace purchased 10,016 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was acquired at an average price of $26.85 per share, for a total transaction of $268,929.60. Following the purchase, the chief executive officer now owns 428,060 shares of the company’s stock, valued at approximately $11,493,411. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 25,064 shares of company stock worth $677,488. Insiders own 5.50% of the company’s stock.

CHCT has been the topic of a number of recent research reports. ValuEngine cut Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Finally, BidaskClub cut Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $26.50.

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

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