Foundry Partners LLC decreased its stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 46.3% during the second quarter, Holdings Channel reports. The fund owned 128,125 shares of the real estate investment trust’s stock after selling 110,500 shares during the period. Foundry Partners LLC’s holdings in Community Healthcare Trust were worth $3,279,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Prudential Financial Inc. boosted its position in Community Healthcare Trust by 6.8% in the first quarter. Prudential Financial Inc. now owns 1,160,098 shares of the real estate investment trust’s stock valued at $27,727,000 after buying an additional 74,117 shares during the last quarter. FMR LLC boosted its position in Community Healthcare Trust by 0.5% in the first quarter. FMR LLC now owns 615,836 shares of the real estate investment trust’s stock valued at $14,719,000 after buying an additional 3,000 shares during the last quarter. Vanguard Group Inc. boosted its position in Community Healthcare Trust by 0.8% in the first quarter. Vanguard Group Inc. now owns 557,587 shares of the real estate investment trust’s stock valued at $13,327,000 after buying an additional 4,406 shares during the last quarter. Nuveen Asset Management LLC boosted its position in Community Healthcare Trust by 9.2% in the first quarter. Nuveen Asset Management LLC now owns 476,040 shares of the real estate investment trust’s stock valued at $11,377,000 after buying an additional 39,959 shares during the last quarter. Finally, Thomson Horstmann & Bryant Inc. boosted its position in Community Healthcare Trust by 29.9% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 396,202 shares of the real estate investment trust’s stock valued at $10,138,000 after buying an additional 91,252 shares during the last quarter. 59.02% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Community Healthcare Trust Incorporated (NYSE:CHCT) opened at 25.11 on Wednesday. Community Healthcare Trust Incorporated has a 1-year low of $19.61 and a 1-year high of $26.50. The stock has a 50 day moving average price of $25.28 and a 200 day moving average price of $24.44. The stock has a market capitalization of $318.55 million, a price-to-earnings ratio of 91.64 and a beta of 1.04.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, August 28th will be paid a dividend of $0.3925 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.39. This represents a $1.57 annualized dividend and a dividend yield of 6.25%. The ex-dividend date is Thursday, August 24th. Community Healthcare Trust’s payout ratio is presently 577.80%.

WARNING: This story was originally published by Watch List News and is owned by of Watch List News. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://www.watchlistnews.com/community-healthcare-trust-incorporated-chct-shares-sold-by-foundry-partners-llc/1493748.html.

CHCT has been the topic of several research analyst reports. Evercore ISI increased their price target on Community Healthcare Trust from $25.50 to $26.50 and gave the company an “outperform” rating in a report on Tuesday, July 4th. Zacks Investment Research cut Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Wednesday, April 26th. Finally, ValuEngine cut Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th.

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.

Want to see what other hedge funds are holding CHCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Community Healthcare Trust Incorporated (NYSE:CHCT).

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

Receive News & Ratings for Community Healthcare Trust Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Healthcare Trust Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.