UBS Group AG raised its stake in Community Healthcare Trust Incorporated (NYSE:CHCT) by 3.9% during the first quarter, Holdings Channel reports. The fund owned 6,357 shares of the real estate investment trust’s stock after buying an additional 238 shares during the period. UBS Group AG’s holdings in Community Healthcare Trust were worth $152,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Metropolitan Life Insurance Co. NY increased its stake in shares of Community Healthcare Trust by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,678 shares of the real estate investment trust’s stock valued at $246,000 after buying an additional 32 shares during the period. Asset Management One Co. Ltd. increased its stake in shares of Community Healthcare Trust by 0.3% in the first quarter. Asset Management One Co. Ltd. now owns 30,706 shares of the real estate investment trust’s stock valued at $714,000 after buying an additional 101 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Community Healthcare Trust by 0.3% in the first quarter. Russell Investments Group Ltd. now owns 131,226 shares of the real estate investment trust’s stock valued at $3,136,000 after buying an additional 352 shares during the period. American International Group Inc. increased its stake in shares of Community Healthcare Trust by 7.0% in the first quarter. American International Group Inc. now owns 7,759 shares of the real estate investment trust’s stock valued at $185,000 after buying an additional 510 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Community Healthcare Trust by 6.0% in the first quarter. PNC Financial Services Group Inc. now owns 14,140 shares of the real estate investment trust’s stock valued at $338,000 after buying an additional 800 shares during the period. Institutional investors own 59.34% of the company’s stock.

Shares of Community Healthcare Trust Incorporated (CHCT) traded up 0.37% during mid-day trading on Thursday, reaching $24.60. 3,898 shares of the company traded hands. Community Healthcare Trust Incorporated has a 52 week low of $19.61 and a 52 week high of $26.50. The firm has a 50 day moving average of $25.37 and a 200-day moving average of $24.34. The stock has a market capitalization of $443.00 million, a PE ratio of 90.44 and a beta of 1.04.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 28th will be issued a $0.3925 dividend. The ex-dividend date is Thursday, August 24th. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.39. This represents a $1.57 dividend on an annualized basis and a yield of 6.41%. Community Healthcare Trust’s payout ratio is currently 577.80%.

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Several analysts recently commented on CHCT shares. Zacks Investment Research downgraded shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, April 26th. Evercore ISI increased their price objective on shares of Community Healthcare Trust from $25.50 to $26.50 and gave the company an “outperform” rating in a research report on Tuesday, July 4th. Finally, ValuEngine downgraded shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research 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.

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

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