Community Healthcare Trust Inc. (NYSE:CHCT) CEO Timothy G. Wallace purchased 11,218 shares of the business’s stock in a transaction on Thursday, October 6th. The shares were acquired at an average price of $21.92 per share, with a total value of $245,898.56. Following the completion of the transaction, the chief executive officer now owns 299,159 shares of the company’s stock, valued at $6,557,565.28. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Community Healthcare Trust Inc. (NYSE:CHCT) traded up 2.46% during mid-day trading on Friday, hitting $22.45. 4,219 shares of the stock were exchanged. The company’s 50-day moving average price is $22.31 and its 200 day moving average price is $20.62. Community Healthcare Trust Inc. has a 52 week low of $15.87 and a 52 week high of $23.70. The firm has a market capitalization of $270.25 million, a price-to-earnings ratio of 303.38 and a beta of 1.11.

Community Healthcare Trust (NYSE:CHCT) last released its earnings results on Thursday, August 11th. The company reported $0.32 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.32. Community Healthcare Trust had a net margin of 3.54% and a return on equity of 0.48%. The company had revenue of $6.20 million for the quarter, compared to analysts’ expectations of $5.87 million. Equities research analysts expect that Community Healthcare Trust Inc. will post $1.39 EPS for the current year.

Insider Buying and Selling by Quarter for Community Healthcare Trust (NYSE:CHCT)

Separately, Zacks Investment Research upgraded shares of Community Healthcare Trust from a “strong sell” rating to a “hold” rating in a report on Monday, June 20th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Prudential Financial Inc. increased its stake in shares of Community Healthcare Trust by 21.1% in the second quarter. Prudential Financial Inc. now owns 1,039,763 shares of the company’s stock worth $21,981,000 after buying an additional 180,923 shares in the last quarter. Systematic Financial Management LP increased its stake in shares of Community Healthcare Trust by 83.5% in the second quarter. Systematic Financial Management LP now owns 752,950 shares of the company’s stock worth $15,917,000 after buying an additional 342,653 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Community Healthcare Trust by 144.9% in the second quarter. Royal Bank of Canada now owns 706,860 shares of the company’s stock worth $14,943,000 after buying an additional 418,185 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of Community Healthcare Trust during the second quarter worth about $13,796,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Community Healthcare Trust by 16.3% in the first quarter. Goldman Sachs Group Inc. now owns 608,785 shares of the company’s stock worth $11,256,000 after buying an additional 85,284 shares in the last quarter. Institutional investors own 86.02% of the company’s stock.

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. The Company holds interests in approximately 40 real estate properties and mortgage notes, located in over 20 states, totaling approximately 789,500 square feet.

5 Day Chart for NYSE:CHCT

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