Community Healthcare Trust Inc. (NYSE:CHCT) Director Alfred Lumsdaine purchased 1,929 shares of the business’s stock in a transaction dated Wednesday, November 16th. The stock was purchased at an average price of $20.93 per share, for a total transaction of $40,373.97. Following the completion of the acquisition, the director now owns 16,184 shares of the company’s stock, valued at $338,731.12. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Alfred Lumsdaine also recently made the following trade(s):

  • On Tuesday, November 15th, Alfred Lumsdaine bought 1,407 shares of Community Healthcare Trust stock. The stock was bought at an average cost of $20.94 per share, for a total transaction of $29,462.58.

Community Healthcare Trust Inc. (NYSE:CHCT) traded up 0.446% during mid-day trading on Thursday, hitting $21.385. The company had a trading volume of 66,564 shares. The firm has a market capitalization of $277.75 million, a PE ratio of 288.986 and a beta of 1.08. The company’s 50 day moving average price is $22.25 and its 200-day moving average price is $21.46. Community Healthcare Trust Inc. has a 12-month low of $15.87 and a 12-month high of $23.71.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 2nd. Shareholders of record on Friday, November 18th will be issued a dividend of $0.385 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.38. This represents a $1.54 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date is Wednesday, November 16th. Community Healthcare Trust’s dividend payout ratio (DPR) is presently 956.31%.

A number of hedge funds have recently modified their holdings of the company. 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 during the last quarter. Foundry Partners LLC increased its stake in shares of Community Healthcare Trust by 5.5% in the second quarter. Foundry Partners LLC now owns 182,385 shares of the company’s stock worth $3,856,000 after buying an additional 9,525 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Community Healthcare Trust during the second quarter worth $301,000. Royce & Associates LP acquired a new stake in shares of Community Healthcare Trust during the second quarter worth $2,706,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of Community Healthcare Trust by 4.3% in the second quarter. PNC Financial Services Group Inc. now owns 19,400 shares of the company’s stock worth $410,000 after buying an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 87.66% of the company’s stock.

Separately, Zacks Investment Research raised Community Healthcare Trust from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Tuesday.

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

Receive News & Stock Ratings for Community Healthcare Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Healthcare Trust Inc. and related stocks with our FREE daily email newsletter.