Community Healthcare Trust Inc. (NYSE:CHCT) CEO Timothy G. Wallace bought 10,486 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was bought at an average cost of $22.07 per share, with a total value of $231,426.02. Following the acquisition, the chief executive officer now directly owns 340,944 shares of the company’s stock, valued at approximately $7,524,634.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Community Healthcare Trust Inc. (NYSE:CHCT) traded up 0.36% on Tuesday, hitting $22.11. 1,030 shares of the stock were exchanged. The firm has a market cap of $280.49 million, a PE ratio of 121.48 and a beta of 1.08. Community Healthcare Trust Inc. has a 52-week low of $15.87 and a 52-week high of $23.70. The company has a 50-day moving average price of $22.23 and a 200-day moving average price of $21.55.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be issued a $0.385 dividend. The ex-dividend date is Wednesday, November 16th. This represents a $1.54 annualized dividend and a yield of 6.99%. This is a positive change from Community Healthcare Trust’s previous quarterly dividend of $0.38. Community Healthcare Trust’s dividend payout ratio (DPR) is 962.56%.

A number of large investors have recently made changes to their positions in CHCT. Westfield Capital Management Co. LP purchased a new stake in shares of Community Healthcare Trust during the second quarter valued at $13,796,000. Nuveen Asset Management LLC purchased a new stake in shares of Community Healthcare Trust during the second quarter valued at $11,038,000. Royal Bank of Canada raised 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 valued at $14,943,000 after buying an additional 418,185 shares during the period. Mendon Capital Advisors Corp purchased a new stake in shares of Community Healthcare Trust during the second quarter valued at $8,422,000. Finally, Systematic Financial Management LP raised 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 valued at $15,917,000 after buying an additional 342,653 shares during the period. 88.77% of the stock is owned by institutional investors.

Separately, Zacks Investment Research cut shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Wednesday, November 16th.

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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