Community Healthcare Trust Inc. (NYSE:CHCT) CEO Timothy G. Wallace acquired 10,731 shares of Community Healthcare Trust stock in a transaction that occurred on Tuesday, November 22nd. The stock was acquired at an average price of $22.35 per share, with a total value of $239,837.85. Following the completion of the acquisition, the chief executive officer now directly owns 351,675 shares in the company, valued at approximately $7,859,936.25. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Community Healthcare Trust Inc. (NYSE:CHCT) traded up 0.112% during midday trading on Wednesday, hitting $22.375. The company’s stock had a trading volume of 44,837 shares. The company’s 50-day moving average is $22.25 and its 200 day moving average is $21.57. Community Healthcare Trust Inc. has a one year low of $15.87 and a one year high of $23.71. The company has a market cap of $283.85 million, a price-to-earnings ratio of 122.940 and a beta of 1.08.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be paid a dividend of $0.385 per share. This is a boost from Community Healthcare Trust’s previous quarterly dividend of $0.38. This represents a $1.54 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Wednesday, November 16th. Community Healthcare Trust’s dividend payout ratio is 962.56%.

Separately, Zacks Investment Research upgraded Community Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, August 16th.

Large investors have recently modified their holdings of the company. BlackRock Advisors LLC boosted its stake in shares of Community Healthcare Trust by 16.1% in the third quarter. BlackRock Advisors LLC now owns 5,453 shares of the company’s stock worth $120,000 after buying an additional 758 shares during the period. American International Group Inc. bought a new stake in shares of Community Healthcare Trust during the second quarter worth $153,000. Nationwide Fund Advisors bought a new stake in shares of Community Healthcare Trust during the second quarter worth $169,000. Metropolitan Life Insurance Co. NY boosted its stake in shares of Community Healthcare Trust by 2,687.2% in the second quarter. Metropolitan Life Insurance Co. NY now owns 10,647 shares of the company’s stock worth $225,000 after buying an additional 10,265 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Community Healthcare Trust during the third quarter worth $229,000. Hedge funds and other institutional investors own 88.77% of the company’s stock.

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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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