Brandywine Global Investment Management LLC lifted its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 326.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,668 shares of the real estate investment trust’s stock after acquiring an additional 81,668 shares during the quarter. Brandywine Global Investment Management LLC owned 0.84% of Community Healthcare Trust worth $2,730,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CHCT. Bank of America Corp DE lifted its stake in Community Healthcare Trust by 20.9% in the 1st quarter. Bank of America Corp DE now owns 5,141 shares of the real estate investment trust’s stock valued at $123,000 after buying an additional 888 shares in the last quarter. UBS Group AG lifted its stake in Community Healthcare Trust by 3.9% in the 1st quarter. UBS Group AG now owns 6,357 shares of the real estate investment trust’s stock valued at $152,000 after buying an additional 238 shares in the last quarter. American International Group Inc. lifted its stake in Community Healthcare Trust by 7.0% in the 1st 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 in the last quarter. Wells Fargo & Company MN lifted its stake in Community Healthcare Trust by 2.4% in the 2nd quarter. Wells Fargo & Company MN now owns 8,515 shares of the real estate investment trust’s stock valued at $218,000 after buying an additional 200 shares in the last quarter. Finally, Voya Investment Management LLC lifted its stake in Community Healthcare Trust by 11.4% in the 2nd quarter. Voya Investment Management LLC now owns 9,828 shares of the real estate investment trust’s stock valued at $251,000 after buying an additional 1,004 shares in the last quarter. 60.22% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on CHCT. BidaskClub lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Zacks Investment Research lowered shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. ValuEngine lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, Evercore ISI raised their price target on shares of Community Healthcare Trust from $25.50 to $26.50 and gave the company an “outperform” rating in a research note on Tuesday, July 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $26.50.

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Community Healthcare Trust Incorporated (NYSE:CHCT) opened at 27.33 on Friday. Community Healthcare Trust Incorporated has a 52 week low of $19.61 and a 52 week high of $27.95. The company has a 50-day moving average of $26.97 and a 200-day moving average of $26.97. The stock has a market capitalization of $346.71 million, a price-to-earnings ratio of 99.74 and a beta of 1.02.

Community Healthcare Trust Profile

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.

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

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