Citadel Advisors LLC acquired a new position in Community Healthcare Trust Incorporated (NYSE:CHCT) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 16,123 shares of the real estate investment trust’s stock, valued at approximately $435,000. Citadel Advisors LLC owned approximately 0.09% of Community Healthcare Trust as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Prudential Financial Inc. lifted its holdings in Community Healthcare Trust by 33.5% in the 3rd quarter. Prudential Financial Inc. now owns 1,582,381 shares of the real estate investment trust’s stock valued at $42,661,000 after purchasing an additional 397,515 shares in the last quarter. Systematic Financial Management LP lifted its holdings in Community Healthcare Trust by 20.3% in the 3rd quarter. Systematic Financial Management LP now owns 748,026 shares of the real estate investment trust’s stock valued at $20,167,000 after purchasing an additional 126,413 shares in the last quarter. Royal Bank of Canada lifted its holdings in Community Healthcare Trust by 2.9% in the 2nd quarter. Royal Bank of Canada now owns 647,412 shares of the real estate investment trust’s stock valued at $16,567,000 after purchasing an additional 18,152 shares in the last quarter. FMR LLC lifted its holdings in Community Healthcare Trust by 2.8% in the 2nd quarter. FMR LLC now owns 632,864 shares of the real estate investment trust’s stock valued at $16,195,000 after purchasing an additional 17,028 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Community Healthcare Trust by 11.6% in the 2nd quarter. Vanguard Group Inc. now owns 622,120 shares of the real estate investment trust’s stock valued at $15,920,000 after purchasing an additional 64,533 shares in the last quarter. Institutional investors and hedge funds own 85.49% of the company’s stock.

A number of research analysts have issued reports on CHCT shares. Zacks Investment Research lowered shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. BidaskClub upgraded shares of Community Healthcare Trust from a “hold” rating to a “buy” rating in a report on Wednesday, September 20th. Finally, ValuEngine lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $26.50.

In other Community Healthcare Trust news, CEO Timothy G. Wallace bought 10,016 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was purchased at an average price of $26.85 per share, with a total value of $268,929.60. Following the transaction, the chief executive officer now owns 428,060 shares in the company, valued at $11,493,411. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Timothy G. Wallace bought 10,099 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were acquired at an average cost of $26.93 per share, with a total value of $271,966.07. Following the transaction, the chief executive officer now owns 448,206 shares in the company, valued at approximately $12,070,187.58. The disclosure for this purchase can be found here. Corporate insiders own 5.50% of the company’s stock.

Community Healthcare Trust Incorporated (NYSE CHCT) opened at $27.11 on Wednesday. Community Healthcare Trust Incorporated has a one year low of $21.33 and a one year high of $29.16. The company has a market cap of $486.33, a PE ratio of 18.55 and a beta of 0.99.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were paid a dividend of $0.395 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 5.83%. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.39. Community Healthcare Trust’s dividend payout ratio is currently 752.42%.

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Community Healthcare Trust Company 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.

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

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