Samalin Investment Counsel LLC Invests $518,000 in Community Healthcare Trust Incorporated (NYSE:CHCT)

Samalin Investment Counsel LLC acquired a new stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 26,950 shares of the real estate investment trust’s stock, valued at approximately $518,000. Samalin Investment Counsel LLC owned approximately 0.10% of Community Healthcare Trust at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS purchased a new stake in shares of Community Healthcare Trust in the 4th quarter worth $108,000. Sei Investments Co. lifted its stake in Community Healthcare Trust by 6.9% in the fourth quarter. Sei Investments Co. now owns 232,819 shares of the real estate investment trust’s stock worth $4,472,000 after acquiring an additional 14,972 shares during the period. Intech Investment Management LLC bought a new position in Community Healthcare Trust during the 4th quarter worth about $251,000. Signaturefd LLC grew its holdings in Community Healthcare Trust by 136.1% during the 4th quarter. Signaturefd LLC now owns 1,570 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 905 shares in the last quarter. Finally, AlphaQuest LLC increased its position in Community Healthcare Trust by 86.7% during the 4th quarter. AlphaQuest LLC now owns 35,407 shares of the real estate investment trust’s stock valued at $680,000 after purchasing an additional 16,446 shares during the period. 87.84% of the stock is owned by hedge funds and other institutional investors.

Community Healthcare Trust Price Performance

Shares of CHCT stock opened at $18.14 on Monday. The stock’s fifty day moving average price is $19.22 and its 200 day moving average price is $18.43. Community Healthcare Trust Incorporated has a 1-year low of $15.06 and a 1-year high of $27.62. The company has a market cap of $514.01 million, a price-to-earnings ratio of -78.86, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75.

Community Healthcare Trust (NYSE:CHCT) last released its earnings results on Tuesday, February 18th. The real estate investment trust reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01. Community Healthcare Trust had a negative net margin of 2.75% and a negative return on equity of 0.65%. The company had revenue of $29.30 million during the quarter, compared to analysts’ expectations of $29.85 million. As a group, equities research analysts anticipate that Community Healthcare Trust Incorporated will post 1.85 earnings per share for the current year.

Community Healthcare Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were paid a dividend of $0.4675 per share. This represents a $1.87 annualized dividend and a yield of 10.31%. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.47. Community Healthcare Trust’s payout ratio is presently -813.04%.

Analysts Set New Price Targets

Several brokerages recently issued reports on CHCT. StockNews.com raised shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 8th. Truist Financial lifted their price target on Community Healthcare Trust from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $21.25.

Community Healthcare Trust Profile

Community Healthcare Trust Incorporated (the Company”, we”, our”) was organized in the State of Maryland on March 28, 2014. The Company is a fully-integrated healthcare real estate company that owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers.