Community Healthcare Trust Incorporated (CHCT) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,933 shares of the real estate investment trust’s stock after selling 323 shares during the period. JPMorgan Chase & Co. owned about 0.18% of Community Healthcare Trust worth $548,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. FMR LLC boosted its position in Community Healthcare Trust by 6.6% in the fourth quarter. FMR LLC now owns 612,836 shares of the real estate investment trust’s stock valued at $14,113,000 after buying an additional 37,762 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its position in Community Healthcare Trust by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,678 shares of the real estate investment trust’s stock valued at $246,000 after buying an additional 32 shares during the last quarter. Teachers Advisors LLC boosted its position in Community Healthcare Trust by 37.9% in the fourth quarter. Teachers Advisors LLC now owns 27,600 shares of the real estate investment trust’s stock worth $636,000 after buying an additional 7,582 shares during the last quarter. Bank of Montreal Can purchased a new position in Community Healthcare Trust during the first quarter worth about $172,000. Finally, Thomson Horstmann & Bryant Inc. boosted its position in Community Healthcare Trust by 21.5% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 304,950 shares of the real estate investment trust’s stock worth $7,288,000 after buying an additional 54,050 shares during the last quarter. Institutional investors and hedge funds own 59.02% of the company’s stock.

Shares of Community Healthcare Trust Incorporated (CHCT) traded up 0.12% during mid-day trading on Friday, reaching $24.56. The company’s stock had a trading volume of 86,887 shares. The firm has a market cap of $311.57 million, a PE ratio of 89.64 and a beta of 1.04. The firm’s 50 day moving average is $25.19 and its 200 day moving average is $24.46. Community Healthcare Trust Incorporated has a one year low of $19.61 and a one year high of $26.50.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 28th will be given a dividend of $0.3925 per share. This is an increase from Community Healthcare Trust’s previous quarterly dividend of $0.39. This represents a $1.57 annualized dividend and a yield of 6.39%. The ex-dividend date of this dividend is Thursday, August 24th. Community Healthcare Trust’s dividend payout ratio (DPR) is presently 577.80%.

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A number of research analysts have commented on CHCT shares. ValuEngine lowered Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Zacks Investment Research lowered Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Evercore ISI increased their target price on Community Healthcare Trust from $25.50 to $26.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 4th.

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.

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

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