SG Americas Securities LLC Acquires 618 Shares of Community Healthcare Trust Incorporated (NYSE:CHCT)

SG Americas Securities LLC increased its stake in shares of Community Healthcare Trust Incorporated (NYSE:CHCT) by 6.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,770 shares of the real estate investment trust’s stock after acquiring an additional 618 shares during the quarter. SG Americas Securities LLC’s holdings in Community Healthcare Trust were worth $177,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Community Healthcare Trust by 1.8% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 29,755 shares of the real estate investment trust’s stock valued at $790,000 after buying an additional 527 shares during the period. American Century Companies Inc. boosted its position in shares of Community Healthcare Trust by 5.5% during the 2nd quarter. American Century Companies Inc. now owns 10,625 shares of the real estate investment trust’s stock valued at $249,000 after acquiring an additional 552 shares in the last quarter. Illinois Municipal Retirement Fund increased its stake in Community Healthcare Trust by 3.9% in the first quarter. Illinois Municipal Retirement Fund now owns 14,703 shares of the real estate investment trust’s stock valued at $390,000 after acquiring an additional 558 shares during the period. Price T Rowe Associates Inc. MD raised its position in Community Healthcare Trust by 5.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,686 shares of the real estate investment trust’s stock worth $444,000 after purchasing an additional 919 shares in the last quarter. Finally, TBH Global Asset Management LLC lifted its stake in Community Healthcare Trust by 4.8% during the first quarter. TBH Global Asset Management LLC now owns 23,832 shares of the real estate investment trust’s stock worth $633,000 after purchasing an additional 1,100 shares during the period. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Evercore ISI upgraded Community Healthcare Trust from an “underperform” rating to an “inline” rating and lowered their price objective for the company from $21.00 to $18.00 in a research note on Monday, September 16th. Truist Financial lowered their price target on Community Healthcare Trust from $30.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday, August 30th. Piper Sandler cut their price objective on Community Healthcare Trust from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, September 9th. Robert W. Baird lowered their target price on shares of Community Healthcare Trust from $29.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, July 31st. Finally, StockNews.com cut shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $20.75.

Insider Transactions at Community Healthcare Trust

In other news, Director Robert Z. Hensley acquired 6,500 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were purchased at an average cost of $19.50 per share, for a total transaction of $126,750.00. Following the transaction, the director now owns 70,670 shares of the company’s stock, valued at approximately $1,378,065. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO David H. Dupuy acquired 10,000 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average price of $19.48 per share, for a total transaction of $194,800.00. Following the transaction, the chief executive officer now directly owns 363,565 shares in the company, valued at approximately $7,082,246.20. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert Z. Hensley acquired 6,500 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were acquired at an average price of $19.50 per share, for a total transaction of $126,750.00. Following the acquisition, the director now directly owns 70,670 shares in the company, valued at $1,378,065. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 4.00% of the company’s stock.

Community Healthcare Trust Price Performance

NYSE CHCT opened at $16.93 on Thursday. The stock’s 50 day simple moving average is $17.54 and its 200 day simple moving average is $21.60. Community Healthcare Trust Incorporated has a one year low of $15.06 and a one year high of $29.16. The firm has a market cap of $468.98 million, a PE ratio of 26.45, a price-to-earnings-growth ratio of 1.13 and a beta of 0.69.

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.