State of New Jersey Common Pension Fund D Raises Stake in Community Healthcare Trust Incorporated (CHCT)

State of New Jersey Common Pension Fund D grew its holdings in Community Healthcare Trust Incorporated (NYSE:CHCT) by 8.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 326,500 shares of the real estate investment trust’s stock after purchasing an additional 25,000 shares during the period. State of New Jersey Common Pension Fund D owned about 2.57% of Community Healthcare Trust worth $8,803,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CHCT. Bank of New York Mellon Corp increased its holdings in Community Healthcare Trust by 1.5% in the first quarter. Bank of New York Mellon Corp now owns 99,749 shares of the real estate investment trust’s stock worth $2,384,000 after buying an additional 1,495 shares during the last quarter. American International Group Inc. increased its holdings in Community Healthcare Trust by 7.0% in the first quarter. American International Group Inc. now owns 7,759 shares of the real estate investment trust’s stock worth $185,000 after buying an additional 510 shares during the last quarter. FMR LLC increased its holdings in Community Healthcare Trust by 0.5% in the first quarter. FMR LLC now owns 615,836 shares of the real estate investment trust’s stock worth $14,719,000 after buying an additional 3,000 shares during the last quarter. TIAA CREF Investment Management LLC increased its holdings in Community Healthcare Trust by 19.6% in the first quarter. TIAA CREF Investment Management LLC now owns 43,893 shares of the real estate investment trust’s stock worth $1,049,000 after buying an additional 7,201 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Community Healthcare Trust by 6.0% in the first quarter. PNC Financial Services Group Inc. now owns 14,140 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 800 shares during the last quarter. Institutional investors own 60.33% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was published by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another site, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/11/01/state-of-new-jersey-common-pension-fund-d-raises-stake-in-community-healthcare-trust-incorporated-chct.html.

A number of equities analysts recently commented on CHCT shares. Evercore ISI increased their price objective on Community Healthcare Trust from $25.50 to $26.50 and gave the stock an “outperform” rating in a report on Tuesday, July 4th. Zacks Investment Research raised Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. BidaskClub cut Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, ValuEngine cut Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $26.50.

Shares of Community Healthcare Trust Incorporated (CHCT) opened at 27.43 on Wednesday. The company has a market cap of $347.98 million, a PE ratio of 100.11 and a beta of 1.02. Community Healthcare Trust Incorporated has a 12 month low of $19.61 and a 12 month high of $27.99. The firm’s 50-day moving average price is $27.24 and its 200-day moving average price is $25.85.

About Community Healthcare Trust

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)

What are top analysts saying about Community Healthcare Trust Incorporated? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Community Healthcare Trust Incorporated and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit