ValuEngine Downgrades Community Healthcare Trust (CHCT) to Hold

Community Healthcare Trust (NYSE:CHCT) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. BidaskClub downgraded shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $26.50.

Community Healthcare Trust (CHCT) traded down $0.05 during trading on Friday, hitting $27.21. 208,539 shares of the stock were exchanged, compared to its average volume of 234,806. Community Healthcare Trust has a one year low of $21.14 and a one year high of $29.16. The firm has a market cap of $492.12, a P/E ratio of 18.77 and a beta of 0.99.

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of Community Healthcare Trust by 20.9% during the 1st quarter. Bank of America Corp DE now owns 5,141 shares of the real estate investment trust’s stock worth $123,000 after buying an additional 888 shares during the last quarter. UBS Group AG lifted its stake in Community Healthcare Trust by 3.9% in the 1st quarter. UBS Group AG now owns 6,357 shares of the real estate investment trust’s stock valued at $152,000 after purchasing an additional 238 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in Community Healthcare Trust in the 2nd quarter valued at about $201,000. Arrowstreet Capital Limited Partnership acquired a new stake in Community Healthcare Trust in the 2nd quarter valued at about $204,000. Finally, First Allied Advisory Services Inc. acquired a new stake in Community Healthcare Trust in the 3rd quarter valued at about $214,000. Institutional investors own 85.54% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at https://www.com-unik.info/2017/12/03/valuengine-downgrades-community-healthcare-trust-chct-to-hold.html.

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.

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