News stories about Community Healthcare Trust (NYSE:CHCT) have been trending somewhat positive on Sunday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Community Healthcare Trust earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.9817553684196 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of research firms recently weighed in on CHCT. B. Riley set a $29.00 price objective on shares of Community Healthcare Trust and gave the company a “neutral” rating in a research note on Monday, December 18th. Zacks Investment Research upgraded shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. BidaskClub upgraded shares of Community Healthcare Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 20th. Finally, ValuEngine lowered shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Community Healthcare Trust has an average rating of “Hold” and a consensus target price of $27.75.
Community Healthcare Trust (NYSE:CHCT) opened at $28.42 on Friday. The company has a market cap of $514.00 and a price-to-earnings ratio of 129.18. Community Healthcare Trust has a 1 year low of $21.33 and a 1 year high of $30.64.
In related news, CEO Timothy G. Wallace acquired 10,099 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was bought at an average cost of $26.93 per share, with a total value of $271,966.07. Following the acquisition, the chief executive officer now owns 448,206 shares of the company’s stock, valued at approximately $12,070,187.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy G. Wallace acquired 4,949 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were bought at an average cost of $27.60 per share, with a total value of $136,592.40. Following the completion of the acquisition, the chief executive officer now directly owns 463,222 shares in the company, valued at approximately $12,784,927.20. The disclosure for this purchase can be found here. Insiders have bought a total of 25,064 shares of company stock valued at $677,488 over the last 90 days. Company insiders own 5.50% of the company’s stock.
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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.
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