Community Healthcare Trust Inc (CHCT) Stake Lowered by Thomson Horstmann & Bryant Inc.

Thomson Horstmann & Bryant Inc. lessened its stake in Community Healthcare Trust Inc (NYSE:CHCT) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 375,607 shares of the real estate investment trust’s stock after selling 27,447 shares during the quarter. Community Healthcare Trust makes up 1.4% of Thomson Horstmann & Bryant Inc.’s holdings, making the stock its 20th biggest position. Thomson Horstmann & Bryant Inc.’s holdings in Community Healthcare Trust were worth $10,554,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its holdings in shares of Community Healthcare Trust by 33.5% in the 3rd quarter. Prudential Financial Inc. now owns 1,582,381 shares of the real estate investment trust’s stock valued at $42,661,000 after buying an additional 397,515 shares during the last quarter. Systematic Financial Management LP boosted its holdings in shares of Community Healthcare Trust by 20.3% in the 3rd quarter. Systematic Financial Management LP now owns 748,026 shares of the real estate investment trust’s stock valued at $20,167,000 after buying an additional 126,413 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Community Healthcare Trust by 2.9% in the 2nd quarter. Royal Bank of Canada now owns 647,412 shares of the real estate investment trust’s stock valued at $16,567,000 after buying an additional 18,152 shares during the last quarter. FMR LLC boosted its holdings in shares of Community Healthcare Trust by 2.8% in the 2nd quarter. FMR LLC now owns 632,864 shares of the real estate investment trust’s stock valued at $16,195,000 after buying an additional 17,028 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Community Healthcare Trust by 11.6% in the 2nd quarter. Vanguard Group Inc. now owns 622,120 shares of the real estate investment trust’s stock valued at $15,920,000 after buying an additional 64,533 shares during the last quarter. 85.49% of the stock is owned by institutional investors.

In other Community Healthcare Trust news, CEO Timothy G. Wallace purchased 10,016 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was acquired at an average price of $26.85 per share, with a total value of $268,929.60. Following the acquisition, the chief executive officer now directly owns 428,060 shares of the company’s stock, valued at approximately $11,493,411. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Timothy G. Wallace purchased 10,099 shares of the business’s stock in a transaction on Monday, December 11th. The shares were acquired 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 directly owns 448,206 shares in the company, valued at $12,070,187.58. The disclosure for this purchase can be found here. Insiders have acquired a total of 25,064 shares of company stock valued at $677,488 in the last ninety days. Insiders own 5.50% of the company’s stock.

Several equities research analysts have recently commented on CHCT shares. ValuEngine downgraded Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Friday, December 1st. B. Riley set a $29.00 price objective on Community Healthcare Trust and gave the company a “neutral” rating in a report on Monday, December 18th. Zacks Investment Research downgraded Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Finally, BidaskClub downgraded Community Healthcare Trust from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $27.75.

Shares of Community Healthcare Trust Inc (CHCT) traded down $0.14 during trading on Wednesday, reaching $26.77. The company’s stock had a trading volume of 129,500 shares, compared to its average volume of 198,367. Community Healthcare Trust Inc has a fifty-two week low of $21.33 and a fifty-two week high of $30.64. The firm has a market cap of $484.16 and a P/E ratio of 121.68.

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

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