Inspire Investing LLC Has $405,000 Stock Holdings in Community Healthcare Trust Incorporated (NYSE:CHCT)

Inspire Investing LLC lowered its position in Community Healthcare Trust Incorporated (NYSE:CHCT) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,068 shares of the real estate investment trust’s stock after selling 1,631 shares during the quarter. Inspire Investing LLC’s holdings in Community Healthcare Trust were worth $405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. American Century Companies Inc. grew its holdings in 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 worth $249,000 after acquiring an additional 552 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Community Healthcare Trust by 1.9% during the second quarter. Dimensional Fund Advisors LP now owns 372,488 shares of the real estate investment trust’s stock worth $8,712,000 after purchasing an additional 6,836 shares during the period. Hsbc Holdings PLC grew its stake in shares of Community Healthcare Trust by 15.1% in the second quarter. Hsbc Holdings PLC now owns 20,320 shares of the real estate investment trust’s stock worth $474,000 after purchasing an additional 2,673 shares during the last quarter. Intech Investment Management LLC acquired a new stake in Community Healthcare Trust in the second quarter valued at $267,000. Finally, Public Sector Pension Investment Board raised its position in Community Healthcare Trust by 8.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 53,842 shares of the real estate investment trust’s stock worth $1,259,000 after purchasing an additional 4,160 shares during the last quarter. Institutional investors own 87.84% of the company’s stock.

Community Healthcare Trust Price Performance

NYSE CHCT opened at $20.14 on Friday. The stock has a market capitalization of $568.61 million, a P/E ratio of -223.72, a P/E/G ratio of 1.32 and a beta of 0.68. The business has a 50 day simple moving average of $18.82 and a 200 day simple moving average of $19.12. Community Healthcare Trust Incorporated has a one year low of $15.06 and a one year high of $28.10.

Community Healthcare Trust (NYSE:CHCT) last released its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.39). The company had revenue of $29.64 million during the quarter, compared to the consensus estimate of $29.06 million. Community Healthcare Trust had a negative net margin of 0.39% and a negative return on equity of 0.09%. During the same quarter in the prior year, the firm earned $0.63 EPS. Equities analysts expect that Community Healthcare Trust Incorporated will post 1.84 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on CHCT. Piper Sandler upped their price target on Community Healthcare Trust from $18.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. StockNews.com raised shares of Community Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Truist Financial raised their price target on shares of Community Healthcare Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $21.25.

Community Healthcare Trust Company 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.