12,598 Shares in Community Healthcare Trust Inc (CHCT) Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP acquired a new position in shares of Community Healthcare Trust Inc (NYSE:CHCT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,598 shares of the real estate investment trust’s stock, valued at approximately $376,000. Dimensional Fund Advisors LP owned about 0.07% of Community Healthcare Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CHCT. BlackRock Inc. raised its position in Community Healthcare Trust by 4.2% in the second quarter. BlackRock Inc. now owns 2,744,655 shares of the real estate investment trust’s stock valued at $81,983,000 after purchasing an additional 109,825 shares during the period. Systematic Financial Management LP raised its position in Community Healthcare Trust by 0.7% in the second quarter. Systematic Financial Management LP now owns 702,740 shares of the real estate investment trust’s stock valued at $20,991,000 after purchasing an additional 5,139 shares during the period. American Century Companies Inc. raised its position in Community Healthcare Trust by 2.6% in the second quarter. American Century Companies Inc. now owns 447,588 shares of the real estate investment trust’s stock valued at $13,369,000 after purchasing an additional 11,491 shares during the period. Millennium Management LLC raised its position in Community Healthcare Trust by 87.9% in the first quarter. Millennium Management LLC now owns 435,885 shares of the real estate investment trust’s stock valued at $11,220,000 after purchasing an additional 203,877 shares during the period. Finally, Eagle Boston Investment Management Inc. raised its position in Community Healthcare Trust by 4.5% in the second quarter. Eagle Boston Investment Management Inc. now owns 339,766 shares of the real estate investment trust’s stock valued at $10,148,000 after purchasing an additional 14,696 shares during the period. 89.89% of the stock is currently owned by institutional investors.

CHCT stock opened at $29.72 on Thursday. The firm has a market capitalization of $542.18 million, a P/E ratio of 21.08 and a beta of 0.80. Community Healthcare Trust Inc has a 12-month low of $22.41 and a 12-month high of $32.81.

A number of research firms have commented on CHCT. B. Riley lifted their target price on Community Healthcare Trust from $28.00 to $32.00 and gave the company a “hold” rating in a research report on Monday, August 13th. Zacks Investment Research upgraded Community Healthcare Trust from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Friday, August 10th. SunTrust Banks restated a “buy” rating and issued a $36.00 target price on shares of Community Healthcare Trust in a research report on Thursday, August 9th. Finally, ValuEngine upgraded Community Healthcare Trust from a “hold” rating to a “buy” rating in a report on Thursday, October 11th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $31.75.

Community Healthcare Trust Company Profile

Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets throughout the United States. The Company had investments of approximately $416.8 million in 91 real estate properties as of June 30, 2018, located in 27 states, totaling approximately 2.1 million square feet.

Further Reading: Institutional Investors

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

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