Community Healthcare Trust Inc (NYSE: CHCT) is 1.56% higher on its value in year-to-date trading and has touched a low of $15.06 and a high of $28.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHCT stock was last observed hovering at around $19.70 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $19.51, the stock is 3.59% and 4.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -0.96% at the moment leaves the stock -6.16% off its SMA200. CHCT registered -25.28% loss for a year compared to 6-month loss of -25.93%. The firm has a 50-day simple moving average (SMA 50) of $18.7208 and a 200-day simple moving average (SMA200) of $20.79165.
The stock witnessed a 6.26% gain in the last 1 month and extending the period to 3 months gives it a 11.87%, and is 4.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.48% over the week and 3.19% over the month.
Community Healthcare Trust Inc (CHCT) has around 37 employees, a market worth around $551.01M and $115.61M in sales. Fwd P/E is 52.73. Profit margin for the company is -2.71%. Distance from 52-week low is 29.55% and -30.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.33%).
with sales reaching $29.85M over the same period.The EPS is expected to shrink by -160.00% this year, but quarterly earnings will post 2.90% year-over-year. Quarterly sales are estimated to grow 2.49% in year-over-year returns.
Community Healthcare Trust Inc (CHCT) Top Institutional Holders
275.0 institutions hold shares in Community Healthcare Trust Inc (CHCT), with institutional investors hold 93.16% of the company’s shares. The shares outstanding are 28.24M, and float is at 26.85M with Short Float at 2.90%. Institutions hold 88.70% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.67 million shares valued at $109.16 million. The investor’s holdings represent 17.7463% of the CHCT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.01 million shares valued at $70.39 million to account for 11.4432 of the shares outstanding. The other top investors are STATE STREET CORP which holds 1.53 million shares representing 5.815% and valued at over $35.77 million, while MACQUARIE GROUP LTD holds 3.623 of the shares totaling 0.95 million with a market value of $22.28 million.
Community Healthcare Trust Inc (CHCT) Insider Activity
The most recent transaction is an insider purchase by Van Horn R. Lawrence, the company’s Director. SEC filings show that Van Horn R. Lawrence bought 10,000 shares of the company’s common stock on Sep 09 ’24 at a price of $16.13 per share for a total of $0.16 million. Following the purchase, the insider now owns 62230.0 shares.
Community Healthcare Trust Inc disclosed in a document filed with the SEC on Aug 13 ’24 that Cotman Cathrine (Director) bought a total of 2,000 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $17.72 per share for $35440.0. Following the transaction, the insider now directly holds 20861.0 shares of the CHCT stock.
Still, SEC filings show that on Aug 05 ’24, Hensley Robert Z (Director) acquired 6,500 shares at an average price of $19.50 for $0.13 million. The insider now directly holds 70,670 shares of Community Healthcare Trust Inc (CHCT).
