CareTrust REIT, Inc. $CTRE Position Cut by ProShare Advisors LLC

ProShare Advisors LLC trimmed its position in CareTrust REIT, Inc. (NYSE:CTRE) by 82.2% in the third quarter, Holdings Channel.com reports. The firm owned 39,182 shares of the company’s stock after selling 181,299 shares during the period. ProShare Advisors LLC’s holdings in CareTrust REIT were worth $1,433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CTRE. BlackRock Inc. acquired a new position in CareTrust REIT during the 2nd quarter valued at about $1,643,290,000. Deutsche Bank AG acquired a new stake in shares of CareTrust REIT during the 2nd quarter worth approximately $143,963,000. Dimensional Fund Advisors LP raised its stake in shares of CareTrust REIT by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 3,333,252 shares of the company’s stock worth $122,164,000 after buying an additional 61,417 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of CareTrust REIT during the second quarter worth approximately $102,162,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of CareTrust REIT by 35,170.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,411,896 shares of the company’s stock worth $56,970,000 after buying an additional 1,407,893 shares during the last quarter. 87.77% of the stock is owned by institutional investors.

Key Stories Impacting CareTrust REIT

Here are the key news stories impacting CareTrust REIT this week:

• Positive Sentiment: Third-quarter FFO was $0.54 per share, above the $0.52 consensus and up from $0.45 a year earlier. Revenue reached $176.4 million, also topping estimates cited in the reports. The earnings and revenue beats support the case for improving performance. CareTrust REIT Q3 FFO and Revenues Beat Estimates
• Positive Sentiment: CareTrust projected 2026 normalized FFO of $2.08–$2.09 per share. The outlook offers investors a forward earnings benchmark; the company also expects LNT conversions to RIDEA to begin in 2027. CareTrust projects 2026 normalized FFO per share
• Neutral Sentiment: CareTrust was included among five REITs highlighted for generous dividends after favorable third-quarter results. This may reinforce its appeal to income-focused investors, though the article does not report a dividend increase. 5 REIT Stocks With Generous Dividends to Consider After Q3 Earnings

Analyst Ratings Changes

CTRE has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price objective on shares of CareTrust REIT from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. BMO Capital Markets dropped their target price on shares of CareTrust REIT from $47.00 to $45.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. Wedbush set a $44.00 price target on CareTrust REIT in a research note on Tuesday, October 13th. KeyCorp restated an “overweight” rating on shares of CareTrust REIT in a research report on Tuesday, October 6th. Finally, Wall Street Zen lowered CareTrust REIT from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CareTrust REIT presently has an average rating of “Moderate Buy” and an average target price of $43.64.

CareTrust REIT Trading Up 2.9%

NYSE:CTRE traded up $1.08 during trading hours on Friday, hitting $38.26. The stock had a trading volume of 3,345,692 shares, compared to its average volume of 2,559,172. The business’s 50 day moving average is $37.28 and its 200-day moving average is $38.98. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market cap of $9.04 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 1.28 and a beta of 0.77. CareTrust REIT, Inc. has a one year low of $34.74 and a one year high of $43.62.

CareTrust REIT (NYSE:CTRE) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. The company had revenue of $176.36 million for the quarter. Sell-side analysts anticipate that CareTrust REIT, Inc. will post 2.07 EPS for the current fiscal year.

CareTrust REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.39 per share. The ex-dividend date was Wednesday, September 30th. This represents a $1.56 annualized dividend and a yield of 4.1%. CareTrust REIT’s payout ratio is currently 98.11%.

CareTrust REIT Company Profile

CareTrust REIT, Inc is a healthcare-focused real estate investment trust that owns, acquires, and manages properties used by healthcare providers. Its portfolio primarily includes skilled nursing facilities, assisted living communities, independent living facilities, and other senior housing and healthcare-related properties.

The company generally leases its properties to healthcare operators under long-term, often triple-net lease agreements. Under these arrangements, tenants typically assume responsibility for property-level expenses such as taxes, insurance, and maintenance, while CareTrust focuses on owning and managing the underlying real estate and supporting its operating partners.

CareTrust was formed in 2014 through the spin-off of healthcare properties from The Ensign Group.