--- title: "BROOKFIELD Corp ON Sells 531,432 Shares of CareTrust REIT, Inc. (NASDAQ:CTRE)" description: "BROOKFIELD Corp ON significantly reduced its stake in CareTrust REIT, Inc. by selling 531,432 shares, leaving it with only 1,284 shares, valued at $35,000. This move represents a 99.8% decrease in hol" type: "news" locale: "en" url: "https://longbridge.com/en/news/239314418.md" published_at: "2025-05-08T10:22:48.000Z" --- # BROOKFIELD Corp ON Sells 531,432 Shares of CareTrust REIT, Inc. (NASDAQ:CTRE) > BROOKFIELD Corp ON significantly reduced its stake in CareTrust REIT, Inc. by selling 531,432 shares, leaving it with only 1,284 shares, valued at $35,000. This move represents a 99.8% decrease in holdings during the fourth quarter. Other investors, including JPMorgan Chase and Bank of New York Mellon, have also adjusted their positions in CareTrust REIT. Analysts have mixed ratings on the stock, with an average target price of $31.00. CareTrust REIT recently increased its quarterly dividend to $0.335, reflecting a positive change from the previous dividend of $0.29. BROOKFIELD Corp ON cut its holdings in shares of CareTrust REIT, Inc. (NASDAQ:CTRE - Free Report) by 99.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,284 shares of the real estate investment trust's stock after selling 531,432 shares during the quarter. BROOKFIELD Corp ON's holdings in CareTrust REIT were worth $35,000 as of its most recent SEC filing. Get **CareTrust REIT** alerts: - 4 Stocks Raising Dividends by More Than 10% Several other large investors have also made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in CareTrust REIT by 381.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,878,379 shares of the real estate investment trust's stock valued at $212,267,000 after purchasing an additional 5,448,904 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of CareTrust REIT by 5.3% in the fourth quarter. Bank of New York Mellon Corp now owns 2,505,883 shares of the real estate investment trust's stock worth $67,784,000 after buying an additional 126,280 shares in the last quarter. Tidal Investments LLC bought a new position in shares of CareTrust REIT during the third quarter worth $576,000. Corient Private Wealth LLC grew its stake in CareTrust REIT by 9.2% during the fourth quarter. Corient Private Wealth LLC now owns 22,481 shares of the real estate investment trust's stock valued at $608,000 after acquiring an additional 1,903 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in CareTrust REIT by 26.9% in the 4th quarter. Rhumbline Advisers now owns 572,664 shares of the real estate investment trust's stock worth $15,491,000 after purchasing an additional 121,328 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors. ## Wall Street Analyst Weigh In A number of research analysts have recently weighed in on the company. Royal Bank of Canada cut their price objective on CareTrust REIT from $37.00 to $32.00 and set an "outperform" rating for the company in a research report on Friday, February 21st. Wedbush restated an "underperform" rating and set a $26.00 price target on shares of CareTrust REIT in a report on Friday, March 14th. Deutsche Bank Aktiengesellschaft raised CareTrust REIT from a "hold" rating to a "buy" rating and set a $31.00 price objective on the stock in a report on Thursday, March 13th. Finally, Wells Fargo & Company cut their target price on shares of CareTrust REIT from $34.00 to $31.00 and set an "overweight" rating for the company in a report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, CareTrust REIT has an average rating of "Moderate Buy" and an average target price of $31.00. **View Our Latest Stock Report on CTRE** ## CareTrust REIT Price Performance NASDAQ:CTRE opened at $28.90 on Tuesday. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 1.25 and a beta of 0.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.82 and a quick ratio of 3.82. The business has a 50 day simple moving average of $27.92 and a 200-day simple moving average of $28.12. CareTrust REIT, Inc. has a 1 year low of $24.35 and a 1 year high of $33.15. CareTrust REIT (NASDAQ:CTRE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.12). CareTrust REIT had a return on equity of 5.59% and a net margin of 42.22%. During the same period in the prior year, the company earned $0.25 earnings per share. Equities analysts forecast that CareTrust REIT, Inc. will post 1.71 EPS for the current year. ## CareTrust REIT Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.335 dividend. This is a positive change from CareTrust REIT's previous quarterly dividend of $0.29. This represents a $1.34 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend was Monday, March 31st. CareTrust REIT's dividend payout ratio is 145.65%. ## About CareTrust REIT (Free Report) CareTrust REIT, Inc's (CareTrust REIT or the Company) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of March 31, 2024, the Company owned directly or through a joint venture and leased to independent operators, 228 skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of 24,189 operational beds and units located in 29 states with the highest concentration of properties by rental income located in California and Texas. ## Recommended Stories - Five stocks we like better than CareTrust REIT - Consumer Staples Stocks, Explained - Monster Beverage Stock: Short Report Risks vs Upside Potential - How to Invest in Small Cap Stocks - Onsemi Stock Confirms Bottom, But What’s the Upside? - How to Use Stock Screeners to Find Stocks - 3 Tech Leaders Announce Buybacks Totaling $85 Billion **Want to see what other hedge funds are holding CTRE?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CareTrust REIT, Inc. (NASDAQ:CTRE - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in CareTrust REIT Right Now? Before you consider CareTrust REIT, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CareTrust REIT wasn't on the list. While CareTrust REIT currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [CTRE.US - Caretrust Reit](https://longbridge.com/en/quote/CTRE.US.md) - [BN.US - Brookfield](https://longbridge.com/en/quote/BN.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 運營不一致：RIDEA 合資企業如何加大 CareTrust REIT 的法律和財務風險 | CareTrust REIT (CTRE) 揭示了與其 RIDEA 合資企業相關的新風險，這可能由於第三方管理者控制日常運營而增加運營和法律風險。這種不一致可能使公司面臨各種責任，可能對其財務表現產生不利影響。CTRE 的平均股票價格目標為 | [Link](https://longbridge.com/en/news/275968590.md) | | Caretrust Reit｜10-K：2025 財年營收 4.76 億美元超過預期 | | [Link](https://longbridge.com/en/news/275809394.md) | | Caretrust Reit｜8-K：2025 財年 Q4 營收 1.35 億美元超過預期 | | [Link](https://longbridge.com/en/news/275808630.md) | | Caretrust Reit 第四季度淨收入增長 | CareTrust REIT 報告第四季度淨收入同比增長 72%，超出分析師預期。該公司第四季度的標準化 FFO 同比增長 18%。CareTrust 以 8.8% 的收益率完成了 5.615 億美元的投資活動。對於 2026 年，該公司預 | [Link](https://longbridge.com/en/news/275809521.md) | | Hi Line Capital Management LLC 減持了 Brookfield Corporation $BN 的股份 | Hi Line Capital Management LLC 在第三季度減少了對 Brookfield Corporation (NYSE:BN) 的持股比例，下降了 31.5%，目前持有 147,158 股，價值 1010 萬美元。其他機 | [Link](https://longbridge.com/en/news/275972860.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.