Landscape Capital Management L.L.C. Acquires New Position in CareTrust REIT, Inc. $CTRE

Posted by Francis Steltz on Aug 24th, 2026

Landscape Capital Management L.L.C. bought a new position in CareTrust REIT, Inc. (NYSE:CTRE – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 24,343 shares of the company’s stock, valued at approximately $982,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CTRE. BlackRock Inc. purchased a new position in CareTrust REIT during the second quarter valued at approximately $1,643,290,000. Deutsche Bank AG purchased a new stake in shares of CareTrust REIT in the second quarter worth $143,963,000. T. Rowe Price Investment Management Inc. increased its stake in shares of CareTrust REIT by 108.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,493,898 shares of the company’s stock worth $234,820,000 after purchasing an additional 3,379,732 shares in the last quarter. Norges Bank bought a new stake in shares of CareTrust REIT during the 4th quarter valued at $114,810,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of CareTrust REIT during the 2nd quarter valued at $102,162,000. Institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Citigroup reaffirmed a “market outperform” rating on shares of CareTrust REIT in a report on Wednesday, June 10th. Raymond James Financial started coverage on CareTrust REIT in a report on Tuesday, June 16th. They set an “outperform” rating and a $43.00 price target on the stock. Wells Fargo & Company boosted their price objective on CareTrust REIT from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Mizuho set a $45.00 price objective on CareTrust REIT in a research note on Friday, May 22nd. Finally, KeyCorp reiterated an “overweight” rating and set a $46.00 target price on shares of CareTrust REIT in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, CareTrust REIT has an average rating of “Moderate Buy” and a consensus price target of $44.82.

Check Out Our Latest Research Report on CTRE

CareTrust REIT Price Performance

Shares of NYSE:CTRE opened at $39.71 on Monday. 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 firm has a fifty day moving average price of $40.44 and a 200 day moving average price of $39.72. CareTrust REIT, Inc. has a fifty-two week low of $32.79 and a fifty-two week high of $43.62. The firm has a market cap of $9.38 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.56 and a beta of 0.75.

CareTrust REIT (NYSE:CTRE – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.51. The company had revenue of $161.35 million for the quarter. CareTrust REIT had a net margin of 62.19% and a return on equity of 8.52%. CareTrust REIT has set its FY 2026 guidance at 2.030-2.060 EPS. As a group, sell-side analysts expect that CareTrust REIT, Inc. will post 2.05 earnings per share for the current fiscal year.

CareTrust REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, June 30th. CareTrust REIT’s payout ratio is 98.11%.

CareTrust REIT Company Profile

(Free Report)

CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States.

Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets.