Public Employees Retirement System of Ohio Acquires New Stake in CareTrust REIT, Inc. $CTRE

Posted by Brenda Bartman on Sep 1st, 2026

Public Employees Retirement System of Ohio acquired a new stake in CareTrust REIT, Inc. (NYSE:CTRE – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 254,408 shares of the company’s stock, valued at approximately $10,265,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in shares of CareTrust REIT by 36.4% in the first quarter. Royal Bank of Canada now owns 179,501 shares of the company’s stock worth $5,129,000 after buying an additional 47,936 shares in the last quarter. NewEdge Advisors LLC grew its stake in CareTrust REIT by 11.3% during the 1st quarter. NewEdge Advisors LLC now owns 33,628 shares of the company’s stock valued at $961,000 after acquiring an additional 3,408 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in CareTrust REIT by 134.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,124 shares of the company’s stock valued at $34,000 after acquiring an additional 644 shares during the last quarter. First Trust Advisors LP raised its holdings in CareTrust REIT by 67.6% in the 2nd quarter. First Trust Advisors LP now owns 245,154 shares of the company’s stock valued at $7,502,000 after acquiring an additional 98,850 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in CareTrust REIT by 310.1% in the 2nd quarter. Cerity Partners LLC now owns 36,640 shares of the company’s stock worth $1,121,000 after purchasing an additional 27,706 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on CareTrust REIT from $42.00 to $47.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Raymond James Financial assumed coverage on CareTrust REIT in a report on Tuesday, June 16th. They issued an “outperform” rating and a $43.00 price target for the company. Weiss Ratings downgraded CareTrust REIT from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, August 21st. Mizuho set a $45.00 target price on CareTrust REIT in a report on Friday, May 22nd. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $46.00 target price on shares of CareTrust REIT in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $44.82.

Read Our Latest Stock Analysis on CTRE

CareTrust REIT Stock Performance

CareTrust REIT stock opened at $38.96 on Tuesday. The firm has a 50 day simple moving average of $40.74 and a 200-day simple moving average of $39.78. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 24.50, a price-to-earnings-growth ratio of 1.54 and a beta of 0.75. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.57 and a quick ratio of 0.57. CareTrust REIT, Inc. has a 1-year low of $32.79 and a 1-year high of $43.62.

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

CareTrust REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.39 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.56 dividend on an annualized basis and a yield of 4.0%. CareTrust REIT’s payout ratio is currently 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.