Insurance giant Prudential has become the first institutional investor to declare a major stake in newly public medical real estate investment vehicle Community Healthcare Trust. Prudential officials on Monday filed papers saying they now own more than 740,000 shares of Brentwood-based Community Healthcare Trust. That equates to a stake of no less than 11.3 percent. Community Healthcare Trust shares (Ticker: CHCT) ended Monday trading at $18.15. They went public at $19 three months ago.
One of the biggest names in the global hedge fund industry likes the look of Delek US Holdings. In a filing with the Securities and Exchange Commision, the managers at Citadel say they now own 5.6 percent of Brentwood-based Delek, which last month said it planned to buy nearly half of Texas-based Alon USA Energy. Chicago-based Citadel, which manages $25 billion in capital, becomes the seventh entity to hold at least 5 percent of Delek.
Shares of Delek (Ticker: DK) are up about 1 percent this morning to $35.75. So far this year, they've climbed about 30 percent.
Glenview Capital, the hedge fund that has made big bets on health care companies in recent years, appears to be a big fan of Brookdale Senior Living. The firm on Monday filed papers with the Securities and Exchange Commission to say it now owns 11.6 million Brookdale shares. That's up from 4 million shares last summer and amounts to 6.3 percent of the Brentwood-based senior care giant, whose shares (Ticker: BKD) are up about 5 percent year to date.
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