Beacon Pointe Advisors Adds $286K in CareTrust REIT, Inc. ($CTRE)

Beacon Pointe Advisors has boosted its stake in CareTrust REIT, Inc. (NYSE: CTRE), adding 7,098 shares during the recent reporting period. This move raised their holdings by 2.93% to a total of 249,016 shares, valued at approximately $9.23 million, according to the latest Form 13F filing with the SEC.

What Changed in Beacon Pointe Advisors' CareTrust REIT Position

Beacon Pointe Advisors increased their investment in CareTrust REIT by adding 7,098 shares, bringing their total to 249,016 shares. This represents a 2.93% increase from their previous holding of 241,918 shares. The value of their stake now stands at about $9.23 million.

Other Institutional Activity in CareTrust REIT

In other institutional moves, BlackRock, Inc. reduced its position by 5,872,569 shares, ending with 35,876,497 shares worth about $1.31 billion. Vanguard Portfolio Management LLC added 19,901,022 shares, bringing its total to 19,901,022 shares valued at $729.37 million. State Street Corp trimmed its holdings by 390,942 shares, now holding 12,035,271 shares valued at $445.72 million. Cohen & Steers, Inc. cut its position by 4,493,546 shares, ending with 11,983,376 shares worth about $439.19 million. Wellington Management Group LLP reduced its holdings by 534,884 shares, resulting in 11,821,082 shares valued at $433.24 million.

CareTrust REIT, Inc. Stock Up 3.4%

Shares of CareTrust REIT (NYSE: CTRE) recently traded at around $37.06. The company has a market capitalization of $8.75 billion and a P/E ratio of 23.46. Its beta is 0.786, indicating lower volatility compared to the market. The stock's 52-week range is between $29.91 and $43.08, with a 50-day moving average of $39.36 and a 200-day moving average of $37.41. CareTrust REIT's current ratio is 2.111 and its quick ratio is 1.751, with a debt-to-equity ratio of 71.948.

Recent Earnings

CareTrust REIT reported revenue of $522.56 million with a growth rate of 3.2%. The company's net margin stands at 64.1%, and it has a return on equity of 9.4%. The next earnings report is scheduled for August 10, 2026.

Dividend

CareTrust REIT offers an annual dividend rate of $1.56 per share, yielding 4.21%. The dividend payout ratio is 88.29%.

Insider Buying and Selling at CareTrust REIT, Inc.

On January 31, 2026, several insider transactions were reported. James Callister, CIO and Secretary, bought 58,379 shares, while also selling 46,267 shares at an average price of $37.34. Lauren Beale, Chief Accounting Officer, sold 12,208 shares at $37.34. Additionally, President and CEO David Sedgwick purchased 99,240 shares.

Analysts Set New Price Targets

On June 17, 2026, Raymond James reinstated its buy rating on CareTrust REIT with a price target of $43. BMO Capital maintained its buy rating with a $47 target on June 15, 2026. Wells Fargo also maintained a buy rating, setting a target of $47 on June 1, 2026. The consensus among 13 analysts is a strong buy, with a mean target price of $45.31.

About CareTrust REIT

CareTrust REIT, Inc. is a real estate investment trust based in Dana Point, California. The company specializes in the ownership, acquisition, financing, development, and leasing of healthcare-related properties, including skilled nursing facilities and senior housing. Led by CEO David M. Sedgwick, CareTrust REIT operates properties across 32 states and the United Kingdom, managing a significant number of operational beds and units.

Bottom Line

Beacon Pointe Advisors' recent increase in its CareTrust REIT position suggests a positive outlook on the company. CareTrust's stable market presence, coupled with its solid financial metrics and attractive dividend yield, makes it a noteworthy player in the REIT sector. Investors often track 13F filings for insights into institutional sentiment, but it's important to remember these filings reflect past positions and may not indicate current holdings.