State Street Corp Raises Position in Quality Care Properties Inc. (QCP)

State Street Corp boosted its holdings in Quality Care Properties Inc. (NYSE:QCP) by 16.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,421,873 shares of the company’s stock after acquiring an additional 619,691 shares during the period. State Street Corp owned 4.72% of Quality Care Properties worth $80,965,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Riverhead Capital Management LLC grew its stake in Quality Care Properties by 75.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 5,625 shares of the company’s stock valued at $103,000 after acquiring an additional 2,425 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Quality Care Properties by 2.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,425 shares of the company’s stock valued at $118,000 after acquiring an additional 161 shares during the last quarter. Cigna Investments Inc. New acquired a new stake in Quality Care Properties in the 2nd quarter valued at about $186,000. ARP Americas LLC acquired a new stake in Quality Care Properties in the 2nd quarter valued at about $226,000. Finally, Amalgamated Bank acquired a new stake in Quality Care Properties in the 2nd quarter valued at about $237,000. 92.89% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Quality Care Properties Inc. (QCP) opened at 16.49 on Friday. The firm’s market capitalization is $1.55 billion. The company has a 50-day moving average of $15.45 and a 200-day moving average of $15.45. Quality Care Properties Inc. has a 52 week low of $11.57 and a 52 week high of $19.50.

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About Quality Care Properties

Quality Care Properties, Inc is a self-managed and self-administered real estate investment trust. The Company is focused on post-acute/skilled nursing and memory care/assisted living properties. As of June 30, 2016, the Company’s portfolio included 274 post-acute/skilled nursing properties, 62 memory care/assisted living properties, a surgical hospital and a medical office building (MOB) across 30 states of the United States.

Institutional Ownership by Quarter for Quality Care Properties (NYSE:QCP)

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