Rhumbline Advisers raised its position in shares of Care Capital Properties, Inc. (NYSE:CCP) by 12.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 193,836 shares of the financial services provider’s stock after buying an additional 21,817 shares during the period. Rhumbline Advisers owned 0.23% of Care Capital Properties worth $5,175,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Care Capital Properties by 1.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 82,233 shares of the financial services provider’s stock worth $2,210,000 after buying an additional 1,120 shares in the last quarter. State Treasurer State of Michigan increased its position in shares of Care Capital Properties by 1.2% in the first quarter. State Treasurer State of Michigan now owns 34,200 shares of the financial services provider’s stock worth $919,000 after buying an additional 400 shares in the last quarter. American National Insurance Co. TX acquired a new position in shares of Care Capital Properties during the first quarter worth $706,000. Geneva Advisors LLC acquired a new position in shares of Care Capital Properties during the first quarter worth $1,060,000. Finally, Tocqueville Asset Management L.P. increased its position in shares of Care Capital Properties by 13.2% in the first quarter. Tocqueville Asset Management L.P. now owns 30,889 shares of the financial services provider’s stock worth $830,000 after buying an additional 3,600 shares in the last quarter. 88.88% of the stock is owned by institutional investors and hedge funds.

Shares of Care Capital Properties, Inc. (CCP) opened at 24.21 on Friday. The company’s 50 day moving average is $24.84 and its 200 day moving average is $25.96. Care Capital Properties, Inc. has a 12 month low of $22.70 and a 12 month high of $31.56.

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A number of equities analysts have weighed in on the stock. JMP Securities raised shares of Care Capital Properties from an “underperform” rating to a “market perform” rating in a research note on Monday, May 8th. Hilliard Lyons downgraded shares of Care Capital Properties from a “buy” rating to a “neutral” rating in a research note on Monday, May 8th. BidaskClub raised shares of Care Capital Properties from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 28th. Mizuho reaffirmed a “neutral” rating on shares of Care Capital Properties in a research note on Wednesday, June 28th. Finally, Zacks Investment Research raised shares of Care Capital Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $26.00.

Care Capital Properties Company Profile

Care Capital Properties, Inc is a self-administered, self-managed real estate investment trust with a diversified portfolio of skilled nursing facilities (SNFs) and other healthcare assets operated by private regional and local care providers. The Company leases its properties to unaffiliated tenants under long-term triple-net leases, pursuant to which the tenants are obligated to pay all property-related expenses, including maintenance, utilities, repairs and taxes.

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Institutional Ownership by Quarter for Care Capital Properties (NYSE:CCP)

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