Care Capital Properties, Inc. (NYSE:CCP) has been assigned an average rating of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $33.00.

CCP has been the topic of several recent analyst reports. BidaskClub lowered shares of Care Capital Properties from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 2nd. Hilliard Lyons lowered shares of Care Capital Properties from a “buy” rating to a “neutral” rating in a report on Monday, May 8th. Zacks Investment Research upgraded shares of Care Capital Properties from a “sell” rating to a “hold” rating in a report on Tuesday, May 9th. Mizuho restated a “neutral” rating on shares of Care Capital Properties in a report on Wednesday, June 28th. Finally, JMP Securities upgraded shares of Care Capital Properties from an “underperform” rating to a “market perform” rating in a report on Monday, May 8th.

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Care Capital Properties (NYSE:CCP) traded up 1.81% on Wednesday, reaching $24.21. The company’s stock had a trading volume of 10,513,975 shares. Care Capital Properties has a one year low of $22.70 and a one year high of $31.56. The firm has a 50-day moving average of $24.84 and a 200-day moving average of $25.96. The company has a market capitalization of $2.04 billion, a PE ratio of 8.37 and a beta of 0.38.

A number of large investors have recently added to or reduced their stakes in the company. Amalgamated Bank raised its stake in Care Capital Properties by 0.5% in the first quarter. Amalgamated Bank now owns 13,313 shares of the financial services provider’s stock worth $358,000 after buying an additional 65 shares during the period. US Bancorp DE raised its stake in Care Capital Properties by 2.3% in the second quarter. US Bancorp DE now owns 4,509 shares of the financial services provider’s stock worth $120,000 after buying an additional 103 shares during the period. Teachers Retirement System of The State of Kentucky raised its stake in Care Capital Properties by 1.1% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 18,629 shares of the financial services provider’s stock worth $497,000 after buying an additional 200 shares during the period. Liberty Mutual Group Asset Management Inc. raised its stake in Care Capital Properties by 0.9% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 37,869 shares of the financial services provider’s stock worth $1,018,000 after buying an additional 323 shares during the period. Finally, Advantus Capital Management Inc raised its stake in Care Capital Properties by 3.1% in the first quarter. Advantus Capital Management Inc now owns 10,762 shares of the financial services provider’s stock worth $289,000 after buying an additional 328 shares during the period. Institutional investors own 88.88% of the company’s stock.

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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