Aperio Group LLC raised its stake in shares of CareTrust REIT, Inc. (NASDAQ:CTRE) by 7.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,066 shares of the real estate investment trust’s stock after buying an additional 1,320 shares during the period. Aperio Group LLC’s holdings in CareTrust REIT were worth $335,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of CareTrust REIT by 5.6% in the first quarter. Vanguard Group Inc. now owns 10,572,588 shares of the real estate investment trust’s stock valued at $177,831,000 after buying an additional 562,080 shares during the period. BlackRock Inc. raised its position in shares of CareTrust REIT by 2,476.7% in the first quarter. BlackRock Inc. now owns 9,265,924 shares of the real estate investment trust’s stock valued at $155,855,000 after buying an additional 8,906,314 shares during the period. FMR LLC raised its position in shares of CareTrust REIT by 1,036.2% in the first quarter. FMR LLC now owns 6,311,699 shares of the real estate investment trust’s stock valued at $106,163,000 after buying an additional 5,756,172 shares during the period. Bank of New York Mellon Corp raised its position in shares of CareTrust REIT by 4.9% in the first quarter. Bank of New York Mellon Corp now owns 2,452,402 shares of the real estate investment trust’s stock valued at $41,250,000 after buying an additional 113,591 shares during the period. Finally, State Street Corp raised its position in shares of CareTrust REIT by 11.8% in the first quarter. State Street Corp now owns 1,743,435 shares of the real estate investment trust’s stock valued at $29,323,000 after buying an additional 184,451 shares during the period. 89.43% of the stock is currently owned by institutional investors and hedge funds.

CareTrust REIT, Inc. (CTRE) traded up 1.67% during trading on Thursday, reaching $19.47. The company had a trading volume of 248,164 shares. CareTrust REIT, Inc. has a 12 month low of $12.70 and a 12 month high of $19.86.

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CTRE has been the topic of several recent analyst reports. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a $19.00 price target (up previously from $17.00) on shares of CareTrust REIT in a research note on Wednesday, May 17th. BidaskClub raised CareTrust REIT from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Zacks Investment Research raised CareTrust REIT from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Tuesday, May 16th. KeyCorp reissued a “buy” rating and set a $20.00 target price on shares of CareTrust REIT in a research note on Friday, August 25th. Finally, Canaccord Genuity reissued a “buy” rating and set a $19.00 target price on shares of CareTrust REIT in a research note on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $18.25.

CareTrust REIT Company Profile

CareTrust REIT, Inc is a self-administered, self-managed real estate investment trust. The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, its real estate portfolio included 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities and independent living facilities.

Institutional Ownership by Quarter for CareTrust REIT (NASDAQ:CTRE)

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