Columbia Partners L L C Investment Management continued to hold its position in shares of Care Capital Properties Inc (NYSE:CCP) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 56,662 shares of the financial services provider’s stock at the end of the second quarter. Columbia Partners L L C Investment Management owned about 0.07% of Care Capital Properties worth $1,512,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Accident Compensation Corp lifted its position in shares of Care Capital Properties by 11.6% in the second quarter. Accident Compensation Corp now owns 46,255 shares of the financial services provider’s stock valued at $1,235,000 after acquiring an additional 4,804 shares in the last quarter. Thrivent Financial For Lutherans lifted its position in shares of Care Capital Properties by 4.0% in the second quarter. Thrivent Financial For Lutherans now owns 39,785 shares of the financial services provider’s stock valued at $1,062,000 after acquiring an additional 1,530 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Care Capital Properties by 19.1% in the second quarter. ProShare Advisors LLC now owns 35,572 shares of the financial services provider’s stock valued at $950,000 after acquiring an additional 5,695 shares in the last quarter. Investment Centers of America Inc. lifted its position in shares of Care Capital Properties by 68.8% in the second quarter. Investment Centers of America Inc. now owns 77,522 shares of the financial services provider’s stock valued at $2,074,000 after acquiring an additional 31,597 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of Care Capital Properties by 7.5% in the second quarter. BlackRock Inc. now owns 9,969,586 shares of the financial services provider’s stock valued at $266,188,000 after acquiring an additional 696,902 shares in the last quarter. Institutional investors and hedge funds own 88.88% of the company’s stock.

A number of brokerages recently commented on CCP. BidaskClub downgraded Care Capital Properties from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Mizuho reiterated a “neutral” rating on shares of Care Capital Properties in a research report on Wednesday, June 28th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company has an average rating of “Hold” and an average target price of $23.67.

Shares of Care Capital Properties Inc (NYSE:CCP) traded up 1.81% during trading on Wednesday, reaching $24.21. The company had a trading volume of 10,513,975 shares. Care Capital Properties Inc has a 12 month low of $22.70 and a 12 month high of $29.17.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/09/20/columbia-partners-l-l-c-investment-management-continues-to-hold-position-in-care-capital-properties-inc-ccp.html.

About Care Capital Properties

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.

Want to see what other hedge funds are holding CCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Care Capital Properties Inc (NYSE:CCP).

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

Receive News & Stock Ratings for Care Capital Properties Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Care Capital Properties Inc and related stocks with our FREE daily email newsletter.