M&T Bank Corp cut its position in Care Capital Properties Inc (NYSE:CCP) by 5.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 17,269 shares of the financial services provider’s stock after selling 1,052 shares during the period. M&T Bank Corp’s holdings in Care Capital Properties were worth $461,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of CCP. Enterprise Financial Services Corp raised its holdings in Care Capital Properties by 432.0% in the second quarter. Enterprise Financial Services Corp now owns 3,841 shares of the financial services provider’s stock worth $103,000 after buying an additional 3,119 shares during the last quarter. US Bancorp DE raised its holdings 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 last quarter. Achmea Investment Management B.V. purchased a new position in Care Capital Properties in the first quarter worth about $169,000. LS Investment Advisors LLC raised its holdings in Care Capital Properties by 20.5% in the second quarter. LS Investment Advisors LLC now owns 6,873 shares of the financial services provider’s stock worth $184,000 after buying an additional 1,169 shares during the last quarter. Finally, GAM Holding AG raised its holdings in Care Capital Properties by 5.7% in the second quarter. GAM Holding AG now owns 7,361 shares of the financial services provider’s stock worth $197,000 after buying an additional 400 shares during the last quarter. 88.88% of the stock is owned by institutional investors and hedge funds.

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Shares of Care Capital Properties Inc (NYSE CCP) opened at 24.21 on Friday. Care Capital Properties Inc has a 52 week low of $22.70 and a 52 week high of $27.28.

Several research analysts have issued reports on the stock. BidaskClub raised shares of Care Capital Properties from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Mizuho reaffirmed a “neutral” rating on shares of Care Capital Properties in a report on Wednesday, June 28th.

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.

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

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