(NYSE:CCP) by 2.6% during the first quarter, according to its most recent disclosure with the SEC.
WARNING: "Care Capital Properties, Inc".
Other institutional investors have also modified their holdings of the company. US Bancorp DE raised its position in Care Capital Properties by 2.3% in the second quarter. Institutional investors own 87.15% of the company's stock. State Treasurer State of MI raised its position in Care Capital Properties by 1.2% in the second quarter. State of Alaska Department of Revenue now owns 7,523 shares of the financial services provider's stock valued at $201,000 after buying an additional 550 shares during the period. FMR LLC increased its position in shares of Care Capital Properties by 58.8% in the fourth quarter. First Quadrant L P CA now owns 78,704 shares of the financial services provider's stock valued at $2,115,000 after buying an additional 1,567 shares during the last quarter. First Quadrant L P CA raised its position in shares of Care Capital Properties by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 21,900 shares of the financial services provider's stock valued at $585,000 after buying an additional 700 shares during the period. The company rocked its 52-Week High of $31.56 and touched its 52-Week Low of $22.7. The value of the investment in Care Capital Properties, Inc. increased from $1,198,000 to $3,724,000 a change of $2,526,000 for the reporting period. During the session shares traded on above-average volume.
The stock last traded at $24.00 a great deal lower than the 50 day moving average of $25.74 and quite a bit below the 200 day moving average of $26.02.
TIAA CREF Investment Management LLC increased its stake in Care Capital Properties, Inc. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 8.16 and a beta of 0.38.
Care Capital Properties (NYSE:CCP) last posted its earnings results on Tuesday, May 9th. As of quarter end Ameriprise Financial Inc had sold a total of 351 shares trimming its stake by 0.2%. The company made Return on equity of 20.40% in last 12 months period. The firm had revenue of $82.80 million for the quarter, compared to analyst estimates of $83.32 million. The company's a year ago sales total was 82430. On average, equities research analysts anticipate that Care Capital Properties, Inc. will post $2.05 EPS for the current year.
COPYRIGHT VIOLATION NOTICE: "Longfellow Investment Management Co". Finally, Texas Yale Capital Corp. acquired a new position in shares of Care Capital Properties during the first quarter valued at about $203,000. (NYSE CCP) opened at 24.28 on Thursday. If you are reading this piece of content on another site, it was copied illegally and republished in violation of United States & global trademark & copyright law. The original version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/08/12/longfellow-investment-management-co-llc-acquires-new-stake-in-care-capital-properties-inc-nyseccp-updated-updated.html.
CCP has been the subject of several analyst reports. Mizuho reaffirmed a "neutral" rating on shares of Care Capital Properties in a report on Wednesday, June 28th. BidaskClub downgraded shares of Care Capital Properties from a "sell" rating to a "strong sell" rating in a report on Wednesday, August 2nd. Zacks Investment Research raised Care Capital Properties from a "sell" rating to a "hold" rating in a report on Tuesday, May 9th. Finally, 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 lowered Care Capital Properties from a "buy" rating to a "neutral" rating in a report on Monday, May 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock now has a consensus rating of "Hold" and a consensus price target of $26.00. The Firm 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.