The Manufacturers Life Insurance Company increased its holdings in shares of Quality Care Properties Inc (NYSE:QCP) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 224,842 shares of the company’s stock after purchasing an additional 17,959 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Quality Care Properties were worth $3,106,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Alps Advisors Inc. purchased a new stake in Quality Care Properties during the 3rd quarter worth approximately $156,000. Engineers Gate Manager LP purchased a new stake in shares of Quality Care Properties in the 3rd quarter valued at approximately $168,000. Citadel Advisors LLC increased its position in shares of Quality Care Properties by 220.0% in the 3rd quarter. Citadel Advisors LLC now owns 14,886 shares of the company’s stock valued at $231,000 after purchasing an additional 27,286 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Quality Care Properties in the 3rd quarter valued at approximately $260,000. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Quality Care Properties in the 4th quarter valued at approximately $282,000. 99.93% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Quality Care Properties Inc (QCP) opened at $18.88 on Wednesday. Quality Care Properties Inc has a 52-week low of $12.25 and a 52-week high of $19.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.43 and a current ratio of 3.43.
Quality Care Properties Profile
Quality Care Properties, Inc is a self-managed and self-administered real estate investment trust. The Company is focused on post-acute/skilled nursing and memory care/assisted living properties. As of June 30, 2016, the Company’s portfolio included 274 post-acute/skilled nursing properties, 62 memory care/assisted living properties, a surgical hospital and a medical office building (MOB) across 30 states of the United States.
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