BlackRock Inc. Acquires 358,280 Shares of Quality Care Properties Inc (QCP)

BlackRock Inc. increased its holdings in shares of Quality Care Properties Inc (NYSE:QCP) by 2.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,880,116 shares of the company’s stock after purchasing an additional 358,280 shares during the period. BlackRock Inc. owned 15.80% of Quality Care Properties worth $320,070,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Wells Fargo & Company MN grew its position in shares of Quality Care Properties by 5.7% in the 1st quarter. Wells Fargo & Company MN now owns 174,916 shares of the company’s stock valued at $3,398,000 after buying an additional 9,380 shares during the last quarter. Swiss National Bank grew its position in shares of Quality Care Properties by 1.9% in the 1st quarter. Swiss National Bank now owns 162,761 shares of the company’s stock valued at $3,162,000 after buying an additional 3,000 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of Quality Care Properties by 9.1% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 1,431,875 shares of the company’s stock valued at $27,822,000 after buying an additional 119,202 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Quality Care Properties by 48.0% in the 1st quarter. Thrivent Financial for Lutherans now owns 54,704 shares of the company’s stock valued at $1,063,000 after buying an additional 17,750 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Quality Care Properties by 4.4% in the 1st quarter. Northern Trust Corp now owns 1,914,568 shares of the company’s stock valued at $37,200,000 after buying an additional 80,664 shares during the last quarter. Hedge funds and other institutional investors own 99.85% of the company’s stock.

NYSE QCP opened at $20.74 on Friday. Quality Care Properties Inc has a 12 month low of $12.25 and a 12 month high of $22.91. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.23 and a quick ratio of 3.23.

Quality Care Properties Company Profile

Quality Care Properties, Inc is one of the nation's largest actively managed real estate companies focused on post-acute/skilled nursing and memory care/assisted living properties. QCP's properties are located in 29 states and include 257 post-acute/skilled nursing properties, 61 memory care/assisted living properties, a surgical hospital and a medical office building.

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Institutional Ownership by Quarter for Quality Care Properties (NYSE:QCP)

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