ING Groep NV Purchases New Position in Quality Care Properties Inc. (NYSE:QCP)
ING Groep NV purchased a new position in Quality Care Properties Inc. (NYSE:QCP) during the second quarter, Holdings Channel reports. The firm purchased 17,756 shares of the company’s stock, valued at approximately $325,000.
Separately, Acadian Asset Management LLC raised its position in Quality Care Properties by 59.8% in the second quarter. Acadian Asset Management LLC now owns 3,125,151 shares of the company’s stock valued at $57,223,000 after buying an additional 1,169,863 shares in the last quarter. Hedge funds and other institutional investors own 93.08% of the company’s stock.
Quality Care Properties Inc. (NYSE:QCP) traded down 1.06% during trading on Thursday, hitting $16.73. 99,017 shares of the company traded hands. Quality Care Properties Inc. has a 52 week low of $11.57 and a 52 week high of $19.99. The stock has a market capitalization of $1.57 billion and a PE ratio of 22.67. The company’s 50 day moving average is $17.80 and its 200-day moving average is $18.00.
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Quality Care Properties Company 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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