Russell Investments Group Ltd. increased its stake in Care Capital Properties Inc (NYSE:CCP) by 24.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,980 shares of the financial services provider’s stock after purchasing an additional 6,377 shares during the quarter. Russell Investments Group Ltd.’s holdings in Care Capital Properties were worth $855,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Advisors Asset Management Inc. lifted its holdings in Care Capital Properties by 7.7% in the 1st quarter. Advisors Asset Management Inc. now owns 24,127 shares of the financial services provider’s stock worth $648,000 after purchasing an additional 1,726 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Care Capital Properties in the 1st quarter worth approximately $2,620,000. Parametric Portfolio Associates LLC lifted its holdings in Care Capital Properties by 23.7% in the 1st quarter. Parametric Portfolio Associates LLC now owns 213,906 shares of the financial services provider’s stock worth $5,748,000 after purchasing an additional 41,003 shares during the last quarter. Aperio Group LLC lifted its holdings in Care Capital Properties by 64.4% in the 2nd quarter. Aperio Group LLC now owns 319,598 shares of the financial services provider’s stock worth $8,533,000 after purchasing an additional 125,220 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in Care Capital Properties by 1,745.7% in the 1st quarter. Bank of Montreal Can now owns 8,933 shares of the financial services provider’s stock worth $239,000 after purchasing an additional 8,449 shares during the last quarter. Hedge funds and other institutional investors own 88.88% of the company’s stock.

Several equities research analysts recently weighed in on CCP shares. BidaskClub upgraded Care Capital Properties from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Mizuho restated a “neutral” rating on shares of Care Capital Properties in a report on Wednesday, June 28th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Care Capital Properties currently has an average rating of “Hold” and a consensus target price of $23.67.

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Shares of Care Capital Properties Inc (CCP) traded up 1.81% on Friday, hitting $24.21. The stock had a trading volume of 10,513,975 shares. Care Capital Properties Inc has a 52 week low of $22.70 and a 52 week high of $29.17.

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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