Schwab Charles Investment Management Inc. raised its stake in Quality Care Properties Inc. (NYSE:QCP) by 65.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,017,273 shares of the company’s stock after buying an additional 403,430 shares during the period. Schwab Charles Investment Management Inc. owned about 1.09% of Quality Care Properties worth $18,627,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. ARP Americas LLC bought a new position in shares of Quality Care Properties in the 2nd quarter worth $226,000. Acadian Asset Management LLC increased its holdings in shares of Quality Care Properties by 59.8% in the 2nd quarter. Acadian Asset Management LLC now owns 3,125,151 shares of the company’s stock worth $57,223,000 after buying an additional 1,169,863 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Quality Care Properties by 27.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,087,442 shares of the company’s stock worth $19,911,000 after buying an additional 235,575 shares during the last quarter. Strs Ohio increased its holdings in shares of Quality Care Properties by 5.4% in the 2nd quarter. Strs Ohio now owns 148,781 shares of the company’s stock worth $2,724,000 after buying an additional 7,597 shares during the last quarter. Finally, Balasa Dinverno & Foltz LLC increased its holdings in shares of Quality Care Properties by 16.4% in the 2nd quarter. Balasa Dinverno & Foltz LLC now owns 48,794 shares of the company’s stock worth $893,000 after buying an additional 6,886 shares during the last quarter. 93.98% of the stock is currently owned by hedge funds and other institutional investors.

Quality Care Properties Inc. (QCP) opened at 14.70 on Friday. Quality Care Properties Inc. has a one year low of $11.57 and a one year high of $19.50. The stock has a 50 day moving average of $14.38 and a 200-day moving average of $14.38. The company’s market cap is $1.38 billion.

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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.

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

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