Arrowstreet Capital Limited Partnership Grows Position in Quality Care Properties Inc. (QCP)

Arrowstreet Capital Limited Partnership increased its holdings in Quality Care Properties Inc. (NYSE:QCP) by 475.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 970,844 shares of the company’s stock after purchasing an additional 802,019 shares during the quarter. Arrowstreet Capital Limited Partnership owned 1.04% of Quality Care Properties worth $17,776,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Teacher Retirement System of Texas raised its holdings in shares of Quality Care Properties by 0.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 34,581 shares of the company’s stock worth $633,000 after purchasing an additional 122 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Quality Care Properties by 2.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,425 shares of the company’s stock valued at $118,000 after acquiring an additional 161 shares during the period. Texas Permanent School Fund raised its holdings in shares of Quality Care Properties by 0.8% during the second quarter. Texas Permanent School Fund now owns 68,336 shares of the company’s stock valued at $1,251,000 after acquiring an additional 573 shares during the period. Arizona State Retirement System raised its holdings in shares of Quality Care Properties by 1.5% during the second quarter. Arizona State Retirement System now owns 39,500 shares of the company’s stock valued at $723,000 after acquiring an additional 600 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of Quality Care Properties by 5.4% during the second quarter. Sei Investments Co. now owns 46,622 shares of the company’s stock valued at $854,000 after acquiring an additional 2,370 shares during the period. Institutional investors and hedge funds own 93.98% of the company’s stock.

Quality Care Properties Inc. (NYSE QCP) traded up 0.74% during midday trading on Wednesday, hitting $16.27. 28,424 shares of the stock were exchanged. The firm’s market capitalization is $1.53 billion. Quality Care Properties Inc. has a one year low of $11.57 and a one year high of $19.50. The company has a 50 day moving average price of $15.10 and a 200 day moving average price of $15.10.

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

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