TIAA CREF Investment Management LLC Sells 45,124 Shares of Quality Care Properties (QCP)

TIAA CREF Investment Management LLC trimmed its holdings in Quality Care Properties (NYSE:QCP) by 16.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 228,916 shares of the company’s stock after selling 45,124 shares during the quarter. TIAA CREF Investment Management LLC owned 0.24% of Quality Care Properties worth $3,161,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. California Public Employees Retirement System boosted its holdings in Quality Care Properties by 23.4% in the third quarter. California Public Employees Retirement System now owns 387,595 shares of the company’s stock valued at $6,008,000 after purchasing an additional 73,403 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Quality Care Properties by 13.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,312,673 shares of the company’s stock valued at $18,129,000 after purchasing an additional 152,398 shares during the last quarter. Eversept Partners LLC purchased a new stake in Quality Care Properties in the fourth quarter valued at $3,434,000. Two Sigma Investments LP boosted its holdings in Quality Care Properties by 408.7% in the fourth quarter. Two Sigma Investments LP now owns 160,968 shares of the company’s stock valued at $2,223,000 after purchasing an additional 129,326 shares during the last quarter. Finally, Abrams Capital Management L.P. boosted its holdings in Quality Care Properties by 1.6% in the fourth quarter. Abrams Capital Management L.P. now owns 5,077,545 shares of the company’s stock valued at $70,121,000 after purchasing an additional 77,545 shares during the last quarter. 98.47% of the stock is currently owned by institutional investors.

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Several equities research analysts have commented on QCP shares. TheStreet raised shares of Quality Care Properties from a “d” rating to a “c-” rating in a report on Thursday, March 15th. ValuEngine lowered shares of Quality Care Properties from a “buy” rating to a “hold” rating in a report on Friday, February 2nd.

Shares of Quality Care Properties stock opened at $22.70 on Thursday. Quality Care Properties has a fifty-two week low of $12.25 and a fifty-two week high of $22.91. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.43 and a quick ratio of 3.43.

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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.

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

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