Barclays PLC Has $1.92 Million Position in Quality Care Properties Inc (QCP)

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Barclays PLC decreased its position in shares of Quality Care Properties Inc (NYSE:QCP) by 50.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,675 shares of the company’s stock after selling 101,798 shares during the period. Barclays PLC owned about 0.10% of Quality Care Properties worth $1,916,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in QCP. BlackRock Inc. increased its position in shares of Quality Care Properties by 4.9% in the 1st quarter. BlackRock Inc. now owns 14,521,836 shares of the company’s stock worth $282,159,000 after purchasing an additional 684,668 shares during the last quarter. Silver Point Capital L.P. boosted its holdings in shares of Quality Care Properties by 17.7% in the 4th quarter. Silver Point Capital L.P. now owns 7,530,000 shares of the company’s stock valued at $103,989,000 after buying an additional 1,133,000 shares during the period. Abrams Capital Management L.P. boosted its holdings in shares of Quality Care Properties by 37.9% in the 1st quarter. Abrams Capital Management L.P. now owns 7,000,000 shares of the company’s stock valued at $136,010,000 after buying an additional 1,922,455 shares during the period. Long Pond Capital LP boosted its holdings in shares of Quality Care Properties by 24.8% in the 1st quarter. Long Pond Capital LP now owns 4,881,329 shares of the company’s stock valued at $94,844,000 after buying an additional 969,433 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Quality Care Properties by 4.4% in the 1st quarter. Northern Trust Corp now owns 1,914,568 shares of the company’s stock valued at $37,200,000 after buying an additional 80,664 shares during the period. 99.87% of the stock is currently owned by hedge funds and other institutional investors.

NYSE QCP opened at $21.65 on Wednesday. Quality Care Properties Inc has a one year low of $12.25 and a one year high of $22.91. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.65.

Several research firms have recently commented on QCP. ValuEngine raised shares of Quality Care Properties from a “hold” rating to a “buy” rating in a report on Tuesday, May 1st. TheStreet raised shares of Quality Care Properties from a “d” rating to a “c-” rating in a report on Thursday, March 15th.

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.

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

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