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Care Capital Properties (NYSE:CCP) Getting Somewhat Favorable Media Coverage, Study Shows

Care Capital Properties (NYSE:CCP) Getting Somewhat Favorable Media Coverage, Study Shows

Alliancebernstein L.P. bought 52,938 shares in quarter ending 06/30/2017 increasing its stake in Care Capital Properties, Inc. (NYSE:CCP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. LLC's holdings, making the stock its 8th largest position.

A number of other hedge funds have also bought and sold shares of CCP.

TRADEMARK VIOLATION WARNING: "Janney Montgomery Scott LLC Boosts Position in Care Capital Properties, Inc". US Bancorp DE raised its position in Care Capital Properties by 2.3% in the second quarter. The firm owned 29,400 shares of the financial services provider's stock after buying an additional 14,800 shares during the period. State Treasurer State of MI raised its position in Care Capital Properties by 1.2% in the second quarter. State of Alaska Department of Revenue now owns 7,523 shares of the financial services provider's stock valued at $201,000 after buying an additional 550 shares in the last quarter. Geode Capital Management LLC increased its stake in Care Capital Properties by 9.1% in the first quarter. First Quadrant L P CA now owns 78,704 shares of the financial services provider's stock valued at $2,115,000 after buying an additional 1,567 shares during the period. Glen Harbor Capital Management LLC raised its position in shares of Care Capital Properties by 52.3% in the first quarter. Glen Harbor Capital Management LLC now owns 78,064 shares of the financial services provider's stock valued at $2,098,000 after buying an additional 26,796 shares in the last quarter. TX maintained its position in shares of Care Capital Properties, Inc.

The company is trading down by -1.15 percent from yesterday's close. The company has a 50-day moving average price of $25.89 and a 200 day moving average price of $26.02.

Shares of Care Capital Properties, Inc. The company has a market cap of $2.10 billion, a PE ratio of 13.28 and a beta of 0.38.

Care Capital Properties (NYSE:CCP) last announced its earnings results on Tuesday, May 9th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.26.

Many analysts have provided their estimated foresights on Care Capital Properties, Inc. The firm had revenue of $82.80 million for the quarter, compared to analysts' expectations of $83.32 million. Care Capital Properties's revenue was down 2.0% compared to the same quarter a year ago. Analysts predict that Care Capital Properties, Inc. will post $2.05 earnings per share for the current year.

As of the end of the quarter Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management Corp had acquired 90,700 shares growing its holdings by 189.4%. KAMES CAPITAL plc acquired a new stake in shares of Care Capital Properties during the first quarter valued at approximately $2,925,000. (CCP) belonging to the Real Estate sector has declined -2.57% and closed its last trading session at $24.28. If you are reading this piece of content on another site, it was copied illegally and republished in violation of U.S. & worldwide trademark & copyright law. The correct version of this piece of content can be accessed at https://www.thestockobserver.com/2017/08/09/care-capital-properties-inc-nyseccp-shares-bought-by-louisiana-state-employees-retirement-system.html.

CCP has been the subject of several analyst reports. BidaskClub raised shares of Care Capital Properties from a "buy" rating to a "strong-buy" rating in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of Care Capital Properties from a "sell" rating to a "hold" rating in a research report on Tuesday, May 9th. Finally, JMP Securities upgraded shares of Care Capital Properties from an "underperform" rating to a "market perform" rating in a research note on Monday, May 8th. Hilliard Lyons cut shares of Care Capital Properties from a "buy" rating to a "neutral" rating in a research note on Monday, May 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Care Capital Properties now has an average rating of "Hold" and a consensus target price of $26.00. The Firm 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.