Silver Point Capital L.P. Acquires 1,306,000 Shares of Quality Care Properties Inc. (QCP)

Silver Point Capital L.P. increased its holdings in shares of Quality Care Properties Inc. (NYSE:QCP) by 25.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,397,000 shares of the company’s stock after purchasing an additional 1,306,000 shares during the period. Quality Care Properties makes up 6.4% of Silver Point Capital L.P.’s portfolio, making the stock its 5th biggest position. Silver Point Capital L.P. owned approximately 6.82% of Quality Care Properties worth $99,154,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Riverhead Capital Management LLC lifted its holdings in shares of Quality Care Properties by 75.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 5,625 shares of the company’s stock valued at $103,000 after purchasing an additional 2,425 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Quality Care Properties by 2.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,425 shares of the company’s stock valued at $118,000 after purchasing an additional 161 shares in the last quarter. Alps Advisors Inc. bought a new position in shares of Quality Care Properties during the 3rd quarter valued at about $156,000. Engineers Gate Manager LP bought a new position in shares of Quality Care Properties during the 3rd quarter valued at about $168,000. Finally, Cigna Investments Inc. New bought a new position in shares of Quality Care Properties during the 2nd quarter valued at about $186,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Separately, ValuEngine raised Quality Care Properties from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th.

Shares of Quality Care Properties Inc. (QCP) traded up $0.30 during trading on Friday, reaching $14.68. The company had a trading volume of 903,150 shares, compared to its average volume of 767,273. Quality Care Properties Inc. has a 1-year low of $13.13 and a 1-year high of $19.99. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.63.

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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.

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

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