Traders Purchase Large Volume of Call Options on Quality Care Properties (QCP)

Quality Care Properties (NYSE:QCP) saw unusually large options trading on Wednesday. Stock investors bought 3,800 call options on the stock. This represents an increase of approximately 6,341% compared to the average daily volume of 59 call options.

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

A number of large investors have recently added to or reduced their stakes in QCP. Meeder Asset Management Inc. acquired a new position in Quality Care Properties during the 1st quarter valued at approximately $100,000. Assetmark Inc. boosted its position in Quality Care Properties by 19,363.8% during the 4th quarter. Assetmark Inc. now owns 11,289 shares of the company’s stock valued at $156,000 after purchasing an additional 11,231 shares during the period. Xact Kapitalforvaltning AB acquired a new position in Quality Care Properties during the 4th quarter valued at approximately $164,000. OMERS ADMINISTRATION Corp acquired a new position in Quality Care Properties during the 1st quarter valued at approximately $222,000. Finally, Jane Street Group LLC acquired a new position in Quality Care Properties during the 4th quarter valued at approximately $225,000. Institutional investors and hedge funds own 98.54% of the company’s stock.

Shares of Quality Care Properties opened at $21.00 on Thursday, according to Marketbeat. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.23 and a current ratio of 3.23. Quality Care Properties has a 52 week low of $20.96 and a 52 week high of $21.12.

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.

Receive News & Ratings for Quality Care Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quality Care Properties and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Government Properties Income Trust  Lowered to Sell at Zacks Investment Research
Government Properties Income Trust Lowered to Sell at Zacks Investment Research
Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Republic Services  Share Price
Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Republic Services Share Price
Kyocera  Earning Somewhat Positive Media Coverage, Accern Reports
Kyocera Earning Somewhat Positive Media Coverage, Accern Reports
Energy Transfer Partners  Earning Somewhat Positive Press Coverage, Accern Reports
Energy Transfer Partners Earning Somewhat Positive Press Coverage, Accern Reports
Zacks: Middlefield Banc  Given Consensus Recommendation of “Strong Buy” by Brokerages
Zacks: Middlefield Banc Given Consensus Recommendation of “Strong Buy” by Brokerages
Starwood Property Trust  Given Consensus Recommendation of “Buy” by Brokerages
Starwood Property Trust Given Consensus Recommendation of “Buy” by Brokerages


Leave a Reply

© 2006-2018 Ticker Report. Google+.