UBS Group AG raised its position in AdCare Health Systems, Inc. (NYSE:ADK) by 60.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 151,293 shares of the healthcare company’s stock after buying an additional 56,982 shares during the period. UBS Group AG’s holdings in AdCare Health Systems were worth $191,000 as of its most recent SEC filing.
Separately, Renaissance Technologies LLC increased its stake in shares of AdCare Health Systems by 0.4% in the fourth quarter. Renaissance Technologies LLC now owns 254,600 shares of the healthcare company’s stock worth $372,000 after buying an additional 900 shares during the period.
Shares of AdCare Health Systems, Inc. (NYSE ADK) remained flat at $1.08 during midday trading on Tuesday. The company’s stock had a trading volume of 41,363 shares. The firm’s market cap is $21.00 million. The company has a 50-day moving average of $1.00 and a 200 day moving average of $1.18. AdCare Health Systems, Inc. has a 12-month low of $0.90 and a 12-month high of $2.48.
AdCare Health Systems (NYSE:ADK) last released its quarterly earnings data on Monday, May 15th. The healthcare company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $6.14 million for the quarter. On average, analysts forecast that AdCare Health Systems, Inc. will post ($0.28) EPS for the current fiscal year.
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About AdCare Health Systems
AdCare Health Systems, Inc, through its subsidiaries, is a self-managed real estate investment company that invests in real estate purposed for long-term care and senior living. The Company’s business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.
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