Rhumbline Advisers grew its stake in shares of Caretrust REIT Inc (NASDAQ:CTRE) by 16.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,522 shares of the real estate investment trust’s stock after acquiring an additional 25,943 shares during the quarter. Rhumbline Advisers owned about 0.24% of Caretrust REIT worth $3,059,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Gilman Hill Asset Management LLC acquired a new position in shares of Caretrust REIT during the fourth quarter valued at about $191,000. Amalgamated Bank acquired a new position in Caretrust REIT in the 3rd quarter worth approximately $197,000. Janus Henderson Group PLC acquired a new position in Caretrust REIT in the 3rd quarter worth approximately $197,000. Kayne Anderson Capital Advisors LP acquired a new position in Caretrust REIT in the 3rd quarter worth approximately $283,000. Finally, Commonwealth Equity Services Inc acquired a new position in Caretrust REIT in the 3rd quarter worth approximately $318,000. Hedge funds and other institutional investors own 91.44% of the company’s stock.
Shares of Caretrust REIT Inc (NASDAQ CTRE) opened at $14.24 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.70 and a quick ratio of 0.70. Caretrust REIT Inc has a 52-week low of $12.96 and a 52-week high of $19.86. The company has a market capitalization of $1,066.70, a P/E ratio of 39.56, a price-to-earnings-growth ratio of 2.19 and a beta of 0.74.
Caretrust REIT Company Profile
CareTrust REIT, Inc is a self-administered, self-managed real estate investment trust. The Company is engaged in the ownership, acquisition and leasing of healthcare-related properties. It makes investments in healthcare-related real estate assets. As of December 31, 2016, its real estate portfolio included 154 skilled nursing facilities (SNFs), SNF Campuses, assisted living facilities and independent living facilities.
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