11,211 Shares in Caretrust REIT Inc (NASDAQ:CTRE) Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC purchased a new stake in shares of Caretrust REIT Inc (NASDAQ:CTRE) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,211 shares of the real estate investment trust’s stock, valued at approximately $208,000.

Several other institutional investors have also recently modified their holdings of CTRE. Navellier & Associates Inc boosted its position in shares of Caretrust REIT by 6.5% in the first quarter. Navellier & Associates Inc now owns 41,410 shares of the real estate investment trust’s stock valued at $697,000 after buying an additional 2,513 shares during the period. State of Alaska Department of Revenue boosted its position in shares of Caretrust REIT by 4.6% in the first quarter. State of Alaska Department of Revenue now owns 7,310 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 320 shares during the last quarter. Boston Advisors LLC boosted its position in shares of Caretrust REIT by 11.5% in the first quarter. Boston Advisors LLC now owns 472,735 shares of the real estate investment trust’s stock worth $7,951,000 after buying an additional 48,880 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Caretrust REIT by 4.3% in the first quarter. Louisiana State Employees Retirement System now owns 26,978 shares of the real estate investment trust’s stock worth $454,000 after buying an additional 1,100 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Caretrust REIT by 366.8% in the first quarter. Bank of Montreal Can now owns 93,161 shares of the real estate investment trust’s stock worth $1,567,000 after buying an additional 73,203 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Shares of Caretrust REIT Inc (CTRE) traded up 0.33% during mid-day trading on Friday, hitting $18.00. The stock had a trading volume of 445,986 shares. Caretrust REIT Inc has a 12-month low of $12.70 and a 12-month high of $19.86.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a dividend yield of 4.11%. The ex-dividend date was Wednesday, June 28th.

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A number of equities analysts recently issued reports on the company. BMO Capital Markets cut Caretrust REIT from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $18.00 to $20.00 in a report on Tuesday, June 20th. BidaskClub upgraded Caretrust REIT from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 15th. Raymond James Financial, Inc. restated an “outperform” rating and issued a $19.00 target price (up from $17.00) on shares of Caretrust REIT in a report on Wednesday, May 17th. Zacks Investment Research upgraded Caretrust REIT from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Monday, July 17th. Finally, TheStreet upgraded Caretrust REIT from a “c” rating to a “b” rating in a report on Friday, May 5th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Caretrust REIT has an average rating of “Hold” and an average target price of $18.00.

About Caretrust REIT

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.

Institutional Ownership by Quarter for Caretrust REIT (NASDAQ:CTRE)

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