Care Capital Properties, Inc. (CCP): Douglas Ii Crocker , director of Care Capital Properties, Inc. purchased 10,000 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.65 per share for a total value of $246,501.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Raymond J Lewis (CEO) purchased 20,000 shares at $25.69 per share price.On Mar 17, 2016, John L Workman (director) purchased 2,750 shares at $26.95 per share price.Also, On Aug 19, 2015, John S Jr Gates (director) purchased 10,000 shares at $35.49 per share price.
On May 10, 2016, Care Capital Properties Inc announced a cash dividend of $0.5700. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 30, 2016.
Company has been under the radar of several Street Analysts.Care Capital Properties Inc is Upgraded by Hilliard Lyons to Buy. Earlier the firm had a rating of Long-term Buy on the company shares. The Rating was issued on May 9, 2016.Care Capital Properties Inc is Reiterated by Mizuho to Neutral while Lowering the Price Target of the company shares to $ 27 from a previous price target of $32 . The Rating was issued on Mar 11, 2016.
Care Capital Properties Inc. (CCP) is a real estate investment trust (REIT). The Company is engaged in the ownership acquisition and leasing of skilled nursing facilities (SNFs) and other healthcare assets operated by private regional and local care providers. Its portfolio includes approximately 355 properties. It operates in the triple-net leased properties segment. It invests in SNFs and other healthcare properties throughout the United States and leases those properties to healthcare operating companies under triple-net or absolute-net leases. Its specialty hospitals and healthcare assets include hospitals focused on providing children’s care inpatient rehabilitation facilities long-term acute care hospitals and personal care facilities. Its senior housing communities include independent and assisted living communities continuing care retirement communities and communities providing care for individuals with Alzheimers disease and other forms of dementia or memory loss.