Quilter Plc Reduces Stake in Care REIT PLC

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Impact Healthcare REIT ( (GB:CRT) ) has shared an announcement.

Care REIT PLC, a UK-based Real Estate Investment Trust, focuses on the healthcare sector, primarily acquiring and managing care homes and healthcare facilities. The latest announcement indicates that Quilter Plc has decreased its shareholding in Care REIT PLC, currently holding 5.62% of the voting rights, down from a previous 9.36%. This reduction in shares could impact the company’s stakeholder dynamics and reflects a shift in Quilter’s investment strategy regarding this healthcare-focused REIT.

More about Impact Healthcare REIT

YTD Price Performance: -2.57%

Average Trading Volume: 639,071

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £334.8M

For an in-depth examination of CRT stock, go to TipRanks’ Stock Analysis page.

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