Cohen & Steers reports 8.44% stake in CareTrust REIT (CTRE)
Cohen & Steers filed a Schedule 13G reporting passive ownership of CareTrust REIT, Inc. common stock.
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Rhea-AI Filing Summary
Cohen & Steers filed a Schedule 13G reporting passive ownership of CareTrust REIT, Inc. common stock. The group beneficially owns 18,590,517 shares, representing 8.44% of the class as of the stated event date. The filing lists sole voting power over 14,320,104 shares and sole dispositive power over 18,590,517 shares.
Cohen & Steers, Inc. and affiliates, including Cohen & Steers Capital Management, Inc., Cohen & Steers UK Limited, Cohen & Steers Asia Limited, and Cohen & Steers Ireland Limited, report that the securities are held for the benefit of client accounts. The certification states the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Insights
Passive 13G shows an 8.44% stake without control intent.
Cohen & Steers disclosed beneficial ownership of 18,590,517 CareTrust REIT shares, or 8.44% of the class. The filing indicates sole voting power over 14,320,104 shares and sole dispositive power over the full 18,590,517 shares.
This is a Schedule 13G, which is typically used for passive investors. The signatories certify the holdings were acquired and are held in the ordinary course and not to change or influence control. Client accounts at affiliated advisers are the economic beneficiaries.
As a routine ownership disclosure, this is generally administrative. Any impact depends on future portfolio decisions by the reporting advisers; the excerpt does not specify timing or plans.
FAQ
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What stake in CareTrust REIT (CTRE) did Cohen & Steers report?
Is the Cohen & Steers filing for CTRE a passive or active stake?
What is the event date tied to this CTRE ownership disclosure?
AI-generated analysis. How Rhea-AI works. Not financial advice.