Regional Health Properties (NYSEAMERICAN:RHE) Stock Price Up 0.7%

Regional Health Properties, Inc. (NYSEAMERICAN:RHE) rose 0.7% on Thursday . The stock traded as high as $2.92 and last traded at $2.88. Approximately 9,776 shares traded hands during trading, an increase of 84% from the average daily volume of 5,308 shares. The stock had previously closed at $2.86.

Regional Health Properties Price Performance

Regional Health Properties (NYSEAMERICAN:RHE) last released its quarterly earnings data on Monday, April 1st. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $4.52 million during the quarter.

Institutional Investors Weigh In On Regional Health Properties

Hedge funds have recently modified their holdings of the company. Susquehanna International Group LLP acquired a new position in Regional Health Properties during the 1st quarter worth about $106,000. Renaissance Technologies LLC lifted its holdings in Regional Health Properties by 62.7% during the 1st quarter. Renaissance Technologies LLC now owns 26,198 shares of the company’s stock worth $89,000 after buying an additional 10,098 shares during the period. Two Sigma Securities LLC acquired a new position in Regional Health Properties during the 1st quarter worth about $54,000. Finally, Vanguard Group Inc. lifted its holdings in Regional Health Properties by 45.4% during the 3rd quarter. Vanguard Group Inc. now owns 15,261 shares of the company’s stock worth $33,000 after buying an additional 4,762 shares during the period. Institutional investors and hedge funds own 1.02% of the company’s stock.

Regional Health Properties Company Profile

Regional Health Properties, Inc, through its subsidiaries, operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. Its business principally consists of leasing and subleasing such facilities to third-party tenants, which operate the facilities.