HCP Inc. (HCP) Announces Dividend of $0.53
HCP (NYSE:HCP) announced a dividend on Thursday, January 30th, Stock Ratings Network reports. Stockholders of record on Monday, February 10th will be paid a dividend of 0.525 per share on Tuesday, February 25th. The ex-dividend date is Thursday, February 6th.
HCP has been the subject of a number of recent research reports. Analysts at Jefferies Group upgraded shares of HCP from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 9th. They now have a $41.00 price target on the stock, down previously from $43.00. On the ratings front, analysts at Barclays cut their price target on shares of HCP from $49.00 to $39.00 in a research note to investors on Wednesday, January 8th. They now have an “equal weight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of HCP in a research note to investors on Tuesday, November 26th. They now have a $40.00 price target on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $44.91.
Shares of HCP (NYSE:HCP) opened at 38.89 on Friday. HCP has a 1-year low of $35.50 and a 1-year high of $56.06. The stock’s 50-day moving average is $37.30 and its 200-day moving average is $40.27. The company has a market cap of $17.744 billion and a P/E ratio of 19.31.
HCP, Inc (NYSE:HCP) is a real estate investment trust (REIT).
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