HCP (HCP) Given a $25.00 Price Target at BMO Capital Markets

HCP (NYSE:HCP) received a $25.00 price objective from investment analysts at BMO Capital Markets in a report issued on Tuesday. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. BMO Capital Markets’ price objective indicates a potential upside of 9.65% from the company’s previous close.

A number of other research firms have also recently commented on HCP. ValuEngine cut shares of HCP from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Robert W. Baird lowered their price objective on shares of HCP from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, January 5th. Zacks Investment Research cut shares of HCP from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. upgraded shares of HCP from a “neutral” rating to an “overweight” rating and set a $29.00 price objective for the company in a research report on Friday, December 15th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $29.00 price objective on shares of HCP in a research report on Thursday, December 14th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $29.64.

HCP (NYSE HCP) traded down $0.05 during mid-day trading on Tuesday, hitting $22.80. The stock had a trading volume of 6,820,000 shares, compared to its average volume of 4,540,000. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.61 and a current ratio of 0.61. The firm has a market cap of $10,700.00, a P/E ratio of 40.71, a P/E/G ratio of 4.20 and a beta of 0.22. HCP has a one year low of $21.98 and a one year high of $33.67.

A number of hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC increased its holdings in HCP by 4.1% during the 2nd quarter. Advisory Services Network LLC now owns 3,782 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 150 shares in the last quarter. D.A. Davidson & CO. increased its holdings in HCP by 1.9% during the 3rd quarter. D.A. Davidson & CO. now owns 104,554 shares of the real estate investment trust’s stock worth $2,909,000 after purchasing an additional 1,915 shares in the last quarter. ARGI Investment Services LLC increased its holdings in HCP by 7.9% during the 3rd quarter. ARGI Investment Services LLC now owns 27,246 shares of the real estate investment trust’s stock worth $758,000 after purchasing an additional 1,998 shares in the last quarter. Lord Abbett & CO. LLC increased its holdings in HCP by 1.7% during the 2nd quarter. Lord Abbett & CO. LLC now owns 119,300 shares of the real estate investment trust’s stock worth $3,813,000 after purchasing an additional 2,000 shares in the last quarter. Finally, BerganKDV Wealth Management LLC increased its holdings in HCP by 4.2% during the 4th quarter. BerganKDV Wealth Management LLC now owns 51,797 shares of the real estate investment trust’s stock worth $1,351,000 after purchasing an additional 2,110 shares in the last quarter. Hedge funds and other institutional investors own 90.23% of the company’s stock.

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HCP Company Profile

HCP, Inc is a self-administered real estate investment trust. The Company invests in real estate serving the healthcare industry in the United States. The Company’s segments include senior housing triple-net (SH NNN), senior housing operating portfolio (SHOP), life science and medical office. Its senior housing facilities include independent living facilities, assisted living facilities, memory care facilities, care homes, and continuing care retirement communities.

Analyst Recommendations for HCP (NYSE:HCP)

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