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

HCP (NYSE:HCP) received a $25.00 target price from investment analysts at BMO Capital Markets in a report released on Tuesday. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. BMO Capital Markets’ target price would indicate a potential upside of 11.61% from the company’s previous close.

A number of other research analysts also recently commented on the company. Zacks Investment Research downgraded HCP from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Stifel Nicolaus upgraded HCP from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research report on Tuesday, December 5th. JPMorgan Chase & Co. upgraded HCP from a “neutral” rating to an “overweight” rating and set a $29.00 target price for the company in a research report on Friday, December 15th. Mizuho upgraded HCP from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Thursday, November 2nd. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $29.00 target price on shares of HCP in a research report on Thursday, December 14th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $30.14.

HCP (NYSE:HCP) traded down $0.45 during midday trading on Tuesday, hitting $22.40. The stock had a trading volume of 440,078 shares, compared to its average volume of 4,442,643. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.17. The company has a market cap of $10,888.01, a P/E ratio of 20.22, a P/E/G ratio of 4.20 and a beta of 0.27. HCP has a 52-week low of $22.22 and a 52-week high of $33.67.

Several hedge funds have recently modified their holdings of the company. Cornerstone Capital Inc. lifted its holdings in shares of HCP by 15.6% during the fourth quarter. Cornerstone Capital Inc. now owns 584,086 shares of the real estate investment trust’s stock worth $15,233,000 after purchasing an additional 78,940 shares during the period. Lasalle Investment Management Securities LLC lifted its holdings in shares of HCP by 12,329.6% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 6,761,684 shares of the real estate investment trust’s stock worth $176,345,000 after purchasing an additional 6,707,284 shares during the period. Norinchukin Bank The lifted its holdings in shares of HCP by 7.5% during the fourth quarter. Norinchukin Bank The now owns 37,508 shares of the real estate investment trust’s stock worth $978,000 after purchasing an additional 2,601 shares during the period. FDx Advisors Inc. lifted its holdings in shares of HCP by 44.1% during the fourth quarter. FDx Advisors Inc. now owns 15,084 shares of the real estate investment trust’s stock worth $393,000 after purchasing an additional 4,613 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its holdings in shares of HCP by 252.8% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 91,521 shares of the real estate investment trust’s stock worth $2,387,000 after purchasing an additional 65,583 shares during the period. Institutional investors and hedge funds 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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