Andra AP fonden raised its holdings in HCP, Inc. (NYSE:HCP) by 76.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 170,100 shares of the real estate investment trust’s stock after acquiring an additional 73,700 shares during the period. Andra AP fonden’s holdings in HCP were worth $4,734,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Peoples Financial Services CORP. grew its stake in HCP by 4.0% in the second quarter. Peoples Financial Services CORP. now owns 3,250 shares of the real estate investment trust’s stock valued at $104,000 after acquiring an additional 125 shares during the period. Sun Life Financial INC grew its stake in HCP by 42,675.0% in the second quarter. Sun Life Financial INC now owns 3,422 shares of the real estate investment trust’s stock valued at $109,000 after acquiring an additional 3,414 shares during the period. Chicago Partners Investment Group LLC grew its stake in HCP by 252.5% in the second quarter. Chicago Partners Investment Group LLC now owns 3,525 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 2,525 shares during the period. Advisory Services Network LLC grew its stake in HCP by 4.1% in the second quarter. Advisory Services Network LLC now owns 3,782 shares of the real estate investment trust’s stock valued at $121,000 after acquiring an additional 150 shares during the period. Finally, ClariVest Asset Management LLC acquired a new position in HCP in the second quarter valued at about $172,000. 90.04% of the stock is owned by hedge funds and other institutional investors.

HCP, Inc. (NYSE:HCP) opened at $26.84 on Tuesday. The firm has a market capitalization of $12,731.60, a P/E ratio of 13.18, a PEG ratio of 2.90 and a beta of 0.36. HCP, Inc. has a 52 week low of $25.08 and a 52 week high of $33.67. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.61 and a current ratio of 0.61.

HCP (NYSE:HCP) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.02. The business had revenue of $454.00 million for the quarter, compared to the consensus estimate of $440.60 million. HCP had a return on equity of 8.85% and a net margin of 27.31%. The firm’s quarterly revenue was down 14.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share. research analysts expect that HCP, Inc. will post 1.93 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Investors of record on Monday, November 6th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend is Friday, November 3rd. HCP’s dividend payout ratio is currently 133.33%.

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A number of research analysts have issued reports on the company. Stifel Nicolaus decreased their target price on HCP from $30.00 to $29.00 and set a “hold” rating for the company in a research note on Tuesday. Mizuho raised HCP from a “neutral” rating to a “buy” rating and set a $32.00 price objective for the company in a research report on Thursday, November 2nd. BMO Capital Markets reaffirmed a “hold” rating and set a $28.00 price objective on shares of HCP in a research report on Wednesday, October 18th. KeyCorp reaffirmed a “hold” rating on shares of HCP in a research report on Tuesday, October 17th. Finally, Zacks Investment Research cut HCP from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $30.91.

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.

Institutional Ownership by Quarter for HCP (NYSE:HCP)

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