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

HCP (NYSE:HCP) has been given a $25.00 price objective by analysts at BMO Capital Markets in a report released on Tuesday. The firm currently has a “hold” rating on the real estate investment trust’s stock. BMO Capital Markets’ price objective would indicate a potential upside of 14.84% from the company’s current price.

A number of other analysts have also weighed in on the company. ValuEngine lowered HCP from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Robert W. Baird lowered their target price on HCP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, January 5th. Zacks Investment Research lowered HCP from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. 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 report on Friday, December 15th. Finally, Morgan Stanley restated an “equal weight” rating and set a $29.00 target price on shares of HCP in a report on Thursday, December 14th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. HCP currently has an average rating of “Hold” and a consensus target price of $29.23.

Shares of HCP (NYSE HCP) opened at $21.77 on Tuesday. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of $10,719.13, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 4.13 and a beta of 0.27. HCP has a twelve month low of $21.64 and a twelve month high of $33.67.

HCP (NYSE:HCP) last posted its earnings results on Tuesday, February 13th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The company had revenue of $443.30 million during the quarter, compared to analyst estimates of $448.54 million. HCP had a return on equity of 8.85% and a net margin of 27.31%. HCP’s revenue was down 17.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. equities analysts forecast that HCP will post 1.94 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Vestpro Financial Partners Inc. dba CPF Texas purchased a new stake in shares of HCP during the 4th quarter valued at $103,000. Advisory Services Network LLC lifted its holdings in shares of 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 valued at $121,000 after purchasing an additional 150 shares during the last quarter. Fieldpoint Private Securities LLC purchased a new stake in shares of HCP during the 3rd quarter valued at $147,000. Penserra Capital Management LLC purchased a new stake in shares of HCP during the 3rd quarter valued at $163,000. Finally, Koch Industries Inc. purchased a new stake in shares of HCP during the 2nd quarter valued at $208,000. Hedge funds and other institutional investors own 90.23% of the company’s stock.

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About HCP

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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