HCP Inc. (NYSE:HCP) rose 1.6% during trading on Tuesday . The stock traded as high as $37.97 and last traded at $37.96, with a volume of 1,197,783 shares changing hands. The stock had previously closed at $37.37.

A number of equities research analysts have recently issued reports on the stock. Evercore ISI increased their price target on shares of HCP to $32.00 in a report on Monday, March 21st. Goldman Sachs Group Inc. reissued a “sell” rating on shares of HCP in a report on Monday, March 28th. Jefferies Group increased their price target on shares of HCP to $25.00 in a report on Thursday, April 7th. Zacks Investment Research raised shares of HCP from a “sell” rating to a “hold” rating in a report on Monday, April 25th. Finally, BMO Capital Markets reissued a “sell” rating on shares of HCP in a report on Tuesday, May 10th. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $33.97.

The stock’s market cap is $17.74 billion. The stock has a 50-day moving average of $35.00 and a 200 day moving average of $33.76.

HCP (NYSE:HCP) last announced its quarterly earnings data on Monday, May 9th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.69. The company had revenue of $640.80 million for the quarter, compared to the consensus estimate of $621.93 million. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.79 earnings per share. On average, equities analysts forecast that HCP Inc. will post $2.78 EPS for the current fiscal year.

A number of hedge funds and institutional investors have bought and sold shares of HCP. Vanguard Group Inc. boosted its position in HCP by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 61,238,590 shares of the real estate investment trust’s stock worth $2,341,765,000 after buying an additional 1,813,634 shares in the last quarter. SFE Investment Counsel boosted its position in HCP by 3.9% in the fourth quarter. SFE Investment Counsel now owns 231,010 shares of the real estate investment trust’s stock worth $8,834,000 after buying an additional 8,715 shares in the last quarter. Agran Libbie boosted its position in HCP by 10,073.6% in the fourth quarter. Agran Libbie now owns 24,472,696 shares of the real estate investment trust’s stock worth $9,358,000 after buying an additional 24,232,146 shares in the last quarter. Private Advisor Group LLC boosted its position in HCP by 7.3% in the fourth quarter. Private Advisor Group LLC now owns 145,822 shares of the real estate investment trust’s stock worth $5,576,000 after buying an additional 9,910 shares in the last quarter. Finally, Edge Asset Management Inc. boosted its position in HCP by 69.8% in the fourth quarter. Edge Asset Management Inc. now owns 268,646 shares of the real estate investment trust’s stock worth $10,273,000 after buying an additional 110,440 shares in the last quarter.

HCP, Inc (HCP) is a self-administered real estate investment trust (REIT). The Company invests in real estate serving the healthcare industry in the United States. Its portfolio consists of investments in various healthcare segments: senior housing, post-acute/skilled nursing, life science, medical office and hospital.

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