HCP - HCP, Inc.
| Previous Close | 35.11 |
| Open | 35.27 |
| Bid | 0.00 x 3100 |
| Ask | 35.73 x 1200 |
| Day's Range | 34.58 - 35.37 |
| 52 Week Range | 24.47 - 36.07 |
| Volume | 3,481,687 |
| Avg. Volume | 2,819,690 |
| Market Cap | 17.164B |
| Beta (3Y Monthly) | 0.13 |
| PE Ratio (TTM) | 17.10 |
| EPS (TTM) | 2.04 |
| Earnings Date | Oct 29, 2019 - Nov 4, 2019 |
| Forward Dividend & Yield | 1.48 (4.22%) |
| Ex-Dividend Date | 2019-08-02 |
| 1y Target Est | 35.12 |
- Moody's
HCP, Inc. -- Moody's assigns P-2 rating to HCP's new commercial paper program and affirms existing ratings
Moody's Investors Service ("Moody's") has assigned a Prime-2 (P-2) short-term rating to HCP, Inc's $1 billion senior unsecured commercial paper (CP) program in the U.S. Concurrently, Moody's also affirmed all existing ratings of HCP, including its Baa1 senior unsecured debt rating. HCP's P-2 short-term rating reflects the healthcare REIT's strong liquidity position supported by its large unsecured revolving credit facility with a total capacity of $2.5 billion. The CP notes will be issued by HCP, Inc. and rank pari-passu with the REIT's other unsecured senior debt.
- PR Newswire
HCP Announces $1 Billion Commercial Paper Note Program
IRVINE, Calif., Sept. 18, 2019 /PRNewswire/ -- HCP, Inc. (HCP) announced today that it has established an unsecured commercial paper program (the "Commercial Paper Program"). Under the terms of the Commercial Paper Program, HCP may issue, from time to time, unsecured short-term debt securities with varying maturities not in excess of 397 days from the date of issue (the "Notes"). Amounts available under the Commercial Paper Program may be borrowed, repaid and re-borrowed from time to time, with the maximum aggregate face or principal amount of Notes outstanding at any one time not exceeding $1.0 billion. The proceeds of the Notes will be used for general corporate purposes. HCP expects to use its revolving credit facility as a liquidity backstop for the repayment of the Notes issued under the Commercial Paper Program.
- Zacks
HCP to Buy Life Science Asset, Boost West Cambridge Cluster
Delivering on its strategy to expand presence in the Boston region, HCP will acquire a trophy life science property -- 35 CambridgePark Drive -- for $332.5 million.
- PR Newswire
HCP to Acquire a Trophy Life Science Property in West Cambridge
IRVINE, Calif., Sept. 9, 2019 /PRNewswire/ -- HCP, Inc. (HCP) announced today that it executed a definitive agreement to acquire, for $332.5 million, a 224,000 square foot, LEED Gold® laboratory building located at 35 CambridgePark Drive, which is expected to close in December 2019. The property is being purchased from The Davis Companies and Invesco Real Estate ("Invesco"). 35 CambridgePark Drive is located in the Cambridge submarket of Boston, Massachusetts, adjacent to HCP's recently acquired property at 87 CambridgePark Drive and future development opportunity at 101 CambridgePark Drive. Combined, HCP has created up to 440,000 square feet of contiguous space across a modern campus.
- GuruFocus.com
Hcp Inc (HCP) EVP, CDO and COO Thomas Klaritch Sold $1.3 million of Shares
EVP, CDO and COO of Hcp Inc (30-Year Financial, Insider Trades) Thomas Klaritch (insider trades) sold 35,014 shares of HCP on 09/04/2019 at an average price of $36.02 a share. Continue reading...
- Simply Wall St.
Have Insiders Been Selling HCP, Inc. (NYSE:HCP) Shares This Year?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
- Zacks
Public Storage (PSA) Unveils Storage Units in Murfreesboro
The latest unveiling of Public Storage's (PSA) storage units in Murfreesboro comes as part of the company's effort to expand in this region which has been witnessing rapid growth of the neighborhood.
- Zacks
Boston Properties Issues $700M Senior Notes, Refinances Debt
Boston Properties (BXP) will redeem its outstanding 5.625% senior notes due in 2020 by using proceed raised from sale of 2.9% senior notes, which will likely result in interest saving.
- Motley Fool
Healthcare REITs: A Boom Is Coming
Ventas took a close look at the senior housing market and sees good things ahead for the healthcare real estate investment trust niche.
- Zacks
Medical Properties Cheers Investors With 4% Hike in Dividend
Medical Properties' (MPW) recent quarterly dividend hike indicates the sixth consecutive year of such increase.
- Zacks
4 Reasons Why You Should Add HCP to Your Portfolio Right Now
HCP's efforts to expand its medical office and life-science portfolio, a diversified and high-quality portfolio and favorable demographic trends make it an attractive pick.
- Thomson Reuters StreetEvents
Edited Transcript of HCP earnings conference call or presentation 1-Aug-19 4:00pm GMT
Q2 2019 HCP Inc Earnings Call
Motley FoolHCP Inc (HCP) Q2 2019 Earnings Call Transcript
HCP earnings call for the period ending June 30, 2019.
- Zacks
HCP Surpasses Q2 FFO & Revenue Estimates, Raises Outlook
HCP witnesses rise in revenues and net operating income in the second quarter of 2019.
- Zacks
HCP (HCP) Q2 FFO and Revenues Beat Estimates
HCP (HCP) delivered FFO and revenue surprises of 2.33% and 9.98%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- American City Business Journals
Big Bay Area biotech developer on buying binge as others enter 'funky, oddball niche'
This biotech developer is looking to close on at least three properties in the Bay Area this quarter that eventually could add 1 million square feet to its portfolio.
- PR Newswire
HCP Reports Second Quarter 2019 Results
IRVINE, Calif. , July 31, 2019 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) today announced results for the second quarter ended June 30, 2019. For the quarter, HCP generated a net loss of $0.03 per share, NAREIT ...
- Simply Wall St.
Is It Worth Considering HCP, Inc. (NYSE:HCP) For Its Upcoming Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- Zacks
Key Factors Setting the Tone for HCP This Earnings Season
Focus on life-science and MOB portfolio will likely enable HCP to witness decent growth in Q2. However, prevalent challenges in the senior housing market are a spoilsport.
- Moody's
HCP, Inc. -- Moody's announces completion of a periodic review of ratings of HCP, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of HCP, Inc. New York, July 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of HCP, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- PR Newswire
HCP Declares Quarterly Cash Dividend on Common Stock
IRVINE, Calif. , July 25, 2019 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) announced today that its Board of Directors declared a quarterly common stock cash dividend of $0.37 per share. The dividend will be ...
- Simply Wall St.
Could HCP, Inc. (NYSE:HCP) Have The Makings Of Another Dividend Aristocrat?
Is HCP, Inc. (NYSE:HCP) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be...
- MarketWatch
REIT stocks in broad selloff as bond yields rise
Shares of real estate investment trust are selling off in unanimous fashion, as the better-than-expected June jobs data has fueled in a big jump in Treasury yields. The SPDR Real Estate Select Sector ETF shed 1.0% in midday trading, with all 32 of its equity components losing ground. The REIT ETF (XLRE) tends to act as a bond proxy given its relatively high dividend yield, which means it becomes less attractive to investors when bond prices fall and bond yields rise. The 10-year Treasury yield jumps 10.2 basis points to 2.055% after closing Wednesday at the lowest yield since November 2016. The XLRE's yield is 3.26%, compared with the implied yield for the S&P 500 of 1.93%. Among the XLRE's most-active components, shares of Host Hotels & Resorts Inc. declined 0.8%, Weyerhaeuser Co. lost 1.3%, HCP Inc. dropped 1.5% and Kimco Realty Co. slipped 0.5%. Of the XLRE's highest yielders, shares of Macerich Co. fell 0.4% and yields 9.05%, while Iron Mountain Inc. slid 1.7% and yields 7.78%.
- Motley Fool
Is CareTrust REIT a Buy?
By most metrics, CareTrust looks expensive. But there's a very good reason why investors should consider buying anyway.
