|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||28.96 - 29.27|
|52 Week Range||21.48 - 30.27|
|Beta (3Y Monthly)||0.52|
|PE Ratio (TTM)||80.56|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||1.48 (5.12%)|
|1y Target Est||28.78|
HCP increases public offering of common stock to 15 million shares, and enters into a forward sale agreement for 13 million shares as well.
IRVINE, Calif., Dec. 10, 2018 /PRNewswire/ -- HCP, Inc. (HCP) (the "Company") announced today that it has agreed to sell 15,000,000 shares of its common stock, consisting of 2,000,000 shares offered directly by the Company and 13,000,000 shares offered on a forward basis in connection with the forward sale agreement described below, at a price of $28.90 per share (before deducting underwriting discounts and commissions). The 15,000,000 share offering represents a 1,000,000 share upsize to the originally proposed 14,000,000 share offering. The forward purchaser (as described below) has also granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of the Company's common stock. BofA Merrill Lynch is acting as lead book-runner and Citigroup, RBC Capital Markets and UBS Investment Bank are acting as additional book-runners for this offering.
IRVINE, Calif., Dec. 10, 2018 /PRNewswire/ -- HCP, Inc. (HCP) (the "Company") announced today that it has commenced a public offering of an aggregate of 14,000,000 shares of its common stock, consisting of 2,000,000 shares offered directly by the Company and 12,000,000 shares offered on a forward basis in connection with the forward sale agreement described below. The forward purchaser (as described below) expects to grant the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of the Company's common stock. BofA Merrill Lynch is acting as book-runner for this offering.
HCP Inc is a US$14b large-cap, real estate investment trust (REIT) based in Irvine, United States. REITs are basically a portfolio of income-producing real estate investments, which are owned and Read More...
Barrow, Hanley, Mewhinney & Strauss, which serves as a subadvisor to more than 45 equity and fixed-income mutual funds, bought shares of the following stocks in both the second and third quarters. Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus with 6.55% of outstanding shares, followed by Dodge & Cox 4.64%, First Eagle Investment (Trades, Portfolio) with 1.93% and Chris Davis (Trades, Portfolio) with 1.77%. The company's largest guru shareholder is First Pacific Advisors (Trades, Portfolio) with 0.49% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.46%, Steven Romick (Trades, Portfolio) with 0.38% and Barrow, Hanley, Mewhinney & Strauss with 0.32%.
One of the first tenants in The Cove at Oyster Point is taking the last building in the South San Francisco development as rents in the region hit new highs.
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
IRVINE, Calif. , Oct. 31, 2018 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) today announced that S&P Global Ratings ("S&P") upgraded its corporate credit rating to BBB+ from BBB, with a stable outlook. ...
HCP (HCP) delivered FFO and revenue surprises of 2.33% and -0.31%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
HCP's third-quarter performance indicates year-over-year growth in three-month cash SPP net operating income (NOI) for the company's total portfolio.
The Irvine, California-based real estate investment trust said it had funds from operations of $208.2 million, or 44 cents per share, in the period. The average estimate of 11 analysts surveyed by Zacks ...
IRVINE, Calif. , Oct. 31, 2018 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) today announced results for the third quarter ended September 30, 2018. For the quarter, we generated net income of $0.21 per share, ...
Let's delve into the factors that will likely impact Q3 results of Federal Realty (FRT), Macerich (MAC), Realty Income (O), Mid America Apartment (MAA) and HCP.
Amid growth in asking rents, HCP will likely report higher net operating income for its senior housing portfolio in the third quarter. However, higher interest cost may suppress the bottom line.
IRVINE, Calif. , Oct. 25, 2018 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) announced that its Board of Directors declared a quarterly common stock cash dividend of $0.37 per share. The dividend will be paid ...