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INX:HCP, Jan 21, 04:43 UTC

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Monday, January 14


News

HCP, Inc. (NYSE:HCP) to Post Q4 2018 Earnings of $0.44 Per Share, Capital One Financial Forecasts

HCP COF

HCP, Inc. (NYSE:HCP) – Research analysts at Capital One Financial upped their Q4 2018 earnings per share estimates for shares of HCP in a research note issued to investors on Wednesday, December 19th, according to Zacks Investment Research. Capital One Financial also issued estimates for HCP’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS and FY2019 earnings at $1.71 EPS. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. Victory Capital Management Inc. now owns 163,326 shares of the real estate investment trust’s stock worth $4,217,000 after buying an additional 52,730 shares in the last quarter.

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  • Financial

Thursday, January 10


News

HCP's Unsecured Debt Rating Notched Up to Baa1 by Moody's

HCP

HCP, Inc. HCP recently announced that Moody's Investors Service, the rating arm of Moody's Corporation MCO, has upgraded the senior unsecured debt rating of the former to Baa1 from Baa2. Per management, the upgrade reflects strategic improvements in the company’s portfolio and balance sheet over the last two years. Moody’s also acknowledged that most of these property types generate income from private-pay sources, leaving HCP with minimum exposure to government reimbursement risk. Furthermore, near-term headwinds in the senior housing market — higher supply and labor crisis — might affect the company’s performance. However, the conferring of this credit rating boosts the company's creditworthiness in the market and is likely to enhance investors' confidence in the stock.

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Wednesday, January 09


News

HCP Upgraded by Moody's Investors Service to Baa1 with Stable Outlook

HCP

IRVINE, Calif., Jan. 9, 2019 /PRNewswire/ -- HCP, Inc. (HCP) today announced that Moody's Investors Service ("Moody's") upgraded HCP's corporate credit rating to Baa1 from Baa2, with a stable outlook. Moody's noted the ratings upgrade reflects HCP's successful portfolio repositioning, resulting in improved asset quality and reduced leverage. "Moody's rating upgrade recognizes the significant improvements we have made to our portfolio and balance sheet over the last two years," said Pete Scott, HCP's Chief Financial Officer. Recognized as a global leader in sustainability, HCP has been a publicly-traded company since 1985 and was the first healthcare REIT selected to the S&P 500 index. For more information regarding HCP, visit www.hcpi.com.

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Tuesday, December 11


News

HCP Prices Upsized Public Offering of 15M Common Shares

HCP

HCP, Inc. HCP has expanded and priced its public offering of 15 million shares of common stock at $28.90 per share, before deducting underwriting discounts and commissions. Specifically, the offering consists of two million shares, directly offered by the company and 13 million shares offered on a forward basis through a forward sale agreement with BofA Merrill Lynch or its affiliate. Moreover, the book-runner will provide a 30-day option to underwriters to purchase additional 2,250,000 shares of the HCP’s common stock. In fact, in November, the company entered into an agreement to purchase a life-science and office campus — Sierra Point Towers in San Francisco — for $245 million.

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Monday, December 10


News

HCP Upsizes and Prices Public Offering of 15,000,000 Shares of Common Stock

HCP

Subject to its right to elect cash or net share settlement, the Company has agreed to issue and sell, upon physical settlement of such forward sale agreement on one or more dates specified by the Company within 12 months of entry into the forward sale agreement, up to 13,000,000 shares of the Company's common stock to the forward purchaser (or an aggregate of 15,250,000 shares if the underwriters exercise their option to purchase additional shares in full). This offering is being made pursuant to an effective shelf registration statement and prospectus and a related preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission. Recognized as a global leader in sustainability, HCP has been a publicly-traded company since 1985 and was the first healthcare REIT selected to the S&P 500 index. Forward-looking Statements. These risks include, but are not limited to the risk that we may not complete any pending acquisitions or other transactions in a timely fashion or at all, the risk we may not complete this offering in a timely fashion or at all, and those risks and uncertainties associated with the Company's business described in its Annual Report on Form 10-K filed on February 13, 2018 and its subsequent filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, the Company can give no assurance that the expectations will be attained or that any deviation will not be material.

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News

Ally Financial Inc. (ALLY) vs. HCP, Inc. (HCP): Comparing the Most Active Stocks – Stock News Gazette

HCP

To adjust for differences in capital structure we’ll use EBITDA margin and Return on Investment (ROI) as measures of profitability and return., compared to an EBITDA margin of 43.72% for HCP, Inc. (HCP). ALLY trades at a forward P/E of 6.95, a P/B of 0.80, and a P/S of 1.19, compared to a forward P/E of 51.32, a P/B of 2.77, and a P/S of 7.69 for HCP. Stocks with a beta above 1 tend to have bigger swings in price than the market as a whole, the opposite being the case for stocks with a beta below 1. Cloudera, Inc. (NYSE... Arrowhead Pharmaceuticals, Inc. (ARWR) vs. Liberty... Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) shares are up more than 251.90% this year and recently increased 5.28% or $0.65 to settle at $12.95.

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Thursday, December 06


News

HCP, Inc. (HCP) Shares Sold by PNC Financial Services Group Inc. – Fairfield Current

HCP

Security Capital Research & Management Inc. now owns 12,680,529 shares of the real estate investment trust’s stock worth $327,411,000 after purchasing an additional 2,129,250 shares in the last quarter. Cantor Fitzgerald upgraded shares of HCP from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $28.00 to $29.00 in a research report on Thursday, September 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.10. During the same period in the previous year, the firm posted $0.48 EPS. As a group, research analysts expect that HCP, Inc. will post 1.82 EPS for the current year.

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Monday, December 03


News

Security Capital Research & Management INC Has Upped Hcp INC (HCP) Stake by $53.23 Million as Stock Value Rose

HCP

It fall, as 40 investors sold HCP shares while 174 reduced holdings. Macroview Mngmt Ltd Liability holds 231 shares or 0.02% of its portfolio. North Star Inv Management owns 1,329 shares. Wendell David Assoc Inc invested 0.08% of its portfolio in HCP, Inc. (NYSE:HCP). Security Capital Research & Management Inc, which manages about $3.91 billion and $2.84B US Long portfolio, decreased its stake in Life Storage Inc by 765,525 shares to 1.93M shares, valued at $188.12 million in 2018Q2, according to the filing.

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Friday, November 30


News

Sowell Financial Services LLC Has $3 Million Stake in HCP, Inc. (HCP) – Fairfield Current

HCP

Shares of HCP traded up $0.05 during trading hours on Friday, reaching $28.85. 44,953 shares of the company traded hands, compared to its average volume of 3,372,253. During the same quarter last year, the company earned $0.48 earnings per share. As a group, equities analysts expect that HCP, Inc. will post 1.82 EPS for the current fiscal year. HCP, Inc is a fully integrated real estate investment trust (REIT) that invests in real estate serving the healthcare industry in the United States.

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News

HCP (HCP) Up 2.4% Since Last Earnings Report: Can It Continue?

HCP

Will the recent positive trend continue leading up to its next earnings release, or is HCP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Though there was growth of 2.6% in life-science cash NOI, 1.6% increase in senior-housing triple-net segment, 2.3% rise in the medical office segment and 6.5% advancement in other non-reportable segments, the positives were partly offset by a 6.3% decrease in SHOP cash NOI.During the quarter under review, HCP completed the sale of 11 senior housing communities, totaling $76 million to third-party buyers.Year to date, management of 35 senior-housing communities, owned by HCP, have been transitioned from Brookdale to other operators. Additionally, the company ended the third quarter with $1.4 billion of liquidity from a combination of cash and availability under its $2-billion credit facility.OutlookHCP reaffirmed its 2018 FFO as adjusted guidance at $1.79-$1.83 per share.Furthermore, the company reaffirmed the 2018 SPP cash NOI growth guidance of 0.25-1.75%. How Have Estimates Been Moving Since Then?

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