First National Bank of Mount Dora Trust Investment Services Decreases Holdings in HCP, Inc. (NYSE:HCP)

First National Bank of Mount Dora Trust Investment Services lowered its holdings in HCP, Inc. (NYSE:HCP) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,190 shares of the real estate investment trust’s stock after selling 4,301 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in HCP were worth $2,248,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Federated Investors Inc. PA increased its position in HCP by 19.1% during the 2nd quarter. Federated Investors Inc. PA now owns 21,740 shares of the real estate investment trust’s stock worth $695,000 after purchasing an additional 3,488 shares in the last quarter. Victory Capital Management Inc. increased its position in HCP by 553.8% in the 2nd quarter. Victory Capital Management Inc. now owns 55,674 shares of the real estate investment trust’s stock valued at $1,779,000 after acquiring an additional 47,159 shares during the period. Pacer Advisors Inc. increased its position in HCP by 8.4% in the 2nd quarter. Pacer Advisors Inc. now owns 11,370 shares of the real estate investment trust’s stock valued at $363,000 after acquiring an additional 877 shares during the period. Sheaff Brock Investment Advisors LLC acquired a new position in HCP in the 2nd quarter valued at approximately $273,000. Finally, Private Advisor Group LLC increased its position in HCP by 5.6% in the 2nd quarter. Private Advisor Group LLC now owns 35,878 shares of the real estate investment trust’s stock valued at $1,108,000 after acquiring an additional 1,892 shares during the period. 89.96% of the stock is owned by hedge funds and other institutional investors.

HCP, Inc. (NYSE:HCP) opened at $23.65 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 cap of $11,090.00, a PE ratio of 42.23, a price-to-earnings-growth ratio of 2.63 and a beta of 0.33. HCP, Inc. has a 1 year low of $23.16 and a 1 year high of $33.67.

HCP (NYSE:HCP) last issued its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. HCP had a net margin of 27.31% and a return on equity of 8.85%. The firm had revenue of $454.00 million during the quarter, compared to analyst estimates of $440.60 million. During the same quarter last year, the business earned $0.72 earnings per share. The company’s quarterly revenue was down 14.4% on a year-over-year basis. sell-side analysts expect that HCP, Inc. will post 1.94 EPS for the current fiscal year.

HCP has been the topic of a number of analyst reports. ValuEngine lowered shares of HCP from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. JPMorgan Chase & Co. raised shares of HCP from a “neutral” rating to an “overweight” rating and set a $29.00 target price on the stock in a research note on Friday, December 15th. Zacks Investment Research raised shares of HCP from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Mizuho raised shares of HCP from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Thursday, November 2nd. Finally, Stifel Nicolaus dropped their price objective on shares of HCP from $30.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, November 7th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. HCP has an average rating of “Hold” and an average price target of $30.14.

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HCP Company Profile

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.

Institutional Ownership by Quarter for HCP (NYSE:HCP)

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