Could HCP, Inc. Change Direction After Today’s Bullish Options Activity?

 Could HCP, Inc. Change Direction After Today's Bullish Options Activity?

In today’s session HCP, Inc. (HCP) registered an unusually high (1,759) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HCP increase. With 1,759 contracts traded and 6144 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HCP161118C00037500 closed last at: $0.55 or 0% . HCP, Inc. (NYSE:HCP) has risen 13.81% since March 10, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Analysts await HCP, Inc. (NYSE:HCP) to report earnings on November, 1. They expect $0.71 earnings per share, down 10.13% or $0.08 from last year’s $0.79 per share. HCP’s profit will be $335.13 million for 12.64 P/E if the $0.71 EPS becomes a reality. After $0.74 actual earnings per share reported by HCP, Inc. for the previous quarter, Wall Street now forecasts -4.05% negative EPS growth.

HCP, Inc. (NYSE:HCP) Ratings Coverage

Out of 14 analysts covering HCP (NYSE:HCP), 0 rate it a “Buy”, 5 “Sell”, while 9 “Hold”. This means 0 are positive. HCP has been the topic of 24 analyst reports since September 8, 2015 according to StockzIntelligence Inc. The firm earned “Underweight” rating on Wednesday, June 22 by Morgan Stanley. Raymond James initiated the stock with “Underperform” rating in Tuesday, July 26 report. As per Thursday, February 11, the company rating was downgraded by Stifel Nicolaus. The stock has “Hold” rating given by Evercore on Tuesday, September 8. Citigroup maintained the shares of HCP in a report on Monday, May 16 with “Neutral” rating. The company was upgraded on Friday, July 8 by Goldman Sachs. The company was maintained on Tuesday, August 23 by UBS. The stock has “Underweight” rating given by Barclays Capital on Wednesday, January 6. The stock of HCP, Inc. (NYSE:HCP) earned “Neutral” rating by JP Morgan on Tuesday, March 15. The firm has “Hold” rating given on Tuesday, May 10 by Jefferies.

According to Zacks Investment Research, “Health Care Property Investors, Inc. is a real estate investment trust. The company invests in health care related real estate located throughout the United States, including long-term care facilities, congregate care and assisted living facilities, acute care and rehabilitation hospitals, medical office buildings, physician group practice clinics and psychiatric facilities.”

Insitutional Activity: The institutional sentiment increased to 0.92 in 2016 Q2. Its up 0.13, from 0.79 in 2016Q1. The ratio improved, as 55 funds sold all HCP, Inc. shares owned while 208 reduced positions. 65 funds bought stakes while 177 increased positions. They now own 416.03 million shares or 2.10% less from 424.94 million shares in 2016Q1.
Janus Mgmt Lc accumulated 0.01% or 325,147 shares. Utah Retirement Systems has invested 0.11% of its portfolio in HCP, Inc. (NYSE:HCP). Blackrock Institutional Communication Na holds 0.1% of its portfolio in HCP, Inc. (NYSE:HCP) for 17.75 million shares. Whittier Co Of Nevada has 2,630 shares for 0.01% of their US portfolio. Brick And Kyle Associates last reported 280 shares in the company. Andra Ap has invested 0.12% of its portfolio in HCP, Inc. (NYSE:HCP). Commonwealth Ltd, a West Virginia-based fund reported 2,000 shares. Commonwealth Equity reported 369,865 shares or 0.11% of all its holdings. Us Bancorp De accumulated 47,721 shares or 0.01% of the stock. A D Beadell Inv Counsel Inc last reported 36,075 shares in the company. Dimensional Fund Advsrs Limited Partnership has invested 0.13% of its portfolio in HCP, Inc. (NYSE:HCP). Stifel has 0.06% invested in the company for 361,487 shares. The Japan-based Dai Ichi Life Ltd has invested 0.11% in HCP, Inc. (NYSE:HCP). Forward Mngmt Ltd Liability Company holds 0.15% of its portfolio in HCP, Inc. (NYSE:HCP) for 51,000 shares. Edge Wealth Lc holds 0% of its portfolio in HCP, Inc. (NYSE:HCP) for 211 shares.

Insider Transactions: Since May 9, 2016, the stock had 0 insider buys, and 5 sales for $878,078 net activity. Shares for $120,725 were sold by Kirby Thomas D. Shares for $88,202 were sold by Kowalske Darren A on Wednesday, August 31. The insider Young Kendall K sold 9,000 shares worth $355,177. Bergschneider Jonathan M. also sold $304,387 worth of HCP, Inc. (NYSE:HCP) shares. Hsiao Kai had sold 266 shares worth $9,587.

HCP, Inc. is a self-administered real estate investment trust (REIT). The company has a market cap of $16.95 billion. The Firm invests in real estate serving the healthcare industry in the United States. It currently has negative earnings. The Company’s portfolio consists of investments in various healthcare divisions: senior housing, post-acute/skilled nursing, life science, medical office and hospital.

HCP Company Profile

HCP, Inc. (HCP), incorporated on March 21, 1985, is a self-administered real estate investment trust (REIT). The Firm invests in real estate serving the healthcare industry in the United States. The Company’s portfolio consists of investments in various healthcare divisions: senior housing, post-acute/skilled nursing, life science, medical office and hospital. The Company’s portfolio includes owned portfolio, unconsolidated joint ventures, and developments and redevelopments. The Firm has interests in unconsolidated joint ventures representing approximately 30 properties primarily in its senior housing, life science and medical office divisions.

More recent HCP, Inc. (NYSE:HCP) news were published by: Fool.com which released: “HCP, Inc.’s Worst Business Segment in 2016” on September 21, 2016. Also Fool.com published the news titled: “The Fourth Quarter Could Get Interesting for HCP Shareholders” on October 07, 2016. Prnewswire.com‘s news article titled: “HCP Announces Pricing of Debt Financing By Quality Care Properties In …” with publication date: October 03, 2016 was also an interesting one.

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