The EVP and CAO of HCP Inc (NYSE: HCP) is Selling SharesBy Carrie Williams
In addition to Scott A. Anderson, one other HCP executive reported Sell trades in the last month.
The company has a one year high of $36.81 and a one year low of $27.61. HCP’s market cap is $14.08B and the company has a P/E ratio of 22.57. Currently, HCP Inc has an average volume of 2.62M.
Eight different firms, including Barclays and BMO Capital, currently also have a Sell rating on the stock. Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $31.80, reflecting a -5.6% downside.
In the last 30 days, insiders have sold $299.4K worth of HCP shares and purchased $30.53K worth of HCP shares. The insider sentiment on HCP Inc has been negative according to 45 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Scott A. Anderson’s trades have generated a -10.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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HCP, Inc. is a real estate investment trust which invests primarily in real estate serving the healthcare industry in the United States. It acquires, develops, leases, sells and manages healthcare real estate and provides mortgage and other financing to healthcare providers. The company operates through four segments: Senior Housing Triple-Net, Senior Housing Operating Portfolio, Life Science and Medical Office. The Senior Housing Triple-Net & Operating Portfolio segments manage senior housing facilities, which include independent living, assisted living and memory care facilities, care homes and continuing care retirement communities by utilizing triple-net leases and RIDEA structures. The Life Science segment contains laboratory and office space primarily for biotechnology, medical device and pharmaceutical companies, scientific research institutions, government agencies and other organizations involved in the life science industry. The Medical Office segment includes pharmacies, hospital ancillary service space and outpatient services such as diagnostic centers, rehabilitation clinics and day-surgery operating rooms. HCP was founded in March 1985 and is headquartered in Long Beach, CA.