The shares of HCP, Inc. (NYSE:HCP) has been pegged with a rating of Outperform by Robert W. Baird in its latest research note that was published on January 7th, 2019. Robert W. Baird wasn’t the only research firm that published a report of HCP, Inc., with other equities research analysts also giving their opinion on the stock. KeyBanc Capital Mkts advised investors in its research note published on December 20th, 2018, to Overweight the HCP stock. The stock had earned Outperform rating from RBC Capital Mkts when it published its report on November 2nd, 2018. The stock was given Neutral rating by JP Morgan in its report released on October 5th, 2018. Cantor Fitzgerald was of a view that HCP is Overweight in its latest report on September 28th, 2018. Evercore ISI thinks that HCP is worth In-line rating. This was contained in the firm’s report on September 10th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $30.94. The price of the stock the last time has raised by 43.61% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 63.61.
The shares of the company added by 0.22% during the trading session on Thursday, reaching a low of $31.12 while ending the day at $31.30. During the trading session, a total of 2.13 million shares were traded which represents a 37.71% incline from the average session volume which is 3.42M shares. HCP had ended its last session trading at 31.23. HCP, Inc. currently has a market cap of $14.97B, while its P/E ratio stands at 14.31, while its P/E earnings growth sits at 8.11, with a beta of 0.44. HCP, Inc. debt-to-equity ratio currently stands at 0.94, while its quick ratio hovers at . HCP 52-week low price stands at $21.80 while its 52-week high price is $31.88.
The company in its last quarterly report recorded $0.43 earnings per share which is below the $0.43 predicted by most analysts. The HCP, Inc. generated $441.92 million in revenue during the last quarter, which is slightly lower than the $446.10 million predicted by analysts. In the second quarter last year, the firm recorded $0.44 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -2.33%. HCP, Inc. has the potential to record 2.19 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Credit Suisse published a research note on October 11th, 2018 where it informed investors and clients that Enterprise Products Partners L.P. (NYSE:EPD) is now rated as Outperform. KeyBanc Capital Mkts also rated EPD as Upgrade on December 20th, 2018, with its price target of $24 suggesting that EPD could surge by 15.56% from its current share price. Even though the stock has been trading at $28.46/share, analysts expect it to surge higher by -0.88% to reach $33.41/share. It started the day trading at $28.48 and traded between $28.17 and $28.21 throughout the trading session.
A look at its technical shows that EPD’s 50-day SMA is 27.71 while its 200-day SMA stands at 27.88. The stock has a high of $30.05 for the year while the low is $22.73. The company’s P/E ratio currently sits at 14.87, while the P/B ratio is 2.58. At the moment, only of Enterprise Products Partners L.P. shares were sold short. The company’s average trading volume currently stands at 5.68M shares, which means that the short-interest ratio is just 3.70 days. Over the past seven days, the company moved, with its shift of -0.04%. Looking further, the stock has raised 8.58% over the past 90 days while it lost -2.35% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Harvest Fund Advisors LLC sold more EPD shares, decreasing its portfolio by -2.35% during the last quarter. This move now sees Harvest Fund Advisors LLC selling -1,138,893 shares in the last quarter, thus it now holds 47,404,899 shares of EPD, with a total valuation of $1,310,745,457. Tortoise Capital Advisors LLC meanwhile sold more EPD shares in the recently filed quarter, changing its stake to $1,166,272,217 worth of shares. ALPS Advisors Inc followed the path by decreasing its EPD portfolio by -1.21% in the quarter. This means that ALPS Advisors Inc sold -425,043 shares in the last quarter and now controls 34,591,018 shares of the EPD stock, with the valuation hitting $956,441,648.
Similarly, Kayne Anderson Capital Advisors L decreased its Enterprise Products Partners L.P. shares by -4.73% during the recently filed quarter. After selling -1,434,520 shares in the last quarter, the firm now controls 28,908,970 shares of Enterprise Products Partners L.P. which are valued at $799,333,021. In the same vein, Energy Income Partners LLC increased its Enterprise Products Partners L.P. shares by during the most recent reported quarter. The firm bought 2,596,527 shares during the quarter which increased its stakes to 20,868,803 shares and is now valued at $577,022,403. Following these latest developments, around 0.30% of Enterprise Products Partners L.P. stocks are owned by institutional investors and hedge funds.