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HCP Inc (HCP.N)

HCP.N on New York Stock Exchange

27.87USD
22 Sep 2017
Change (% chg)

$-0.70 (-2.45%)
Prev Close
$28.57
Open
$28.48
Day's High
$28.53
Day's Low
$27.84
Volume
1,159,125
Avg. Vol
915,479
52-wk High
$39.69
52-wk Low
$27.61

Latest Key Developments (Source: Significant Developments)

HCP says preliminary assessment indicates assets incurred either no or limited damage due to Hurricane Harvey
Thursday, 31 Aug 2017 10:55pm EDT 

Aug 31 (Reuters) - HCP Inc - :HCP provides update on impact of Hurricane Harvey.Preliminary assessment indicates its assets incurred either no or limited damage due to Hurricane Harvey.All medical office buildings and most senior housing communities in storm-impacted region are fully-operational.Remediation work has begun and residents are expected to return over coming days and weeks.Three operating and one triple-net senior housing communities were evacuated due to water intrusion and to ensure the safety of our residents.  Full Article

HCP Inc says tender offer results to purchase for cash up to an aggregate principal amount of $500 million
Wednesday, 26 Jul 2017 08:30am EDT 

July 26 (Reuters) - HCP Inc ::HCP Inc - tender offer results to purchase for cash up to an aggregate principal amount of $500 million of hcp's 5.375pct senior notes due 2021.  Full Article

HCP announces tender offer for outstanding notes
Wednesday, 12 Jul 2017 08:30am EDT 

July 12 (Reuters) - HCP Inc :HCP Inc - ‍tender offer will expire at 11:59 p.m., Eastern Time, on August 8, 2017​.HCP - ‍has commenced a tender offer to purchase for cash up to an aggregate principal amount of $500 million of HCP's 5.735 percent senior notes due 2021​.  Full Article

HCP sees FY 2017 FFO per share $1.99 to $2.05
Tuesday, 2 May 2017 08:00am EDT 

May 2 (Reuters) - HCP Inc : :HCP announces results for the quarter ended March 31, 2017.Sees FY 2017 FFO per share $1.99 to $2.05.HCP Inc- for full year 2017, we expect: EPS to range between $1.43 and $1.49.Qtrly adjusted FFO per share $0.51.Qtrly FFO per share $0.61.Says reaffirmed full-year 2017 FFO as adjusted and SPP cash noi guidance ranges.Q1 FFO per share view $0.48 -- Thomson Reuters I/B/E/S.Fy2017 FFO per share view $1.93 -- Thomson Reuters I/B/E/S.  Full Article

Justin Hutchens to leave HCP to become CEO of UK-based operator HC-One
Monday, 3 Apr 2017 08:30am EDT 

HCP Inc : Justin Hutchens to leave HCP to become chief executive officer of UK-based operator HC-One .HCP Inc - Hutchens will remain in current role at HCP through June 1 to ensure smooth transition of duties, to assist with HCP's Q1 earnings announcement.  Full Article

Peter Scott to join HCP as CFO
Monday, 23 Jan 2017 08:55am EST 

Hcp Inc : Peter Scott to join HCP as executive vice president and chief financial officer . HCP Inc- Scott succeeds Tom Herzog who was appointed chief executive officer in January 2017 .HCP Inc - Scott currently serves as a managing director in real estate banking group at Barclays.  Full Article

HCP announces Tom Herzog as CEO
Tuesday, 3 Jan 2017 05:07pm EST 

HCP Inc : HCP announces elections of Tom Herzog as CEO and as a member of the board and Justin Hutchens as president . HCP Inc says board also elected Justin Hutchens as president . Both elections were effective January 1, 2017 .HCP has retained Korn Ferry, a leading global executive recruiting firm, which has already initiated a search for a new CFO.  Full Article

HCP board approves spin-off of Quality Care Properties Inc
Thursday, 13 Oct 2016 04:15pm EDT 

Hcp Inc : board of directors approves spin-off of Quality Care Properties, Inc. . spin-off to be effected through pro rata distribution of shares of QCP to HCP's stockholders of record as of close of business on october 24 . following spin-off, HCP will continue to be listed on new york stock exchange under symbol "HCP" . each HCP stockholder will receive one share of QCP common stock for every five shares of HCP common stock held on record date .following spin-off, QCP will list its common stock on nyse under symbol "QCP.".  Full Article

HCP Q2 FFO per share $0.71
Tuesday, 9 Aug 2016 08:00am EDT 

Hcp Inc : Q2 FFO per share $0.71 . Hcp announces results for quarter ended june 30, 2016 . Sees fy 2016 FFO per share $2.72 to $2.78 . Quarterly adjusted FFO per share $0.74 . Hcp inc sees for full year 2016 eps to range between $1.83 and $1.89 . Qtrly fad per share $0.72 . Fy2016 FFO per share view $2.78 -- Thomson Reuters I/B/E/S . For full year 2016, expect to generate approximately $1.25 billion of proceeds from dispositions and RIDEA II transaction . Hcp inc sees for full year 2016 ffo as adjusted per share to range between $2.83 and $2.89 . Sees fy 2016 fad per share to range between $2.68 and $2.74 . Expect 2016 spp cash noi to increase between 1.5% and 2.5% . Excluding qcp, expect 2016 spp cash noi to increase between 2.3% and 3.3% . Q2 FFO per share view $0.70 -- Thomson Reuters I/B/E/S . Hcp Inc qtrly total revenue $662.2 million versus $607.5 million last year .Q2 revenue view $635.1 million -- Thomson Reuters I/B/E/S.  Full Article

HCP expects REIT spin-off to be completed in second half of 2016
Friday, 17 Jun 2016 08:04am EDT 

HCP : Expects that spin-off will be completed in second half of 2016. .Announces Filing Of Form 10 Registration Statement For HCP Spinco, Inc., A Spin Off of HCR ManorCare portfolio into independent, publicly-traded REIT.  Full Article

BRIEF-HCP provides update on impact of hurricane Irma

* HCP - ‍HCP's preliminary assessment indicates that its assets in impacted regions incurred either no or limited wind, flood or other storm-related damage​