Edition:
United States

HCP Inc (HCP.N)

HCP.N on New York Stock Exchange

23.13USD
21 May 2018
Change (% chg)

$0.11 (+0.48%)
Prev Close
$23.02
Open
$22.90
Day's High
$23.23
Day's Low
$22.49
Volume
802,249
Avg. Vol
1,061,210
52-wk High
$33.67
52-wk Low
$21.48

Latest Key Developments (Source: Significant Developments)

HCP And Atria Senior Living Announce Agreement To Transition Management Of 24 Senior Housing Communities To Atria
Monday, 5 Mar 2018 09:00am EST 

March 5 (Reuters) - Hcp Inc ::HCP AND ATRIA SENIOR LIVING ANNOUNCE AGREEMENT TO TRANSITION MANAGEMENT OF 24 SENIOR HOUSING COMMUNITIES TO ATRIA.HCP INC - TRANSITIONS WILL BEGIN IN MARCH 2018 AND ARE EXPECTED TO BE COMPLETED BY SEPTEMBER 2018.  Full Article

HCP Reports Q4 Adjusted FFO Per Share $0.48
Tuesday, 13 Feb 2018 08:00am EST 

Feb 13 (Reuters) - Hcp Inc ::HCP ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED 2017.Q4 ADJUSTED FFO PER SHARE $0.48.SEES FY 2018 ADJUSTED ‍FFO EARNINGS PER SHARE $1.77 TO $1.83​.Q4 FFO PER SHARE VIEW $0.47 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $1.83 -- THOMSON REUTERS I/B/E/S.  Full Article

HCP Announces Retirement Of Executive Chairman Mike Mckee
Monday, 5 Feb 2018 08:00am EST 

Feb 5 (Reuters) - HCP Inc ::HCP ANNOUNCES RETIREMENT OF EXECUTIVE CHAIRMAN MIKE MCKEE.HCP INC - DAVE HENRY HAS BEEN APPOINTED TO SERVE AS NON-EXECUTIVE CHAIRMAN.  Full Article

HCP announces Q3 FFO per share $0.33
Thursday, 2 Nov 2017 07:02am EDT 

Nov 2 (Reuters) - HCP Inc :HCP announces results for the quarter ended september 30, 2017.Sees FY 2017 FFO per share $1.74 to $1.78.Q3 FFO per share $0.33.HCP Inc - ‍Increased 2017 ffo as adjusted guidance range and reaffirmed aggregate 2017 spp cash NOI growth guidance​.Q3 adjusted FFO per share $0.48.HCP Inc - ‍As result of hurricane Harvey, Irma during Q3 , co recorded $11 million of casualty losses, net of a small insurance recovery​.HCP Inc - Sees ‍FY 2017 FFO as adjusted per share to range between $1.92 and $1.96​.Q3 FFO per share view $0.46 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $1.92 -- Thomson Reuters I/B/E/S.HCP Inc - ‍ As a result of hurricane Harvey and hurricane Irma during Q3, recorded $11 million of casualty losses, net of a small insurance recovery​.  Full Article

Brookdale enters into multi-part transaction agreement with HCP
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Brookdale Senior Living Inc :Brookdale enters into multi-part transaction agreement with HCP.Brookdale Senior Living Inc - ‍Brookdale will acquire six communities for $275 million, plus transaction costs​.  Full Article

HCP reports transactions to further reduce Brookdale portfolio concentration
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - HCP Inc ::HCP announces transactions to further reduce Brookdale portfolio concentration.HCP Inc - ‍ agreed to sell its remaining investments in ridea ii senior housing joint venture to an investor group led by CPA for $332 million​.HCP - ‍ intends to use proceeds from dispositions primarily to repay debt and for general corporate purposes​.HCP - ‍ Ridea ii joint venture owns 49 communities, of which 46 are managed by Brookdale senior living​.  Full Article

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

BRIEF-HCP Inc Reports Quarterly FFO Of $0.47 Per Share

* FOR FULL YEAR 2018, CO REAFFIRMING AFFO PER SHARE, FFO PER SHARE, NET INCOME PER SHARE