Market Update (NYSE:HCP): IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims Against HCP, Inc. and Advises Investors With Losses to Contact the Firm

[Business Wire] – Goldberg Law PC announces that it is investigating claims of potential misrepresentations by HCP, Inc. . The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors. Read more on this. HCP, Inc. (HCP) , with a current value of $15.98B, opened at $34.09. Looking at today’s trading action, the company’s one day range from $33.72 to $34.48 with the price of the stock fluctuating between $25.11 to $40.90 over the last 52 weeks. HCP shares are currently priced at 12.36x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.52x earnings multiple. And for passive income investors, the company pays shareholders $2.30 per share annually in dividends, yielding 6.74%. In a review of the consensus earnings estimate this quarter, 15 sell-side analysts are looking at $0.69 per share, which would be $0.10 worse than the year-ago quarter and a $0.02 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.76, which would be a $0.40 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $631.25 Million. If realized, that would be a 3.90% increase over the year-ago quarter. Recently, Jefferies upgraded HCP from Underperform to Hold (May 10, 2016). Previously, UBS downgraded HCP from Buy to Neutral. The average price target for HCP shares by the analysts covering it is $31.00, which is 9.06% below where the stock opened. See more in (NYSE:HCP) Similar Articles: Stock Update (NYSE:HCP): EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against HCP, Inc. – HCP Stock Update (NYSE:SRE): SHAREHOLDER ALERT: Lundin Law PC Announces Investigation Of Sempra Energy And Urges Investors To Contact the Firm Stock Update: Sempra Energy (NYSE:SRE) – IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces An Ongoing Investigation of Claims Against Sempra Energy And Strongly Encourages With Losses In Excess of $300,000 To Contact The Firm
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