Large Inflow of Money Witnessed in HCP

HCP (HCP) : $25.1 million worth of transactions were on upticks in HCP (HCP), compared to $16.99 million on downticks. The ratio between the two was 1.48, whereas, the net money flow stood at a healthy $8.12 million on Thursdays session.The block trades show a bullish bias with only $3.74 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $11.86million worth of trades. The up-down ratio between the uptick and downtick was 3.17, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $8.12 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.83%. The stock was trading at $34.88, with a drop of $0.65 over the previous days close. The stock recorded -1.25% for the week.


HCP (HCP) : 7 Wall Street analysts covering HCP (HCP) believe that the average level the stock could reach for the short term is $31.29. The maximum price target given is $43 and the minimum target for short term is around $23, hence the standard deviation is calculated at $6.26. The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 2.35%.

HCP (NYSE:HCP): The stock opened at $35.42 on Thursday but the bulls could not build on the opening and the stock topped out at $35.50 for the day. The stock traded down to $34.56 during the day, due to lack of any buying support eventually closed down at $34.88 with a loss of -1.83% for the day. The stock had closed at $35.53 on the previous day. The total traded volume was 3,553,982 shares.

HCP, Inc. (HCP) is a real estate investment trust (REIT). The Company invests in real estate serving the healthcare industry in the United States. Its portfolio consists of investments in various healthcare segments: senior housing, post-acute/skilled nursing, life science, medical office and hospital. Its portfolio includes owned portfolio, unconsolidated joint ventures, and developments and redevelopments. Its owned portfolio includes around 1,040 properties under lease and 68 operating properties. It has interests in unconsolidated joint ventures representing around 88 properties in its senior housing, life science and medical office segments. It has assets under development, redevelopment and land held for future development in life science and medical office segments. The properties owned by it in medical office and senior housing segments, which are under development or redevelopment include Pacific Corporate Park, Memorial Hermann, Sky Ridge, Bayfront, Folsom and Deer Park.

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