HCP, Inc. (NYSE:HCP) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $34.93 and traded as high as $37.49. HCP shares last traded at $37.28, with a volume of 3,100,809 shares changing hands.

The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $18.05 billion, a price-to-earnings ratio of 20.48, a P/E/G ratio of 6.81 and a beta of 0.22. The company has a fifty day moving average of $35.67 and a two-hundred day moving average of $34.96.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HCP. Millennium Management LLC boosted its holdings in shares of HCP by 8,802.0% during the 3rd quarter. Millennium Management LLC now owns 1,074,294 shares of the real estate investment trust’s stock valued at $38,277,000 after acquiring an additional 1,062,226 shares in the last quarter. State Street Corp boosted its holdings in shares of HCP by 3.0% during the 3rd quarter. State Street Corp now owns 36,139,545 shares of the real estate investment trust’s stock valued at $1,287,652,000 after acquiring an additional 1,046,182 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of HCP by 22.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,689,223 shares of the real estate investment trust’s stock valued at $131,270,000 after acquiring an additional 683,578 shares in the last quarter. V3 Capital Management L.P. acquired a new stake in shares of HCP during the 3rd quarter valued at $23,694,000. Finally, California Public Employees Retirement System boosted its holdings in shares of HCP by 10.9% during the 3rd quarter. California Public Employees Retirement System now owns 4,038,733 shares of the real estate investment trust’s stock valued at $143,900,000 after acquiring an additional 397,276 shares in the last quarter. 95.80% of the stock is currently owned by institutional investors.

About HCP (NYSE:HCP)

HCP, Inc is a fully integrated real estate investment trust (REIT) that invests in real estate serving the healthcare industry in the United States. HCP owns a large-scale portfolio primarily diversified across life science, medical office and senior housing. Recognized as a global leader in sustainability, HCP has been a publicly-traded company since 1985 and was the first healthcare REIT selected to the S&P 500 index.

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