Report
Brad Schwer
EUR 101.80 For Business Accounts Only

HCP needs to re-establish itself as a premier healthcare real estate platform post-HCRMC.

Nothing in narrow moat-rated HCP’s results alters our long-term view of the firm. After a softer second quarter, with same property portfolio cash net operating income growth dipping below our long-term expectations, the third quarter was a strong reversal. Total year-over-year cash net operating income rose by 3.2%, well above our forecast long-term trend of 2.4%. That said, this was well in-line and toward the high end of management’s full-year 2017 guidance, as well as our estimates for 2017....
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brad Schwer

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