Lasalle Investment Management Securities Has Lifted Its Hcp (HCP) Position, LPL Financial Holdings (LPLA) Has 1.67 Sentiment

June 19, 2017 - By marketbeat

LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors and an independent consultant to retirement plans. The company has market cap of $3.79 billion. The Firm provides a platform of brokerage and investment advisory services to independent financial advisors, including financial advisors at financial institutions across the country. It has a 20.04 P/E ratio. It also supported approximately 4,000 financial advisors, affiliated and licensed with insurance companies through customized clearing services, advisory platforms and technology solutions, as of December 31, 2016.

Lasalle Investment Management Securities Llc increased Hcp Inc (HCP) stake by 10810.18% reported in 2016Q4 SEC filing. Lasalle Investment Management Securities Llc acquired 5.88 million shares as Hcp Inc (HCP)’s stock rose 2.09%. The Lasalle Investment Management Securities Llc holds 5.94 million shares with $176.39 million value, up from 54,400 last quarter. Hcp Inc now has $15.44B valuation. The stock rose 0.28% or $0.09 reaching $32.6 per share. About 1.43M shares traded. HCP, Inc. (NYSE:HCP) has risen 8.01% since June 19, 2016 and is uptrending. It has underperformed by 8.69% the S&P500.

About 176,788 shares traded. LPL Financial Holdings Inc (LPLA) has risen 64.23% since June 19, 2016 and is uptrending. It has outperformed by 47.53% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 10 selling transactions for $68.94 million activity.

Analysts await LPL Financial Holdings Inc (NASDAQ:LPLA) to report earnings on July, 27. They expect $0.65 EPS, up 22.64% or $0.12 from last year’s $0.53 per share. LPLA’s profit will be $58.71M for 16.14 P/E if the $0.65 EPS becomes a reality. After $0.66 actual EPS reported by LPL Financial Holdings Inc for the previous quarter, Wall Street now forecasts -1.52% negative EPS growth.

Ratings analysis reveals 0 of LPL Financial’s analysts are positive. Out of 5 Wall Street analysts rating LPL Financial, 0 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $27.0 while the high is $35.0. The stock’s average target of $31 is -26.12% below today’s ($41.96) share price. LPLA was included in 5 notes of analysts from August 22, 2016. Morgan Stanley initiated LPL Financial Holdings Inc (NASDAQ:LPLA) on Monday, September 26 with “Underweight” rating. As per Tuesday, January 10, the company rating was upgraded by Goldman Sachs. The stock of LPL Financial Holdings Inc (NASDAQ:LPLA) has “Neutral” rating given on Monday, August 22 by Credit Suisse. UBS upgraded LPL Financial Holdings Inc (NASDAQ:LPLA) on Thursday, November 10 to “Neutral” rating. The firm earned “Neutral” rating on Wednesday, October 12 by JP Morgan.

Hmi Capital Llc holds 15.29% of its portfolio in LPL Financial Holdings Inc for 2.78 million shares. Fairview Capital Investment Management Llc owns 4.66 million shares or 12.16% of their US portfolio. Moreover, Fpr Partners Llc has 6.48% invested in the company for 7.97 million shares. The California-based Spo Advisory Corp has invested 6.25% in the stock. Dragoneer Investment Group Llc, a California-based fund reported 694,596 shares.

Among 17 analysts covering HCP (NYSE:HCP), 3 have Buy rating, 0 Sell and 14 Hold. Therefore 18% are positive. HCP had 39 analyst reports since September 8, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, November 4. Citigroup maintained HCP, Inc. (NYSE:HCP) on Wednesday, August 24 with “Neutral” rating. The company was downgraded on Wednesday, January 6 by Barclays Capital. The stock of HCP, Inc. (NYSE:HCP) earned “Neutral” rating by UBS on Wednesday, March 16. JP Morgan maintained the stock with “Neutral” rating in Tuesday, March 15 report. On Tuesday, January 12 the stock rating was downgraded by Jefferies to “Underperform”. Morgan Stanley upgraded HCP, Inc. (NYSE:HCP) on Monday, March 20 to “Equal-Weight” rating. As per Monday, May 15, the company rating was maintained by Jefferies. As per Tuesday, September 8, the company rating was maintained by Evercore. The rating was reinitiated by Barclays Capital with “Equal Weight” on Thursday, January 5.

Since March 16, 2017, it had 0 insider buys, and 2 sales for $383,004 activity. Klaritch Thomas also sold $83,595 worth of HCP, Inc. (NYSE:HCP) shares. $299,409 worth of HCP, Inc. (NYSE:HCP) shares were sold by Anderson Scott A.

Lasalle Investment Management Securities Llc decreased Equity Residential (NYSE:EQR) stake by 1.15 million shares to 12.69M valued at $816.90 million in 2016Q4. It also reduced Camden Property Trust (NYSE:CPT) stake by 810,369 shares and now owns 4.37M shares. Cubesmart (NYSE:CUBE) was reduced too.

Investors sentiment decreased to 0.83 in 2016 Q4. Its down 0.13, from 0.96 in 2016Q3. It is negative, as 76 investors sold HCP shares while 199 reduced holdings. 66 funds opened positions while 161 raised stakes. 417.84 million shares or 0.86% less from 421.45 million shares in 2016Q3 were reported. Conning holds 0.04% of its portfolio in HCP, Inc. (NYSE:HCP) for 30,166 shares. Investment Centers Of America Inc holds 0.08% or 31,635 shares. Wendell David Assoc owns 19,200 shares. Fdx Advsr reported 9,964 shares. New Jersey-based Jacobs Levy Equity Management has invested 0.07% in HCP, Inc. (NYSE:HCP). Trillium Asset Ltd Liability Corporation has invested 0.89% in HCP, Inc. (NYSE:HCP). Blue Fin invested 0.17% of its portfolio in HCP, Inc. (NYSE:HCP). First Manhattan accumulated 1 shares or 0% of the stock. Cetera Advsrs Llc invested in 13,286 shares or 0.03% of the stock. 167,890 are held by Teacher Retirement Of Texas. Commerzbank Aktiengesellschaft Fi reported 53,284 shares stake. British Columbia Invest Mngmt Corp has 208,390 shares. Susquehanna Gp Llp has 0% invested in HCP, Inc. (NYSE:HCP) for 249,388 shares. King Wealth Management Grp Incorporated Ltd Liability Corp owns 11,242 shares. The Australia-based Westpac has invested 0% in HCP, Inc. (NYSE:HCP).

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