Prior to the opening bell today, a few big-name dividend stocks were subject to analyst moves. The most important shifts of the day are highlighted below.
1. Goldman Sachs Upgraded by Oppenheimer
Oppenheimer upgraded Goldman Sachs (GS ) from Perform to Outperform, with a price target of $236. Shares of Goldman Sachs closed at $180.94 yesterday. Goldman Sachs pays an annual dividend of $2.60 (paid quarterly) and has a yield of 1.44%.
2. Douglas Emmett Inc. Upgraded by Mizuho Securities
Mizuho Securities upgraded Douglas Emmett Inc. (DEI ) from Neutral to Buy, with a price target of $33 (from $32). Shares of Douglas Emmett Inc. closed at $29.56 yesterday. The company pays an annual dividend of 84 cents (paid quarterly) and has a yield of 2.84%.
3. LTC Properties Upgraded by Mizuho Securities
Mizuho Securities upgraded LTC Properties (LTC ) from Neutral to Buy, with a price target of $47 (from $44). Shares of LTC Properties closed at $41.71 yesterday. The company pays an annual dividend of $1.76 (paid monthly) and has a yield of 4.22%.
4. HCP Downgraded by Goldman Sachs
Goldman Sachs downgraded HCP (HCP) from Neutral to Sell, with a price target of $38. Shares of HCP closed at $38.60 yesterday. The company pays an annual dividend of $2.26 (paid quarterly) and has a yield of 5.85%.
5. Boston Properties Inc. Downgraded by Mizuho Securities
Mizuho Securities downgraded Boston Properties Inc. (BXP ) from Buy to Neutral, with a price target of $128 (from $157). Shares of Boston Properties Inc. closed at $118.65 yesterday. Boston Properties Inc. pays an annual dividend of $2.60 (paid quarterly) and has a yield of 2.19%.
