Healthpeak Properties (NYSE:DOC) Upgraded to “Hold” at StockNews.com

Healthpeak Properties (NYSE:DOC) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other brokerages have also weighed in on DOC. Wells Fargo & Company cut their price target on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 10th. Robert W. Baird cut their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Scotiabank dropped their price target on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research report on Friday, February 28th. Mizuho decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Finally, Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research note on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $23.92.

Healthpeak Properties Stock Down 1.6 %

Shares of DOC stock opened at $20.02 on Friday. Healthpeak Properties has a 1-year low of $17.45 and a 1-year high of $23.26. The stock’s fifty day moving average price is $20.24 and its 200 day moving average price is $21.17. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $14.00 billion, a price-to-earnings ratio of 57.19, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Institutional Trading of Healthpeak Properties

Several hedge funds have recently modified their holdings of DOC. Mizuho Bank Ltd. acquired a new stake in shares of Healthpeak Properties in the fourth quarter valued at $28,000. Harvest Fund Management Co. Ltd purchased a new position in Healthpeak Properties in the fourth quarter valued at $30,000. Avior Wealth Management LLC purchased a new position in Healthpeak Properties in the third quarter valued at $37,000. Groupama Asset Managment purchased a new position in Healthpeak Properties in the third quarter valued at $37,000. Finally, Covestor Ltd increased its holdings in Healthpeak Properties by 173.8% in the fourth quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,152 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.