Healthpeak Properties (NYSE:DOC) Stock Rating Upgraded by StockNews.com

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

Other analysts also recently issued reports about the stock. Wedbush lowered their price objective on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Wells Fargo & Company decreased their target price on shares of 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. Mizuho decreased their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Scotiabank decreased their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. Finally, Morgan Stanley raised shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research note on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Price Performance

NYSE DOC opened at $20.45 on Thursday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties has a 12-month low of $16.66 and a 12-month high of $23.26. The company has a market capitalization of $14.30 billion, a PE ratio of 58.42, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. The firm’s 50 day moving average is $20.21 and its 200-day moving average is $21.24.

Institutional Investors Weigh In On Healthpeak Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Healthpeak Properties during the fourth quarter worth $4,806,000. Wealthedge Investment Advisors LLC acquired a new stake in shares of Healthpeak Properties during the fourth quarter worth $479,000. Comprehensive Money Management Services LLC acquired a new stake in shares of Healthpeak Properties during the fourth quarter worth $313,000. Menard Financial Group LLC lifted its holdings in shares of Healthpeak Properties by 11.8% during the fourth quarter. Menard Financial Group LLC now owns 16,663 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 1,765 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Healthpeak Properties during the fourth quarter worth $30,153,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

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.