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

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

Other research analysts also recently issued research reports about the company. Wedbush dropped their price target on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Mizuho lowered their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Robert W. Baird lowered their target price 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. Morgan Stanley raised 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. Finally, Wells Fargo & Company lowered their target price 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. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Stock Up 2.1 %

DOC stock opened at $20.45 on Thursday. The company has a market cap 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 business has a 50-day simple moving average of $20.21 and a 200 day simple moving average of $21.24. Healthpeak Properties has a 52 week low of $16.66 and a 52 week high of $23.26. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Institutional Trading of Healthpeak Properties

Several hedge funds and other institutional investors have recently made changes to their positions in DOC. Mizuho Bank Ltd. bought a new stake in shares of Healthpeak Properties during the fourth quarter worth about $28,000. Harvest Fund Management Co. Ltd bought a new stake in Healthpeak Properties in the fourth quarter valued at approximately $30,000. Avior Wealth Management LLC bought a new stake in Healthpeak Properties in the third quarter valued at approximately $37,000. Groupama Asset Managment bought a new stake in Healthpeak Properties in the third quarter valued at approximately $37,000. Finally, Covestor Ltd boosted 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 acquiring an additional 1,152 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

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.