Mizuho Reiterates “Buy” Rating for Healthpeak Properties (NYSE:DOC)

Mizuho reaffirmed their buy rating on shares of Healthpeak Properties (NYSE:DOC) in a report published on Monday, Marketbeat reports. Mizuho currently has a $22.00 target price on the real estate investment trust’s stock.

A number of other research firms have also commented on DOC. Wells Fargo & Company started coverage on shares of Healthpeak Properties in a research note on Monday, March 25th. They issued an equal weight rating and a $19.00 price objective on the stock. StockNews.com upgraded shares of Healthpeak Properties from a sell rating to a hold rating in a research note on Friday, April 5th. KeyCorp restated a sector weight rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Compass Point dropped their price objective on shares of Healthpeak Properties from $19.00 to $18.00 and set a buy rating on the stock in a research note on Tuesday, January 2nd. Finally, Royal Bank of Canada lifted their price objective on shares of Healthpeak Properties from $21.00 to $22.00 and gave the company an outperform rating in a research note on Wednesday, April 10th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of $18.10.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $18.23 on Monday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $12.93 billion, a P/E ratio of 32.54, a P/E/G ratio of 1.77 and a beta of 1.02. Healthpeak Properties has a 12 month low of $15.24 and a 12 month high of $22.38. The company’s fifty day moving average price is $16.10 and its 200 day moving average price is $13.57.

Institutional Trading of Healthpeak Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Amalgamated Bank boosted its holdings in shares of Healthpeak Properties by 0.6% in the fourth quarter. Amalgamated Bank now owns 136,805 shares of the real estate investment trust’s stock valued at $1,821,000 after acquiring an additional 854 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Healthpeak Properties by 1.3% in the third quarter. Arizona State Retirement System now owns 67,879 shares of the real estate investment trust’s stock valued at $827,000 after acquiring an additional 877 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in Healthpeak Properties by 0.3% during the third quarter. New York State Teachers Retirement System now owns 345,580 shares of the real estate investment trust’s stock worth $4,213,000 after buying an additional 938 shares in the last quarter. Retirement Systems of Alabama boosted its holdings in Healthpeak Properties by 0.3% during the fourth quarter. Retirement Systems of Alabama now owns 298,692 shares of the real estate investment trust’s stock worth $3,976,000 after buying an additional 956 shares in the last quarter. Finally, Mckinley Capital Management LLC boosted its holdings in Healthpeak Properties by 2.8% during the fourth quarter. Mckinley Capital Management LLC now owns 41,458 shares of the real estate investment trust’s stock worth $552,000 after buying an additional 1,114 shares in the last quarter. Hedge funds and other institutional investors 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.