Healthpeak Properties, Inc. (NYSE:DOC) Given Consensus Recommendation of “Hold” by Analysts

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have been assigned an average recommendation of “Hold” from the nine analysts that are currently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $17.67.

A number of equities research analysts have commented on the company. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Bank of America upgraded shares of Healthpeak Properties from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $18.00 to $25.00 in a report on Monday, April 1st. KeyCorp restated a “sector weight” rating on shares of Healthpeak Properties in a report on Friday, January 5th. Wells Fargo & Company began coverage on shares of Healthpeak Properties in a research report on Monday, March 25th. They issued an “equal weight” rating and a $19.00 price target on the stock. Finally, Compass Point decreased their price objective on Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating for the company in a report on Tuesday, January 2nd.

Healthpeak Properties Price Performance

Shares of NYSE DOC opened at $18.52 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.00. The firm’s 50-day moving average price is $15.35 and its 200-day moving average price is $13.29. The firm has a market capitalization of $13.14 billion, a P/E ratio of 33.07, a P/E/G ratio of 1.84 and a beta of 1.02. Healthpeak Properties has a 1-year low of $15.24 and a 1-year high of $22.38.

Hedge Funds Weigh In On Healthpeak Properties

Hedge funds and other institutional investors have recently modified their holdings of the business. Orion Portfolio Solutions LLC lifted its holdings in Healthpeak Properties by 31.6% during the third quarter. Orion Portfolio Solutions LLC now owns 386,844 shares of the real estate investment trust’s stock worth $4,716,000 after acquiring an additional 92,966 shares during the period. GSA Capital Partners LLP purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth about $741,000. Employees Retirement System of Texas grew its position in Healthpeak Properties by 39.5% during the third quarter. Employees Retirement System of Texas now owns 212,000 shares of the real estate investment trust’s stock valued at $2,584,000 after buying an additional 60,000 shares during the period. American Century Companies Inc. increased its holdings in Healthpeak Properties by 2.0% during the third quarter. American Century Companies Inc. now owns 3,364,875 shares of the real estate investment trust’s stock worth $41,018,000 after buying an additional 65,814 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in Healthpeak Properties by 11.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 646,048 shares of the real estate investment trust’s stock worth $8,767,000 after acquiring an additional 63,915 shares during the period. 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.