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

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

A number of other research firms have also weighed in on DOC. Mizuho reduced their price objective 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. 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 report on Wednesday, January 15th. 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 report on Tuesday, December 10th. Wedbush decreased their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Finally, Robert W. Baird 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 report on Tuesday, February 11th. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Stock Down 0.9 %

Shares of Healthpeak Properties stock traded down $0.17 during trading on Thursday, hitting $20.03. The company’s stock had a trading volume of 3,848,151 shares, compared to its average volume of 4,720,646. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. The company has a fifty day simple moving average of $20.21 and a two-hundred day simple moving average of $21.25. The company has a market capitalization of $14.01 billion, a PE ratio of 57.22, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties has a 52 week low of $16.66 and a 52 week high of $23.26.

Institutional Trading of Healthpeak Properties

Large investors have recently added to or reduced their stakes in the business. Mizuho Bank Ltd. bought a new stake in Healthpeak Properties during the fourth quarter valued at approximately $28,000. Harvest Fund Management Co. Ltd bought a new stake in Healthpeak Properties during the fourth quarter valued at approximately $30,000. Avior Wealth Management LLC bought a new stake in Healthpeak Properties during the third quarter valued at approximately $37,000. Groupama Asset Managment bought a new stake in Healthpeak Properties during the third quarter valued at approximately $37,000. Finally, Covestor Ltd grew its position in Healthpeak Properties by 173.8% during 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 period. 93.57% of the stock is currently owned by institutional investors.

About Healthpeak Properties

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.