Healthpeak Properties (NYSE:DOC) Stock Rating Lowered by Argus

Healthpeak Properties (NYSE:DOC) was downgraded by research analysts at Argus from a “buy” rating to a “hold” rating in a report released on Thursday, Marketbeat Ratings reports.

DOC has been the subject of a number of other research reports. Evercore decreased their price target on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday. Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and cut their target price for the company from $21.00 to $17.00 in a research note on Monday, December 15th. Weiss Ratings raised Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. The Goldman Sachs Group assumed coverage on Healthpeak Properties in a research note on Friday, January 9th. They set a “neutral” rating and a $17.00 price objective on the stock. Finally, Cantor Fitzgerald set a $17.00 price target on Healthpeak Properties in a report on Monday, January 5th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Trading Up 1.1%

NYSE DOC opened at $16.86 on Thursday. Healthpeak Properties has a 12 month low of $15.71 and a 12 month high of $21.28. The company has a 50-day moving average of $16.87 and a 200-day moving average of $17.60. The company has a market cap of $11.72 billion, a P/E ratio of 168.62, a P/E/G ratio of 8.95 and a beta of 1.12. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 1.22.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The business had revenue of $719.40 million for the quarter, compared to analyst estimates of $685.14 million. During the same period last year, the company posted $0.46 EPS. The business’s quarterly revenue was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, equities analysts predict that Healthpeak Properties will post 1.86 earnings per share for the current year.

Hedge Funds Weigh In On Healthpeak Properties

Several hedge funds have recently modified their holdings of DOC. Integrated Wealth Concepts LLC lifted its position in shares of Healthpeak Properties by 7.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock valued at $366,000 after acquiring an additional 1,231 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Healthpeak Properties by 110.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock valued at $2,463,000 after purchasing an additional 63,930 shares in the last quarter. Woodline Partners LP lifted its holdings in shares of Healthpeak Properties by 41.3% in the first quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock valued at $1,195,000 after purchasing an additional 17,279 shares in the last quarter. SteelPeak Wealth LLC acquired a new stake in shares of Healthpeak Properties in the second quarter worth $980,000. Finally, KLP Kapitalforvaltning AS grew its holdings in shares of Healthpeak Properties by 21.4% during the second quarter. KLP Kapitalforvaltning AS now owns 261,319 shares of the real estate investment trust’s stock valued at $4,576,000 after buying an additional 46,100 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

About Healthpeak Properties

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.