Healthpeak Properties (NYSE:DOC) Downgraded to "Sell" Rating by StockNews.com

Healthpeak Properties (NYSE:DOC - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Monday.

A number of other equities analysts have also commented on DOC. Scotiabank cut their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a report on Friday, February 28th. Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target for the company in a report on Wednesday, January 15th. Wedbush restated an "outperform" rating and set a $24.00 price objective on shares of Healthpeak Properties in a report on Friday, April 11th. Finally, Robert W. Baird cut their target price on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.83.

Healthpeak Properties Stock Up 0.9 %

Shares of NYSE DOC traded up $0.17 on Monday, hitting $18.75. The company had a trading volume of 4,277,247 shares, compared to its average volume of 4,905,905. The firm has a market capitalization of $13.11 billion, a P/E ratio of 53.56, a PEG ratio of 2.17 and a beta of 1.02. The business has a 50 day moving average of $19.68 and a two-hundred day moving average of $20.68. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties has a 12-month low of $17.33 and a 12-month high of $23.26.

Hedge Funds Weigh In On Healthpeak Properties

Large investors have recently made changes to their positions in the business. Insigneo Advisory Services LLC raised its holdings in shares of Healthpeak Properties by 35.3% during the 1st quarter. Insigneo Advisory Services LLC now owns 20,906 shares of the real estate investment trust's stock valued at $423,000 after purchasing an additional 5,451 shares in the last quarter. QRG Capital Management Inc. raised its stake in Healthpeak Properties by 303.5% during the 1st quarter. QRG Capital Management Inc. now owns 108,520 shares of the real estate investment trust's stock worth $2,194,000 after buying an additional 81,622 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Healthpeak Properties by 34.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 839,507 shares of the real estate investment trust's stock worth $16,975,000 after purchasing an additional 217,120 shares in the last quarter. Hanson & Doremus Investment Management boosted its position in shares of Healthpeak Properties by 85.0% in the first quarter. Hanson & Doremus Investment Management now owns 3,483 shares of the real estate investment trust's stock valued at $70,000 after acquiring an additional 1,600 shares during the period. Finally, Foster Victor Wealth Advisors LLC grew its stake in shares of Healthpeak Properties by 5.6% in the first quarter. Foster Victor Wealth Advisors LLC now owns 318,488 shares of the real estate investment trust's stock valued at $6,440,000 after acquiring an additional 16,856 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

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.