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

Healthpeak Properties (NYSE:DOC - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a report released on Saturday.

Several other research firms also recently weighed in on DOC. Scotiabank dropped their target price on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Wedbush cut their price objective on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Morgan Stanley upgraded 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 reduced their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Tuesday, December 10th. Finally, Mizuho cut their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $23.92.

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Healthpeak Properties Trading Down 1.4 %

Healthpeak Properties stock traded down $0.29 during trading on Friday, hitting $20.16. The company had a trading volume of 4,378,232 shares, compared to its average volume of 4,629,563. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. The company's 50 day simple moving average is $20.25 and its 200-day simple moving average is $21.15. Healthpeak Properties has a 1-year low of $17.45 and a 1-year high of $23.26. The stock has a market cap of $14.10 billion, a price-to-earnings ratio of 57.60, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Institutional Trading of Healthpeak Properties

Hedge funds have recently made changes to their positions in the company. State Street Corp purchased a new position in shares of Healthpeak Properties during the 3rd quarter worth approximately $1,093,576,000. JPMorgan Chase & Co. boosted its holdings in Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock worth $493,115,000 after buying an additional 4,056,931 shares in the last quarter. Geode Capital Management LLC grew its position in Healthpeak Properties by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust's stock worth $371,168,000 after buying an additional 638,012 shares during the period. Principal Financial Group Inc. grew its position in Healthpeak Properties by 2,113.5% during the fourth quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust's stock worth $367,575,000 after buying an additional 17,314,572 shares during the period. Finally, Fuller & Thaler Asset Management Inc. increased its holdings in Healthpeak Properties by 10.6% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 17,267,917 shares of the real estate investment trust's stock valued at $350,021,000 after buying an additional 1,651,235 shares in the last quarter. Institutional investors and hedge funds 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.