Healthpeak Properties (NYSE:DOC) Raised to "Outperform" at Wedbush

Healthpeak Properties (NYSE:DOC - Get Free Report) was upgraded by stock analysts at Wedbush from a "neutral" rating to an "outperform" rating in a research report issued to clients and investors on Friday, Marketbeat reports.

Several other research analysts have also commented on the stock. Mizuho restated a "buy" rating and issued a $22.00 price target on shares of Healthpeak Properties in a report on Monday, April 22nd. Bank of America upgraded shares of Healthpeak Properties from an "underperform" rating to a "buy" rating and raised their price target 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. StockNews.com lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Friday, April 26th. Finally, Wells Fargo & Company assumed coverage on shares of Healthpeak Properties in a report on Monday, March 25th. They issued an "equal weight" rating and a $19.00 price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $18.36.

Healthpeak Properties Trading Down 1.0 %

Shares of DOC stock traded down $0.19 during trading hours on Friday, hitting $18.98. 4,096,640 shares of the company were exchanged, compared to its average volume of 7,204,526. Healthpeak Properties has a 1 year low of $15.24 and a 1 year high of $22.38. The firm has a fifty day moving average of $17.42 and a 200 day moving average of $13.99. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 0.92. The firm has a market cap of $13.36 billion, a PE ratio of 54.23, a PEG ratio of 1.86 and a beta of 1.01.

Institutional Trading of Healthpeak Properties

A number of hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC increased its stake in Healthpeak Properties by 274.6% during the fourth quarter. Parallel Advisors LLC now owns 4,072 shares of the real estate investment trust's stock valued at $54,000 after purchasing an additional 2,985 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Healthpeak Properties by 42.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,750 shares of the real estate investment trust's stock valued at $70,000 after purchasing an additional 1,712 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Healthpeak Properties during the third quarter valued at $124,000. Quadrant Capital Group LLC increased its stake in Healthpeak Properties by 645.4% during the fourth quarter. Quadrant Capital Group LLC now owns 9,646 shares of the real estate investment trust's stock valued at $128,000 after purchasing an additional 8,352 shares during the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in Healthpeak Properties during the fourth quarter valued at $134,000. 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.