Healthpeak Properties, Inc. (NYSE:PEAK) Receives Consensus Rating of “Hold” from Analysts

Shares of Healthpeak Properties, Inc. (NYSE:PEAKGet Rating) have earned an average rating of “Hold” from the eleven ratings firms that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $31.27.

PEAK has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Healthpeak Properties from $27.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 1st. Evercore ISI upgraded shares of Healthpeak Properties from an “in-line” rating to an “outperform” rating and set a $28.00 target price for the company in a research note on Monday. Wolfe Research raised Healthpeak Properties from a “peer perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a research report on Wednesday, September 28th. Mizuho cut their price target on Healthpeak Properties from $37.00 to $29.00 and set a “neutral” rating for the company in a report on Friday, July 29th. Finally, Barclays decreased their price objective on Healthpeak Properties from $38.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday, September 9th.

Healthpeak Properties Stock Up 0.8 %

Shares of PEAK stock opened at $25.40 on Wednesday. The stock’s 50 day simple moving average is $23.78 and its 200 day simple moving average is $26.04. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.83 and a current ratio of 0.83. Healthpeak Properties has a twelve month low of $21.41 and a twelve month high of $36.85. The company has a market capitalization of $13.65 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 3.22 and a beta of 0.81.

Healthpeak Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 18th. Stockholders of record on Monday, November 7th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.72%. The ex-dividend date was Friday, November 4th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 125.00%.

Institutional Investors Weigh In On Healthpeak Properties

Institutional investors have recently modified their holdings of the business. Cetera Advisor Networks LLC lifted its stake in Healthpeak Properties by 13.2% in the first quarter. Cetera Advisor Networks LLC now owns 20,449 shares of the company’s stock valued at $702,000 after buying an additional 2,389 shares during the period. Swiss National Bank boosted its stake in Healthpeak Properties by 14.0% during the 1st quarter. Swiss National Bank now owns 2,334,886 shares of the company’s stock worth $80,157,000 after acquiring an additional 286,200 shares during the last quarter. ING Groep NV grew its holdings in Healthpeak Properties by 20.3% during the second quarter. ING Groep NV now owns 103,911 shares of the company’s stock valued at $2,692,000 after purchasing an additional 17,506 shares during the period. State of Michigan Retirement System increased its stake in Healthpeak Properties by 0.3% in the first quarter. State of Michigan Retirement System now owns 136,093 shares of the company’s stock valued at $4,672,000 after purchasing an additional 384 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in Healthpeak Properties by 7.5% in the first quarter. Raymond James & Associates now owns 473,987 shares of the company’s stock worth $16,272,000 after purchasing an additional 32,926 shares during the period. Institutional investors and hedge funds own 95.24% of the company’s stock.

About Healthpeak Properties

(Get Rating)

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing, designed to provide stability through the inevitable industry cycles.

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Analyst Recommendations for Healthpeak Properties (NYSE:PEAK)

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