Healthpeak Properties, Inc. (NYSE:DOC) Short Interest Update

Healthpeak Properties, Inc. (NYSE:DOC) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 10,720,000 shares, a growth of 10.5% from the March 15th total of 9,700,000 shares. Based on an average daily trading volume, of 7,790,000 shares, the days-to-cover ratio is presently 1.4 days.

Healthpeak Properties Price Performance

NYSE DOC opened at $18.52 on Monday. Healthpeak Properties has a 52 week low of $15.24 and a 52 week high of $22.38. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.00. The stock has a market cap of $13.14 billion, a price-to-earnings ratio of 33.07, a price-to-earnings-growth ratio of 1.82 and a beta of 1.02. The company has a 50-day moving average price of $15.35 and a two-hundred day moving average price of $13.31.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DOC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Healthpeak Properties by 10.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 80,734 shares of the real estate investment trust’s stock valued at $1,416,000 after acquiring an additional 7,698 shares in the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Healthpeak Properties by 7.9% in the first quarter. Great West Life Assurance Co. Can now owns 181,899 shares of the real estate investment trust’s stock valued at $3,317,000 after acquiring an additional 13,307 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Healthpeak Properties by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 3,118,102 shares of the real estate investment trust’s stock worth $54,693,000 after buying an additional 15,264 shares during the last quarter. Sei Investments Co. grew its position in Healthpeak Properties by 67.4% in the first quarter. Sei Investments Co. now owns 139,127 shares of the real estate investment trust’s stock worth $2,443,000 after buying an additional 56,006 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in Healthpeak Properties by 77.4% in the first quarter. Cetera Investment Advisers now owns 17,778 shares of the real estate investment trust’s stock worth $312,000 after buying an additional 7,754 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DOC has been the topic of a number of recent analyst reports. Wells Fargo & Company initiated coverage on shares of Healthpeak Properties in a research note on Monday, March 25th. They issued an “equal weight” rating and a $19.00 target price on the stock. Truist Financial cut their target price on shares of Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating on the stock in a research note on Friday, December 22nd. KeyCorp reiterated a “sector weight” rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Royal Bank of Canada increased their price objective on shares of Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Finally, StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Healthpeak Properties currently has an average rating of “Hold” and an average target price of $17.67.

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.