Brokerages Set Healthpeak Properties, Inc. (NYSE:DOC) Price Target at $17.67

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have earned an average rating of “Hold” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $17.67.

A number of research analysts have issued reports on DOC shares. Compass Point lowered their price objective on Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, January 2nd. Wells Fargo & Company initiated coverage on Healthpeak Properties in a research note on Monday, March 25th. They set an “equal weight” rating and a $19.00 price objective for the company. Royal Bank of Canada boosted their price target on Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Finally, Truist Financial decreased their price target on Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating for the company in a research note on Friday, December 22nd.

Healthpeak Properties Stock Down 1.2 %

Shares of NYSE:DOC opened at $18.30 on Friday. The stock has a fifty day simple moving average of $15.48 and a two-hundred day simple moving average of $13.35. The stock has a market capitalization of $12.99 billion, a price-to-earnings ratio of 32.68, a PEG ratio of 1.82 and a beta of 1.02. Healthpeak Properties has a 12-month low of $15.24 and a 12-month 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.

Institutional Trading of Healthpeak Properties

A number of hedge funds have recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. increased its position in Healthpeak Properties by 36.4% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 23,793 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 6,354 shares during the last quarter. Virtu Financial LLC purchased a new stake in Healthpeak Properties during the fourth quarter valued at $372,000. Novak & Powell Financial Services Inc. purchased a new stake in Healthpeak Properties during the fourth quarter valued at $206,000. Price T Rowe Associates Inc. MD increased its position in Healthpeak Properties by 2.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 122,327 shares of the real estate investment trust’s stock valued at $1,629,000 after acquiring an additional 2,926 shares during the last quarter. Finally, Employees Retirement System of Texas increased its position in Healthpeak Properties by 9.4% during the fourth quarter. Employees Retirement System of Texas now owns 232,000 shares of the real estate investment trust’s stock valued at $3,088,000 after acquiring an additional 20,000 shares during the last quarter. Hedge funds and other institutional investors 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.