Healthpeak Properties’ (DOC) “Buy” Rating Reiterated at Mizuho

Mizuho reissued their buy rating on shares of Healthpeak Properties (NYSE:DOC) in a research note released on Monday, MarketBeat Ratings reports. The brokerage currently has a $22.00 price target on the real estate investment trust’s stock.

Several other research firms have also recently issued reports on DOC. Compass Point dropped their price target on Healthpeak Properties from $19.00 to $18.00 and set a buy rating on the stock in a report on Tuesday, January 2nd. Wells Fargo & Company began coverage on shares of Healthpeak Properties in a research note on Monday, March 25th. They set an equal weight rating and a $19.00 target price on the stock. KeyCorp reissued a sector weight rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Bank of America raised shares of Healthpeak Properties from an underperform rating to a buy rating and boosted their target price for the company from $18.00 to $25.00 in a research note on Monday, April 1st. Finally, StockNews.com raised shares of Healthpeak Properties from a sell rating to a hold rating in a research note on Friday, April 5th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Hold and a consensus price target of $18.10.

Healthpeak Properties Price Performance

NYSE DOC opened at $18.64 on Monday. The stock has a market capitalization of $13.22 billion, a P/E ratio of 33.28, a P/E/G ratio of 1.80 and a beta of 1.02. Healthpeak Properties has a 1 year low of $15.24 and a 1 year high of $22.38. The business’s fifty day moving average is $16.38 and its two-hundred day moving average is $13.65. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.67 and a current ratio of 0.67.

Institutional Investors Weigh In On Healthpeak Properties

A number of large investors have recently bought and sold shares of DOC. Orion Portfolio Solutions LLC boosted its holdings in Healthpeak Properties by 31.6% during the third quarter. Orion Portfolio Solutions LLC now owns 386,844 shares of the real estate investment trust’s stock valued at $4,716,000 after acquiring an additional 92,966 shares during the period. GSA Capital Partners LLP acquired a new position in Healthpeak Properties in the third quarter worth about $741,000. Employees Retirement System of Texas raised its position in Healthpeak Properties by 39.5% in the third quarter. Employees Retirement System of Texas now owns 212,000 shares of the real estate investment trust’s stock worth $2,584,000 after purchasing an additional 60,000 shares in the last quarter. American Century Companies Inc. raised its position in Healthpeak Properties by 2.0% in the third quarter. American Century Companies Inc. now owns 3,364,875 shares of the real estate investment trust’s stock worth $41,018,000 after purchasing an additional 65,814 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its position in Healthpeak Properties by 11.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 646,048 shares of the real estate investment trust’s stock worth $8,767,000 after purchasing an additional 63,915 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

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.