Healthpeak Properties (NYSE:DOC) Downgraded by StockNews.com

StockNews.com cut shares of Healthpeak Properties (NYSE:DOC) from a hold rating to a sell rating in a report published on Friday morning.

DOC has been the topic of a number of other research reports. Compass Point cut their target price on shares of Healthpeak Properties from $19.00 to $18.00 and set a buy rating on the stock in a report on Tuesday, January 2nd. Mizuho restated a buy rating and issued a $22.00 price target on shares of Healthpeak Properties in a research note 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 research note on Monday, April 1st. KeyCorp restated a sector weight rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Finally, Royal Bank of Canada raised their price target on shares of Healthpeak Properties from $21.00 to $22.00 and gave the company an outperform rating in a research note on Wednesday, April 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Healthpeak Properties has a consensus rating of Hold and a consensus price target of $18.36.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $18.82 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.67 and a current ratio of 0.67. Healthpeak Properties has a one year low of $15.24 and a one year high of $22.38. The company’s 50-day simple moving average is $16.66 and its 200-day simple moving average is $13.74. The stock has a market capitalization of $13.35 billion, a price-to-earnings ratio of 53.77, a PEG ratio of 1.81 and a beta of 1.02.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC increased its holdings in shares of Healthpeak Properties by 274.6% in the fourth quarter. Parallel Advisors LLC now owns 4,072 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 2,985 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Healthpeak Properties by 42.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,750 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 1,712 shares in the last quarter. Quadrant Capital Group LLC grew its position in Healthpeak Properties by 645.4% during the 4th quarter. Quadrant Capital Group LLC now owns 9,646 shares of the real estate investment trust’s stock worth $128,000 after purchasing an additional 8,352 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in Healthpeak Properties during the 4th quarter worth approximately $134,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Healthpeak Properties during the 3rd quarter worth approximately $124,000. Institutional investors own 93.57% of the company’s stock.

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.