Healthpeak Properties (NYSE:DOC – Get Free Report) had its price target dropped by analysts at Wells Fargo & Company from $22.00 to $19.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 2.79% from the company’s previous close.
DOC has been the topic of several other research reports. Weiss Ratings cut shares of Healthpeak Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Barclays dropped their target price on Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Cantor Fitzgerald lifted their target price on Healthpeak Properties from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Royal Bank Of Canada upped their target price on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $21.00 target price (down from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, September 15th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $21.60.
Get Our Latest Stock Analysis on Healthpeak Properties
Healthpeak Properties Stock Performance
Shares of NYSE DOC traded down $0.49 during trading on Monday, reaching $18.48. 1,948,815 shares of the company traded hands, compared to its average volume of 7,735,198. Healthpeak Properties has a 52-week low of $15.70 and a 52-week high of $22.95. The firm has a 50 day simple moving average of $20.26 and a 200-day simple moving average of $19.89. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $12.75 billion, a PE ratio of 52.82, a P/E/G ratio of 2.35 and a beta of 1.01.
Healthpeak Properties (NYSE:DOC – Get Free Report) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. The business had revenue of $771.58 million during the quarter, compared to analysts’ expectations of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The firm’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research analysts anticipate that Healthpeak Properties will post 1.77 earnings per share for the current year.
Institutional Trading of Healthpeak Properties
Institutional investors and hedge funds have recently bought and sold shares of the business. OneDigital Investment Advisors LLC raised its stake in shares of Healthpeak Properties by 3.3% during the 2nd quarter. OneDigital Investment Advisors LLC now owns 15,376 shares of the real estate investment trust’s stock valued at $329,000 after buying an additional 493 shares during the last quarter. Clearstead Trust LLC boosted its holdings in Healthpeak Properties by 66.7% in the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 543 shares during the last quarter. CX Institutional increased its stake in Healthpeak Properties by 6.1% during the 2nd quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock worth $235,000 after buying an additional 633 shares in the last quarter. Quantum Portfolio Management LLC raised its stake in Healthpeak Properties by 2.5% in the 1st quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock valued at $483,000 after purchasing an additional 728 shares during the last quarter. Finally, Intrua Financial LLC raised its holdings in Healthpeak Properties by 1.1% in the 1st quarter. Intrua Financial LLC now owns 66,702 shares of the real estate investment trust’s stock valued at $1,096,000 after acquiring an additional 744 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.
Healthpeak Properties Company Profile
Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, operates and develops healthcare-related real estate in the United States. The company primarily serves healthcare providers, research organizations and senior-care operators through a portfolio of specialized properties.
Its main activities include the ownership and leasing of outpatient medical office buildings, life science facilities and senior housing properties. These assets support services such as physician practices, ambulatory care, medical research and senior living.
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