Zurcher Kantonalbank Zurich Cantonalbank Has $2.09 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,105 shares of the real estate investment trust’s stock after purchasing an additional 8,505 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.07% of Healthpeak Properties worth $2,091,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in shares of Healthpeak Properties by 3.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,657,838 shares of the real estate investment trust’s stock worth $68,969,000 after purchasing an additional 181,773 shares in the last quarter. Boston Trust Walden Corp lifted its holdings in shares of Healthpeak Properties by 4.0% in the 3rd quarter. Boston Trust Walden Corp now owns 4,714,899 shares of the real estate investment trust’s stock worth $57,475,000 after purchasing an additional 179,512 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Healthpeak Properties by 3.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,703,493 shares of the real estate investment trust’s stock worth $45,146,000 after purchasing an additional 134,171 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Healthpeak Properties by 2.0% in the 3rd 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, Victory Capital Management Inc. lifted its holdings in shares of Healthpeak Properties by 9.9% in the 3rd quarter. Victory Capital Management Inc. now owns 2,183,206 shares of the real estate investment trust’s stock worth $26,613,000 after purchasing an additional 196,861 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on DOC shares. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Bank of America upgraded Healthpeak Properties from an “underperform” rating to a “buy” rating and raised their price objective for the company from $18.00 to $25.00 in a research note on Monday, April 1st. Compass Point dropped their price objective on Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Tuesday, January 2nd. Royal Bank of Canada raised their price objective on Healthpeak Properties from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. Finally, Mizuho restated a “buy” rating and set a $22.00 price objective on shares of Healthpeak Properties in a research note on Monday. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $18.10.

Healthpeak Properties Stock Performance

Shares of DOC opened at $18.45 on Wednesday. The company has a market cap of $13.09 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02. 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 50-day moving average price of $16.24 and a 200-day moving average price of $13.62. Healthpeak Properties, Inc. has a 12-month low of $15.24 and a 12-month high of $22.38.

Healthpeak Properties 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.