Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by Sonora Investment Management Group LLC

Sonora Investment Management Group LLC raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 27.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,231 shares of the real estate investment trust’s stock after purchasing an additional 3,898 shares during the period. Sonora Investment Management Group LLC’s holdings in Healthpeak Properties were worth $356,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DOC. State Street Corp acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth $1,093,576,000. JPMorgan Chase & Co. increased its stake in Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after acquiring an additional 4,056,931 shares during the last quarter. Geode Capital Management LLC purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth about $403,898,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Healthpeak Properties in the 3rd quarter valued at about $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $175,697,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on DOC shares. Mizuho reduced their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Robert W. Baird lifted their target price on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective on the stock in a research report on Wednesday, January 15th. Royal Bank of Canada upped their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $24.15.

Healthpeak Properties Price Performance

Shares of DOC stock opened at $20.66 on Friday. The firm has a market cap of $14.45 billion, a P/E ratio of 43.96, a P/E/G ratio of 2.18 and a beta of 1.14. The firm has a fifty day moving average of $20.75 and a two-hundred day moving average of $21.55. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. Healthpeak Properties, Inc. has a 1-year low of $16.01 and a 1-year high of $23.26.

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.