Healthpeak Properties, Inc. (NYSE:DOC) Given Consensus Rating of “Moderate Buy” by Analysts

Healthpeak Properties, Inc. (NYSE:DOC) has received an average recommendation of “Moderate Buy” from the twelve ratings firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $24.09.

A number of equities research analysts have recently commented on DOC shares. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research report on Wednesday, January 15th. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, April 23rd. Scotiabank reduced their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research report on Friday, February 28th. Robert W. Baird reduced their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Finally, Wedbush reiterated an “outperform” rating and set a $24.00 target price on shares of Healthpeak Properties in a research report on Friday, April 11th.

Institutional Investors Weigh In On Healthpeak Properties

A number of large investors have recently modified their holdings of DOC. Barclays PLC acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $35,078,000. Diamant Asset Management Inc. acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $564,000. World Investment Advisors LLC acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $291,000. Sfmg LLC acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $2,245,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Healthpeak Properties during the 3rd quarter valued at approximately $125,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 5.2 %

Shares of DOC opened at $17.84 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a 50 day simple moving average of $19.57 and a 200-day simple moving average of $20.56. Healthpeak Properties has a 1-year low of $17.33 and a 1-year high of $23.26. The stock has a market cap of $12.48 billion, a price-to-earnings ratio of 50.97, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.46. The business had revenue of $702.89 million during the quarter, compared to analysts’ expectations of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. Equities analysts forecast that Healthpeak Properties will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be paid a $0.1017 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 6.5%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 305.00%.

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.