Healthpeak Properties (NYSE:DOC) Receives “Equal Weight” Rating from Morgan Stanley

Healthpeak Properties (NYSE:DOC)‘s stock had its “equal weight” rating reissued by analysts at Morgan Stanley in a report released on Thursday, MarketBeat reports. They presently have a $22.00 price objective on the real estate investment trust’s stock. Morgan Stanley’s price target indicates a potential upside of 6.00% from the stock’s previous close.

A number of other analysts have also commented on DOC. Robert W. Baird upped their price objective on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Scotiabank boosted their price target on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Wednesday, May 27th. Wells Fargo & Company upped their price target on shares of Healthpeak Properties from $18.00 to $20.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Weiss Ratings raised shares of Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price objective on shares of Healthpeak Properties from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Three investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, Healthpeak Properties currently has a consensus rating of “Hold” and a consensus price target of $19.54.

Healthpeak Properties Price Performance

Shares of NYSE DOC traded up $0.28 during mid-day trading on Thursday, reaching $20.75. The company had a trading volume of 322,511 shares, compared to its average volume of 9,232,140. The company has a 50-day moving average price of $18.18 and a two-hundred day moving average price of $17.45. The stock has a market cap of $14.31 billion, a PE ratio of 64.86, a P/E/G ratio of 3.21 and a beta of 1.05. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.15. Healthpeak Properties has a 1-year low of $15.70 and a 1-year high of $20.81.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, beating the consensus estimate of $0.43 by $0.02. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The business had revenue of $752.95 million during the quarter, compared to the consensus estimate of $694.59 million. During the same period in the prior year, the business posted $0.46 earnings per share. Healthpeak Properties’s revenue was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. On average, equities analysts anticipate that Healthpeak Properties will post 1.74 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Scott R. Bohn sold 10,989 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total transaction of $213,736.05. Following the transaction, the insider directly owned 7,636 shares of the company’s stock, valued at approximately $148,520.20. The trade was a 59.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Healthpeak Properties

A number of institutional investors have recently modified their holdings of DOC. WPG Advisers LLC increased its stake in shares of Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 1,197 shares during the last quarter. Advocate Investing Services LLC acquired a new stake in Healthpeak Properties during the fourth quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in Healthpeak Properties during the fourth quarter valued at $31,000. Clearstead Advisors LLC grew its stake in Healthpeak Properties by 166.3% in the fourth quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 1,216 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in Healthpeak Properties in the 2nd quarter worth about $33,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

About Healthpeak Properties

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.