Weekly Investment Analysts’ Ratings Changes for Healthpeak Properties (DOC)

Several analysts have recently updated their ratings and price targets for Healthpeak Properties (NYSE: DOC):

• 5/3/2024 – Healthpeak Properties was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating.
• 4/26/2024 – Healthpeak Properties was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/26/2024 – Healthpeak Properties was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating. They now have a $21.00 price target on the stock, up previously from $19.00.
• 4/22/2024 – Healthpeak Properties had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $22.00 price target on the stock.
• 4/10/2024 – Healthpeak Properties had its price target raised by analysts at Royal Bank of Canada from $21.00 to $22.00. They now have an “outperform” rating on the stock.
• 4/5/2024 – Healthpeak Properties was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 4/1/2024 – Healthpeak Properties was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “buy” rating. They now have a $25.00 price target on the stock, up previously from $18.00.
• 3/27/2024 – Healthpeak Properties was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/25/2024 – Healthpeak Properties is now covered by analysts at Wells Fargo & Company. They set an “equal weight” rating and a $19.00 price target on the stock.
• 3/16/2024 – Healthpeak Properties was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Healthpeak Properties Price Performance

DOC opened at $19.16 on Thursday. Healthpeak Properties, Inc. has a twelve month low of $15.24 and a twelve month high of $22.38. The firm has a market cap of $13.48 billion, a price-to-earnings ratio of 54.73, a PEG ratio of 1.87 and a beta of 1.01. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.92. The company has a fifty day simple moving average of $17.90 and a 200 day simple moving average of $14.17.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Monday, May 6th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.26%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.23. Healthpeak Properties’s dividend payout ratio (DPR) is presently 342.86%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its holdings in Healthpeak Properties by 274.6% in the fourth quarter. Parallel Advisors LLC now owns 4,072 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 2,985 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Healthpeak Properties by 42.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,750 shares of the real estate investment trust’s stock valued at $70,000 after acquiring an additional 1,712 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of Healthpeak Properties by 645.4% during the 4th quarter. Quadrant Capital Group LLC now owns 9,646 shares of the real estate investment trust’s stock valued at $128,000 after acquiring an additional 8,352 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in Healthpeak Properties during the fourth quarter worth $134,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Healthpeak Properties in the third quarter worth $124,000. 93.57% of the stock is currently owned by institutional investors.

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.