PEAK has been the subject of several other reports. Morgan Stanley decreased their target price on shares of Healthpeak Properties from $34.50 to $32.50 and set an equal weight rating for the company in a research note on Wednesday, June 1st. Capital One Financial began coverage on shares of Healthpeak Properties in a research note on Friday, June 3rd. They set an equal weight rating and a $34.00 price objective on the stock. Bank of America downgraded shares of Healthpeak Properties from a buy rating to a neutral rating and set a $32.00 target price for the company. in a research note on Thursday, May 19th. Finally, Credit Suisse Group boosted their price target on Healthpeak Properties from $37.00 to $38.00 and gave the stock a neutral rating in a research report on Monday, April 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $35.25.
Healthpeak Properties stock opened at $25.18 on Monday. The company has a market cap of $13.59 billion, a price-to-earnings ratio of 31.87, a P/E/G ratio of 2.63 and a beta of 0.74. The firm has a 50-day moving average of $29.96 and a 200-day moving average of $32.65. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.87 and a quick ratio of 0.87. Healthpeak Properties has a one year low of $23.23 and a one year high of $37.69.
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 20th. Stockholders of record on Monday, May 9th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date was Friday, May 6th. Healthpeak Properties’s dividend payout ratio is presently 151.90%.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Millennium Management LLC grew its holdings in Healthpeak Properties by 14.4% in the 3rd quarter. Millennium Management LLC now owns 82,250 shares of the company’s stock valued at $2,754,000 after buying an additional 10,363 shares in the last quarter. LPL Financial LLC increased its position in Healthpeak Properties by 7.6% during the third quarter. LPL Financial LLC now owns 82,126 shares of the company’s stock worth $2,750,000 after acquiring an additional 5,814 shares during the period. UBS Group AG increased its position in Healthpeak Properties by 22.5% during the third quarter. UBS Group AG now owns 633,448 shares of the company’s stock worth $21,208,000 after acquiring an additional 116,170 shares during the period. Two Sigma Investments LP raised its stake in Healthpeak Properties by 1,779.8% in the 3rd quarter. Two Sigma Investments LP now owns 627,595 shares of the company’s stock worth $21,012,000 after purchasing an additional 594,209 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in Healthpeak Properties by 618.2% in the 3rd quarter. Squarepoint Ops LLC now owns 56,068 shares of the company’s stock valued at $1,877,000 after purchasing an additional 48,261 shares during the period. Institutional investors own 95.98% of the company’s stock.
About Healthpeak Properties (Get Rating)
Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing, designed to provide stability through the inevitable industry cycles.
- Get a free copy of the StockNews.com research report on Healthpeak Properties (PEAK)
- Downturn Gives These 3 Buys Juicy Dividend Yields
- Victoria’s Secret Stock is Out of the Box
- Time For a Ride in Six Flags Stock
- Why Dollar General (NYSE: DG) Should Be In Your Portfolio
- Korn Ferry Is A Good Buy For The Recession And Beyond
Receive News & Ratings for Healthpeak Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthpeak Properties and related companies with MarketBeat.com's FREE daily email newsletter.