Healthpeak Properties (DOC) Scheduled to Post Earnings on Thursday

Healthpeak Properties (NYSE:DOC) will issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Healthpeak Properties Stock Up 1.4 %

Shares of NYSE DOC opened at $18.07 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.00. The firm has a market cap of $12.82 billion, a PE ratio of 32.27, a P/E/G ratio of 1.80 and a beta of 1.02. The company’s fifty day simple moving average is $15.59 and its 200 day simple moving average is $13.39. Healthpeak Properties has a 12-month low of $15.24 and a 12-month high of $22.38.

Analysts Set New Price Targets

DOC has been the subject of several research reports. KeyCorp restated a “sector weight” rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Royal Bank of Canada boosted their target price on shares of Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 10th. Wells Fargo & Company began coverage on shares of Healthpeak Properties in a research note on Monday, March 25th. They issued an “equal weight” rating and a $19.00 target price for the company. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Friday, April 5th. Finally, Truist Financial lowered their target price on Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating on the stock in a research note on Friday, December 22nd. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Hold” and a consensus target price of $17.67.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. bought a new stake in Healthpeak Properties during the 1st quarter worth approximately $27,000. Benjamin Edwards Inc. raised its holdings in shares of Healthpeak Properties by 99.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,237 shares of the real estate investment trust’s stock valued at $73,000 after acquiring an additional 2,614 shares in the last quarter. Worth Asset Management LLC bought a new stake in shares of Healthpeak Properties during the 1st quarter valued at about $102,000. Harbour Investments Inc. grew its holdings in shares of Healthpeak Properties by 52.1% during the second quarter. Harbour Investments Inc. now owns 6,426 shares of the real estate investment trust’s stock worth $90,000 after purchasing an additional 2,200 shares in the last quarter. Finally, FMR LLC increased its position in shares of Healthpeak Properties by 17.1% in the third quarter. FMR LLC now owns 10,279 shares of the real estate investment trust’s stock worth $125,000 after purchasing an additional 1,503 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

About Healthpeak Properties

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.