Capital One Financial Initiates Coverage on Healthpeak Properties (NYSE:PEAK)

Research analysts at Capital One Financial began coverage on shares of Healthpeak Properties (NYSE:PEAK – Get Rating) in a report released on Friday, Briefing.com reports. The firm set an “equal weight” rating and a $34.00 price target on the stock. Capital One Financial‘s target price points to a potential upside of 16.12% from the company’s current price.

PEAK has been the subject of several other research reports. Bank of America lowered 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. Morgan Stanley cut their target price on Healthpeak Properties from $34.50 to $32.50 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Credit Suisse Group upped their target price on Healthpeak Properties from $37.00 to $38.00 and gave the stock a “neutral” rating in a research note on Monday, April 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Healthpeak Properties presently has a consensus rating of “Hold” and an average price target of $35.95.

Shares of NYSE PEAK opened at $29.28 on Friday. Healthpeak Properties has a 12 month low of $28.55 and a 12 month high of $37.69. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $15.80 billion, a price-to-earnings ratio of 37.06, a PEG ratio of 3.18 and a beta of 0.74. The business has a 50-day moving average of $32.54 and a 200-day moving average of $33.46.

Healthpeak Properties (NYSE:PEAK – Get Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.29). Healthpeak Properties had a return on equity of 4.22% and a net margin of 22.11%. The business had revenue of $498.40 million for the quarter, compared to analysts’ expectations of $490.02 million. During the same period in the previous year, the firm posted $0.40 EPS. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. On average, analysts predict that Healthpeak Properties will post 1.74 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. bought a new position in shares of Healthpeak Properties in the 1st quarter worth about $26,000. Cyrus J. Lawrence LLC bought a new position in Healthpeak Properties during the 1st quarter valued at approximately $29,000. Nauset Wealth Management. LLC bought a new stake in Healthpeak Properties in the first quarter worth $29,000. Carl Stuart Investment Advisor Inc. bought a new stake in Healthpeak Properties in the first quarter worth $32,000. Finally, Certified Advisory Corp bought a new position in shares of Healthpeak Properties during the first quarter valued at $33,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

Healthpeak Properties Company Profile (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.

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