Healthpeak Properties (DOC) Scheduled to Post Quarterly Earnings on Thursday

Healthpeak Properties (NYSE:DOC) is scheduled to be issuing 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. Persons interested in listening to the company’s earnings conference call can do so using this link.

Healthpeak Properties Stock Up 1.4 %

NYSE:DOC opened at $18.07 on Thursday. Healthpeak Properties has a twelve month low of $15.24 and a twelve month high of $22.38. The company’s 50 day moving average is $15.59 and its two-hundred day moving average is $13.39. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.00. The company 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.

Institutional Investors Weigh In On Healthpeak Properties

Several hedge funds have recently modified their holdings of the company. Sunbelt Securities Inc. purchased a new position in shares of Healthpeak Properties in the 1st quarter valued at about $27,000. Benjamin Edwards Inc. grew its holdings in Healthpeak Properties by 99.7% in the second quarter. Benjamin Edwards Inc. now owns 5,237 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 2,614 shares during the period. Harbour Investments Inc. increased its position in shares of Healthpeak Properties by 52.1% in the second quarter. Harbour Investments Inc. now owns 6,426 shares of the real estate investment trust’s stock valued at $90,000 after buying an additional 2,200 shares in the last quarter. Worth Asset Management LLC acquired a new position in shares of Healthpeak Properties during the 1st quarter worth approximately $102,000. Finally, FMR LLC lifted its position in shares of Healthpeak Properties by 17.1% during the 3rd quarter. FMR LLC now owns 10,279 shares of the real estate investment trust’s stock valued at $125,000 after buying an additional 1,503 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DOC has been the topic of several research analyst reports. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Wells Fargo & Company assumed coverage on shares of Healthpeak Properties in a research note on Monday, March 25th. They set an “equal weight” rating and a $19.00 price objective for the company. Royal Bank of Canada increased their price objective on shares of Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Truist Financial reduced their target price on shares of Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating for the company in a report on Friday, December 22nd. Finally, Compass Point decreased their target price on shares of Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Tuesday, January 2nd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $17.67.

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.