Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Equita Financial Network Inc.

Equita Financial Network Inc. cut its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,038 shares of the real estate investment trust’s stock after selling 4,505 shares during the quarter. Equita Financial Network Inc.’s holdings in Healthpeak Properties were worth $1,359,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. HM Payson & Co. acquired a new stake in Healthpeak Properties during the third quarter worth approximately $25,000. S.A. Mason LLC acquired a new stake in Healthpeak Properties during the third quarter worth approximately $26,000. Rise Advisors LLC acquired a new stake in Healthpeak Properties during the third quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new stake in Healthpeak Properties during the third quarter worth approximately $32,000. Finally, Barrett & Company Inc. acquired a new stake in Healthpeak Properties during the third quarter worth approximately $33,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DOC shares. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and increased their price target for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Wells Fargo & Company cut their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. Morgan Stanley raised shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada increased their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.15.

Healthpeak Properties Price Performance

DOC opened at $20.22 on Thursday. The company has a fifty day simple moving average of $20.79 and a 200 day simple moving average of $21.55. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 43.01, a PEG ratio of 2.21 and a beta of 1.14. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties Company Profile

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.