Healthpeak Properties, Inc. (NYSE:DOC) Short Interest Update

Healthpeak Properties, Inc. (NYSE:DOC) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 10,720,000 shares, a growth of 10.5% from the March 15th total of 9,700,000 shares. Based on an average daily volume of 7,790,000 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DOC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Healthpeak Properties by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 80,734 shares of the real estate investment trust’s stock worth $1,416,000 after purchasing an additional 7,698 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in Healthpeak Properties by 7.9% during the 1st quarter. Great West Life Assurance Co. Can now owns 181,899 shares of the real estate investment trust’s stock valued at $3,317,000 after acquiring an additional 13,307 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Healthpeak Properties by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,118,102 shares of the real estate investment trust’s stock worth $54,693,000 after acquiring an additional 15,264 shares during the period. Sei Investments Co. raised its position in shares of Healthpeak Properties by 67.4% in the 1st quarter. Sei Investments Co. now owns 139,127 shares of the real estate investment trust’s stock worth $2,443,000 after acquiring an additional 56,006 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Healthpeak Properties by 77.4% in the 1st quarter. Cetera Investment Advisers now owns 17,778 shares of the real estate investment trust’s stock valued at $312,000 after purchasing an additional 7,754 shares during the period. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DOC. Bank of America upgraded Healthpeak Properties from an “underperform” rating to a “buy” rating and upped their price objective for the stock from $18.00 to $25.00 in a report on Monday, April 1st. StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Friday, April 5th. Royal Bank of Canada increased their target price on shares of Healthpeak Properties from $21.00 to $22.00 and gave the company an “outperform” rating in a 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 price target for the company. Finally, Truist Financial reduced their price objective 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 analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $17.67.

Healthpeak Properties Stock Performance

Shares of NYSE:DOC opened at $17.82 on Wednesday. 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 50-day moving average price of $15.48 and a 200-day moving average price of $13.35. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 31.81, a price-to-earnings-growth ratio of 1.80 and a beta of 1.02. Healthpeak Properties has a 12 month low of $15.24 and a 12 month high of $22.38.

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.