Healthpeak Properties, Inc. (NYSE:DOC) Sees Large Growth in Short Interest

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DOC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Healthpeak Properties by 10.5% during 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 buying an additional 7,698 shares during the last quarter. Great West Life Assurance Co. Can grew its stake 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 worth $3,317,000 after buying an additional 13,307 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in 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 buying an additional 15,264 shares during the last quarter. Sei Investments Co. grew its stake in Healthpeak Properties by 67.4% during the 1st quarter. Sei Investments Co. now owns 139,127 shares of the real estate investment trust’s stock worth $2,443,000 after buying an additional 56,006 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in Healthpeak Properties by 77.4% during the 1st quarter. Cetera Investment Advisers now owns 17,778 shares of the real estate investment trust’s stock worth $312,000 after buying an additional 7,754 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 2.6 %

DOC opened at $17.82 on Wednesday. Healthpeak Properties has a one year low of $15.24 and a one year high of $22.38. The company has a market cap of $12.64 billion, a P/E ratio of 31.81, a PEG ratio of 1.80 and a beta of 1.02. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.67 and a current ratio of 0.67. The business’s 50-day simple moving average is $15.48 and its 200-day simple moving average is $13.35.

Analyst Ratings Changes

Several equities analysts recently issued reports on DOC shares. KeyCorp reissued a “sector weight” rating on shares of Healthpeak Properties in a research note on Friday, January 5th. Compass Point decreased their target price on Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Tuesday, January 2nd. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Friday, April 5th. Truist Financial reduced their price target on Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating on the stock in a research report on Friday, December 22nd. Finally, Wells Fargo & Company assumed coverage on Healthpeak Properties in a research report on Monday, March 25th. They issued an “equal weight” rating and a $19.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus 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.