Wolverine Asset Management LLC Purchases Shares of 60,000 Healthpeak Properties, Inc. (NYSE:DOC)

Wolverine Asset Management LLC acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 60,000 shares of the real estate investment trust’s stock, valued at approximately $799,000.

Other large investors have also modified their holdings of the company. SG Americas Securities LLC lifted its holdings in shares of Healthpeak Properties by 353.7% during the third quarter. SG Americas Securities LLC now owns 125,969 shares of the real estate investment trust’s stock worth $1,536,000 after purchasing an additional 98,207 shares during the period. Exchange Traded Concepts LLC lifted its holdings in Healthpeak Properties by 10,057.4% in the third quarter. Exchange Traded Concepts LLC now owns 41,239 shares of the real estate investment trust’s stock valued at $503,000 after acquiring an additional 40,833 shares during the period. Oak Thistle LLC acquired a new stake in Healthpeak Properties in the third quarter valued at $154,000. Harbor Capital Advisors Inc. lifted its holdings in Healthpeak Properties by 9.6% in the third quarter. Harbor Capital Advisors Inc. now owns 146,526 shares of the real estate investment trust’s stock valued at $1,786,000 after acquiring an additional 12,820 shares during the period. Finally, Tectonic Advisors LLC lifted its holdings in Healthpeak Properties by 31.9% in the third quarter. Tectonic Advisors LLC now owns 251,300 shares of the real estate investment trust’s stock valued at $3,063,000 after acquiring an additional 60,766 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DOC. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Friday, April 5th. Mizuho reiterated a “buy” rating and set a $22.00 price objective on shares of Healthpeak Properties in a research report on Monday. Wells Fargo & Company started coverage on Healthpeak Properties in a research report on Monday, March 25th. They set an “equal weight” rating and a $19.00 price objective for the company. Bank of America upgraded Healthpeak Properties from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $18.00 to $25.00 in a research report on Monday, April 1st. Finally, Compass Point dropped their price objective on 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 five have assigned a buy rating to the company. According to MarketBeat, Healthpeak Properties presently has a consensus rating of “Hold” and an average target price of $18.10.

Healthpeak Properties Stock Down 1.6 %

Shares of Healthpeak Properties stock opened at $18.34 on Friday. The stock’s fifty day moving average is $16.52 and its 200-day moving average is $13.69. The firm has a market capitalization of $13.01 billion, a PE ratio of 32.75, a price-to-earnings-growth ratio of 1.84 and a beta of 1.02. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.00. Healthpeak Properties, Inc. has a 12-month low of $15.24 and a 12-month high of $22.38.

Healthpeak Properties 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.