Metis Global Partners LLC Purchases 1,161 Shares of Healthpeak Properties, Inc. (NYSE:PEAK)

Metis Global Partners LLC lifted its holdings in shares of Healthpeak Properties, Inc. (NYSE:PEAKFree Report) by 1.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 107,510 shares of the company’s stock after acquiring an additional 1,161 shares during the period. Metis Global Partners LLC’s holdings in Healthpeak Properties were worth $1,974,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Jump Financial LLC purchased a new stake in Healthpeak Properties in the third quarter valued at approximately $230,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Healthpeak Properties by 5.8% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 822,550 shares of the company’s stock valued at $15,102,000 after buying an additional 45,296 shares during the last quarter. Victory Capital Management Inc. boosted its position in Healthpeak Properties by 44.2% in the third quarter. Victory Capital Management Inc. now owns 441,116 shares of the company’s stock valued at $8,099,000 after buying an additional 135,243 shares during the last quarter. Ieq Capital LLC boosted its position in Healthpeak Properties by 22.7% in the third quarter. Ieq Capital LLC now owns 20,270 shares of the company’s stock valued at $372,000 after buying an additional 3,752 shares during the last quarter. Finally, NBC Securities Inc. purchased a new stake in Healthpeak Properties in the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 92.55% of the company’s stock.

Healthpeak Properties Trading Down 3.1 %

Shares of PEAK stock opened at $18.63 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market cap of $10.19 billion, a price-to-earnings ratio of 42.34, a PEG ratio of 8.79 and a beta of 1.06. The stock has a 50 day simple moving average of $19.16 and a 200-day simple moving average of $19.06. Healthpeak Properties, Inc. has a 1-year low of $15.24 and a 1-year high of $28.43.

Healthpeak Properties (NYSE:PEAKGet Free Report) last announced its earnings results on Monday, October 30th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.32). The business had revenue of $556.20 million for the quarter, compared to analyst estimates of $543.57 million. Healthpeak Properties had a return on equity of 3.38% and a net margin of 11.17%. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 earnings per share. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PEAK. BNP Paribas began coverage on Healthpeak Properties in a research report on Wednesday, October 11th. They issued an “underperform” rating and a $18.00 target price on the stock. Bank of America downgraded Healthpeak Properties from a “neutral” rating to an “underperform” rating and set a $17.50 price target for the company. in a report on Monday, November 13th. Wedbush reissued a “neutral” rating and issued a $19.00 price target on shares of Healthpeak Properties in a report on Tuesday, October 31st. Scotiabank raised Healthpeak Properties from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $20.00 to $23.00 in a report on Friday, January 12th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Healthpeak Properties in a report on Tuesday. They issued a “hold” rating and a $21.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Healthpeak Properties presently has a consensus rating of “Hold” and a consensus price target of $23.05.

Get Our Latest Analysis on PEAK

Healthpeak Properties Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Healthpeak Properties (NYSE:PEAK)

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