In Wednesday’s Wall Street session, Healthpeak Properties Inc (NYSE:DOC) shares traded at $17.25, down -1.09% from the previous session.
DOC stock price is now -10.65% away from the 50-day moving average and -17.16% away from the 200-day moving average. The market capitalization of the company currently stands at $12.61B.
With the price target maintained at $25, Morgan Stanley recently Upgraded its rating from Equal-Weight to Overweight for Healthpeak Properties Inc (NYSE: DOC). On October 21, 2024, Deutsche Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $20 to quote $28, while ‘Wedbush’ rates the stock as ‘Outperform’
In other news, Lias-Booker Ava, Director bought 5,000 shares of the company’s stock on Apr 29 ’25. The stock was bought for $89,150 at an average price of $17.83. Upon completion of the transaction, the Director now directly owns 35,561 shares in the company, valued at $0.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 28 ’25, Director Thomas John T bought 4,200 shares of the business’s stock. A total of $74,928 was incurred on buying the stock at an average price of $17.84. This leaves the insider owning 813,566 shares of the company worth $14.03 million. A total of 0.40% of the company’s stock is owned by insiders.
During the past 12 months, Healthpeak Properties Inc has had a low of $17.33 and a high of $23.13.
The net profit margin was 9.95% and return on equity was 3.26% for DOC. The company reported revenue of $702.89 million for the quarter, compared to $606.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.88 percent.
