Healthpeak Properties Inc. [NYSE: PEAK] closed the trading session at $21.47 on 03/13/23. The day’s price range saw the stock hit a low of $21.09, while the highest price level was $21.7025. The company report on March 2, 2023 that Healthpeak Properties to Present at the Citi 2023 Global Property CEO Conference.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Scott Brinker, its President and Chief Executive Officer, is scheduled to present at the Citi 2023 Global Property CEO Conference.
The presentation is scheduled for 9:55 a.m. Eastern Time on Tuesday, March 7, 2023. You can access the webcast by visiting our website at https://ir.healthpeak.com/webcasts. A replay of the webcast will be available on our website through March 7, 2024.
The stocks have a year to date performance of -14.36 percent and weekly performance of -11.24 percent. The stock has been moved at -21.53 percent over the last six months. The stock has performed -18.40 percent around the most recent 30 days and changed -15.87 percent over the most recent 3-months.
If compared to the average trading volume of 3.87M shares, PEAK reached to a volume of 10597701 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Healthpeak Properties Inc. [PEAK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEAK shares is $28.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEAK stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Healthpeak Properties Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 03, 2023. While these analysts kept the previous recommendation, RBC Capital Mkts dropped their target price from $35 to $28. The new note on the price target was released on December 14, 2022, representing the official price target for Healthpeak Properties Inc. stock. Previously, the target price had yet another raise to $28, while Evercore ISI analysts kept a Outperform rating on PEAK stock.
The Average True Range (ATR) for Healthpeak Properties Inc. is set at 0.72, with the Price to Sales ratio for PEAK stock in the period of the last 12 months amounting to 6.10. The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 0.12.
PEAK stock trade performance evaluation
Healthpeak Properties Inc. [PEAK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.24. With this latest performance, PEAK shares dropped by -18.40% in over the last four-week period, additionally sinking by -21.53% over the last 6 months – not to mention a drop of -34.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PEAK stock in for the last two-week period is set at 21.29, with the RSI for the last a single of trading hit 16.50, and the three-weeks RSI is set at 26.41 for Healthpeak Properties Inc. [PEAK]. The present Moving Average for the last 50 days of trading for this stock 25.85, while it was recorded at 22.54 for the last single week of trading, and 25.65 for the last 200 days.
Healthpeak Properties Inc. [PEAK]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Healthpeak Properties Inc. [PEAK] shares currently have an operating margin of +16.96 and a Gross Margin at +23.66. Healthpeak Properties Inc.’s Net Margin is presently recorded at +24.08.
Return on Equity for this stock inclined to 7.54, with Return on Assets sitting at 3.20.
Healthpeak Properties Inc. [PEAK]: Insider Ownership positions
There are presently around $11,047 million, or 97.50% of PEAK stock, in the hands of institutional investors. The top three institutional holders of PEAK stocks are: VANGUARD GROUP INC with ownership of 87,991,432, which is approximately 0.005% of the company’s market cap and around 0.27% of the total institutional ownership; BLACKROCK INC., holding 59,437,726 shares of the stock with an approximate value of $1.28 billion in PEAK stocks shares; and STATE STREET CORP, currently with $842.2 million in PEAK stock with ownership of nearly 0.199% of the company’s market capitalization.
Positions in Healthpeak Properties Inc. stocks held by institutional investors increased at the end of Tuesday and at the time of the Tuesday reporting period, where 344 institutional holders increased their position in Healthpeak Properties Inc. [NYSE:PEAK] by around 39,381,028 shares. Additionally, 250 investors decreased positions by around 40,782,303 shares, while 94 investors held positions by with 434,390,583 shares. The mentioned changes placed institutional holdings at 514,553,914 shares, according to the latest SEC report filing. PEAK stock had 94 new institutional investments in for a total of 3,859,416 shares, while 62 institutional investors sold positions of 4,943,445 shares during the same period.