Rockefeller Capital Management L.P. Makes New $2.43 Million Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Rockefeller Capital Management L.P. acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 106,394 shares of the real estate investment trust's stock, valued at approximately $2,432,000.

Other institutional investors have also bought and sold shares of the company. HM Payson & Co. bought a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $25,000. S.A. Mason LLC acquired a new stake in Healthpeak Properties in the third quarter worth approximately $26,000. Rise Advisors LLC acquired a new position in shares of Healthpeak Properties during the 3rd quarter valued at $29,000. Fortitude Family Office LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth $32,000. Finally, Barrett & Company Inc. acquired a new stake in shares of Healthpeak Properties in the third quarter valued at $33,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Citigroup increased their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a research note on Thursday, August 22nd. Robert W. Baird raised their target price on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Finally, Scotiabank upped their price target on Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a report on Monday, September 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $23.00.

Healthpeak Properties Stock Down 0.5 %

Shares of DOC stock traded down $0.11 during trading on Friday, hitting $21.38. 3,822,934 shares of the company were exchanged, compared to its average volume of 4,769,900. The business's 50-day simple moving average is $22.07 and its 200 day simple moving average is $21.29. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 45.49, a P/E/G ratio of 2.37 and a beta of 1.13. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.32). Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The company had revenue of $700.40 million for the quarter, compared to analyst estimates of $682.51 million. During the same period last year, the business earned $0.45 EPS. The company's quarterly revenue was up 25.9% on a year-over-year basis. As a group, analysts forecast that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.61%. Healthpeak Properties's dividend payout ratio is 255.32%.

Healthpeak Properties Company 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.