Public Employees Retirement System of Ohio bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,277,899 shares of the real estate investment trust's stock, valued at approximately $29,226,000. Public Employees Retirement System of Ohio owned 0.18% of Healthpeak Properties as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in DOC. HM Payson & Co. bought a new stake in Healthpeak Properties during the 3rd quarter worth about $25,000. S.A. Mason LLC bought a new stake in shares of Healthpeak Properties during the third quarter worth approximately $26,000. Rise Advisors LLC bought a new position in Healthpeak Properties in the third quarter valued at approximately $29,000. Fortitude Family Office LLC acquired a new stake in Healthpeak Properties during the 3rd quarter worth $32,000. Finally, Barrett & Company Inc. bought a new stake in shares of Healthpeak Properties during the 3rd quarter valued at $33,000. Institutional investors own 93.57% of the company's stock.
Healthpeak Properties Stock Down 1.2 %
Healthpeak Properties stock traded down $0.25 during mid-day trading on Tuesday, reaching $21.45. The company's stock had a trading volume of 3,502,873 shares, compared to its average volume of 5,658,573. The business's 50 day simple moving average is $22.02 and its 200 day simple moving average is $21.34. 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, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26. The company has a market capitalization of $15.00 billion, a price-to-earnings ratio of 45.64, a price-to-earnings-growth ratio of 2.38 and a beta of 1.13.
Healthpeak Properties (NYSE:DOC - Get Free Report) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). The company had revenue of $700.40 million for the quarter, compared to the consensus estimate of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The business's revenue was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 EPS. As a group, research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.
Healthpeak Properties Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date was Monday, November 4th. Healthpeak Properties's dividend payout ratio is currently 255.32%.
Wall Street Analysts Forecast Growth
DOC has been the subject of a number of analyst reports. Citigroup lifted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Thursday, August 22nd. Robert W. Baird increased their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and lifted their price target for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. Finally, Scotiabank raised their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the stock a "sector outperform" rating in a research note on Monday, September 9th. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $22.93.
Get Our Latest Stock Analysis on Healthpeak Properties
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.
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