168,925 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by MML Investors Services LLC

MML Investors Services LLC acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 168,925 shares of the real estate investment trust's stock, valued at approximately $3,863,000.

Other hedge funds also recently bought and sold shares of the company. Thrivent Financial for Lutherans bought a new stake in shares of Healthpeak Properties during the 3rd quarter valued at $1,880,000. Swedbank AB purchased a new position in Healthpeak Properties during the third quarter valued at $1,832,000. Pathstone Holdings LLC bought a new stake in Healthpeak Properties during the third quarter valued at about $1,968,000. Associated Banc Corp purchased a new stake in Healthpeak Properties in the third quarter worth about $10,559,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Healthpeak Properties in the third quarter worth about $9,361,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on DOC. Robert W. Baird increased 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. Citigroup raised their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a research report on Thursday, August 22nd. Royal Bank of Canada lifted their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. Mizuho decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a report on Thursday, December 5th. Finally, Scotiabank upped 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 assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Healthpeak Properties presently has an average rating of "Moderate Buy" and a consensus price target of $22.93.

Healthpeak Properties Price Performance

Shares of DOC stock traded down $0.17 on Friday, reaching $20.76. The company's stock had a trading volume of 7,231,713 shares, compared to its average volume of 5,650,051. The company has a market capitalization of $14.52 billion, a price-to-earnings ratio of 44.17, a price-to-earnings-growth ratio of 2.37 and a beta of 1.13. The stock's fifty day simple moving average is $21.94 and its 200-day simple moving average is $21.36. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26.

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

Healthpeak Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties's 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.