iA Global Asset Management Inc. Buys Shares of 32,175 Healthpeak Properties, Inc. (NYSE:DOC)

iA Global Asset Management Inc. acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 32,175 shares of the real estate investment trust's stock, valued at approximately $736,000.

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

Wall Street Analysts Forecast Growth

DOC has been the topic of several recent analyst reports. Robert W. Baird increased their price objective 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. Wells Fargo & Company lowered their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday. Evercore ISI boosted their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Finally, Citigroup boosted their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Thursday, August 22nd. 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 issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $22.93.

Healthpeak Properties Price Performance

DOC traded down $0.25 on Tuesday, hitting $21.45. 3,502,873 shares of the company's stock traded hands, compared to its average volume of 5,658,573. Healthpeak Properties, Inc. has a one year low of $16.01 and a one year high of $23.26. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. The firm has a market cap of $15.00 billion, a price-to-earnings ratio of 45.64, a P/E/G ratio of 2.38 and a beta of 1.13. The company's 50 day simple moving average is $22.02 and its 200-day simple moving average is $21.34.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.32). Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The company had revenue of $700.40 million during the quarter, compared to analysts' expectations of $682.51 million. During the same quarter in the previous year, the firm earned $0.45 EPS. The firm's revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given 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 5.59%. Healthpeak Properties's dividend payout ratio (DPR) is 255.32%.

Healthpeak Properties 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.