Daiwa Securities Group Inc. Purchases Shares of 327,921 Healthpeak Properties, Inc. (NYSE:DOC)

Daiwa Securities Group Inc. purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 327,921 shares of the real estate investment trust's stock, valued at approximately $7,500,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Swedbank AB purchased a new position in shares of Healthpeak Properties during the third quarter worth about $1,832,000. Penserra Capital Management LLC purchased a new position in shares of Healthpeak Properties during the third quarter worth about $1,463,000. Cerity Partners LLC purchased a new position in shares of Healthpeak Properties during the third quarter worth about $5,051,000. Citigroup Inc. purchased a new stake in Healthpeak Properties in the 3rd quarter valued at approximately $14,154,000. Finally, Raymond James Trust N.A. purchased a new stake in Healthpeak Properties in the 3rd quarter valued at approximately $581,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock traded up $0.35 during trading on Tuesday, hitting $22.33. 3,352,352 shares of the company were exchanged, compared to its average volume of 5,717,310. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $23.26. The stock has a market capitalization of $15.62 billion, a price-to-earnings ratio of 46.79, a P/E/G ratio of 2.41 and a beta of 1.13. The firm has a 50 day moving average price of $22.17 and a 200 day moving average price of $21.18.

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 earnings per share (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 for the quarter, compared to analyst estimates of $682.51 million. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The company's revenue for the quarter was up 25.9% on a year-over-year basis. On average, equities analysts expect that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a $0.30 dividend. The ex-dividend date was Monday, November 4th. This represents a $1.20 annualized dividend and a yield of 5.37%. Healthpeak Properties's dividend payout ratio (DPR) is presently 255.32%.

Wall Street Analyst Weigh In

DOC has been the topic of a number of analyst reports. Royal Bank of Canada lifted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Monday, November 4th. StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Citigroup lifted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Thursday, August 22nd. Scotiabank lifted their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a report on Monday, September 9th. Finally, Evercore ISI lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.86.

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.