KBC Group NV Acquires Shares of 762,471 Healthpeak Properties, Inc. (NYSE:DOC)

KBC Group NV purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 762,471 shares of the real estate investment trust's stock, valued at approximately $17,438,000. KBC Group NV owned approximately 0.11% of Healthpeak Properties as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. HM Payson & Co. bought a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $25,000. S.A. Mason LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $26,000. Rise Advisors LLC bought a new stake in Healthpeak Properties in the third quarter worth about $29,000. Fortitude Family Office LLC bought a new stake in Healthpeak Properties during the 3rd quarter valued at about $32,000. Finally, Barrett & Company Inc. bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on DOC shares. Robert W. Baird raised their price target on Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday, October 30th. Evercore ISI upped their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Citigroup lifted their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Thursday, August 22nd. Finally, Wells Fargo & Company reissued an "equal weight" rating and issued a $23.00 target price (up from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $22.86.

Healthpeak Properties Trading Down 1.8 %

Shares of NYSE DOC traded down $0.39 during midday trading on Friday, reaching $20.86. 7,300,788 shares of the stock were exchanged, compared to its average volume of 5,745,080. The company has a market capitalization of $14.59 billion, a price-to-earnings ratio of 44.38, a P/E/G ratio of 2.41 and a beta of 1.13. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. The business has a 50-day simple moving average of $22.26 and a two-hundred day simple moving average of $21.04. Healthpeak Properties, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted 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 company had revenue of $700.40 million for the quarter, compared to the consensus estimate of $682.51 million. During the same quarter last year, the business earned $0.45 EPS. Healthpeak Properties's revenue was up 25.9% on a year-over-year basis. As a group, equities research analysts expect that Healthpeak Properties, Inc. will post 1.8 EPS 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 issued a $0.30 dividend. The ex-dividend date was Monday, November 4th. This represents a $1.20 annualized dividend and a yield of 5.75%. Healthpeak Properties's payout ratio is currently 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.