86,052 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 86,052 shares of the real estate investment trust's stock, valued at approximately $1,968,000.

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

Healthpeak Properties Stock Up 1.6 %

Shares of DOC stock opened at $22.33 on Wednesday. The stock has a market cap of $15.62 billion, a P/E ratio of 47.51, a PEG ratio of 2.45 and a beta of 1.13. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The company's fifty day simple moving average is $22.18 and its two-hundred day simple moving average is $21.20. 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 (NYSE:DOC - Get Free Report) last issued its earnings results 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 during the quarter, compared to the consensus estimate of $682.51 million. During the same quarter in the prior year, the company earned $0.45 earnings per share. Healthpeak Properties's revenue was up 25.9% on a year-over-year basis. Analysts predict that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business 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 of this dividend was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.37%. Healthpeak Properties's dividend payout ratio is currently 255.32%.

Analyst Ratings Changes

Several research firms have recently issued reports on DOC. Evercore ISI upped their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Royal Bank of Canada lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Monday, November 4th. Scotiabank increased 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. Citigroup upped their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a research report on Thursday, August 22nd. Finally, StockNews.com cut Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $22.86.

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.