Advisors Asset Management Inc. Invests $917,000 in Healthpeak Properties, Inc. (NYSE:DOC)

Advisors Asset Management Inc. acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 40,082 shares of the real estate investment trust's stock, valued at approximately $917,000.

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

Healthpeak Properties Stock Up 1.6 %

Healthpeak Properties stock opened at $22.33 on Wednesday. The firm has a 50 day moving average price of $22.18 and a 200-day moving average price of $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, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The company has a market capitalization of $15.62 billion, a P/E ratio of 47.51, a P/E/G ratio of 2.45 and a beta of 1.13.

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

Healthpeak Properties Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DOC shares. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $23.00 price objective (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Scotiabank raised their price target on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a research report on Monday, September 9th. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $20.00 to $28.00 in a report on Monday, October 21st. Robert W. Baird raised their target price on Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Finally, Royal Bank of Canada lifted their target price on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus 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.