Atria Investments Inc Invests $1.02 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Atria Investments Inc bought a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 44,710 shares of the real estate investment trust's stock, valued at approximately $1,023,000.

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

Healthpeak Properties Price Performance

DOC stock remained flat at $20.86 during trading on Monday. 5,344,617 shares of the company traded hands, compared to its average volume of 5,743,035. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The firm has a 50-day moving average of $22.26 and a 200 day moving average of $21.08. The stock has a market cap of $14.59 billion, a price-to-earnings ratio of 44.38, a P/E/G ratio of 2.32 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.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released 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 during 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%. The business's revenue was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 earnings per share. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties's payout ratio is 255.32%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DOC shares. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their target price for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. Evercore ISI increased their price objective 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. Robert W. Baird lifted their target price on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Royal Bank of Canada boosted their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company restated an "equal weight" rating and issued a $23.00 price target (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. 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. According to MarketBeat.com, the stock presently 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.