36,690 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by Centiva Capital LP

Centiva Capital LP acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,690 shares of the real estate investment trust's stock, valued at approximately $839,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Healthpeak Properties during the second quarter worth $66,000. Point72 DIFC Ltd acquired a new stake in shares of Healthpeak Properties during the 2nd quarter worth about $161,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Healthpeak Properties in the 2nd quarter valued at about $9,024,000. Centaurus Financial Inc. acquired a new position in Healthpeak Properties in the second quarter valued at about $227,000. Finally, Massmutual Trust Co. FSB ADV purchased a new position in Healthpeak Properties during the third quarter worth about $108,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Stock Down 0.5 %

Shares of NYSE:DOC traded down $0.11 during trading hours on Friday, reaching $21.38. The stock had a trading volume of 3,822,934 shares, compared to its average volume of 4,769,900. The stock has a market capitalization of $14.95 billion, a price-to-earnings ratio of 45.49, a P/E/G ratio of 2.37 and a beta of 1.13. The firm's 50 day moving average is $22.07 and its 200-day moving average is $21.29. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31.

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

Healthpeak Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.61%. Healthpeak Properties's payout ratio is currently 255.32%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on DOC. Mizuho decreased their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a report on Thursday. Scotiabank upped their price target on Healthpeak Properties from $23.00 to $24.00 and gave the stock a "sector outperform" rating in a research note on Monday, September 9th. Citigroup lifted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a research note on Thursday, August 22nd. Wells Fargo & Company reissued an "equal weight" rating and set a $23.00 target price (up previously from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. 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 given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Healthpeak Properties currently has an average rating of "Moderate Buy" and an average target price of $23.00.

About Healthpeak Properties

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.