33,457 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 33,457 shares of the real estate investment trust's stock, valued at approximately $763,000.

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

Healthpeak Properties Price Performance

Shares of NYSE DOC traded down $0.17 during trading on Friday, hitting $20.76. The company had a trading volume of 6,695,847 shares, compared to its average volume of 5,650,051. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The business's 50-day moving average is $21.94 and its 200 day moving average is $21.35. The company has a market cap of $14.52 billion, a P/E ratio of 44.17, a PEG ratio of 2.37 and a beta of 1.13. 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 announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (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 analyst estimates of $682.51 million. During the same period last year, the firm earned $0.45 earnings per share. The firm's revenue for the quarter was up 25.9% on a year-over-year basis. Equities research analysts predict that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.78%. The ex-dividend date was Monday, November 4th. Healthpeak Properties's payout ratio is 255.32%.

Analyst Ratings Changes

Several research firms recently commented on DOC. Royal Bank of Canada raised 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. Evercore ISI lifted their price objective 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. Scotiabank increased their target price 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. Wells Fargo & Company dropped their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Tuesday. Finally, Mizuho decreased their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. One 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $22.93.

Healthpeak Properties 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.