Entropy Technologies LP Purchases Shares of 88,939 Healthpeak Properties, Inc. (NYSE:DOC)

Entropy Technologies LP purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 88,939 shares of the real estate investment trust's stock, valued at approximately $2,034,000.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on DOC. Wedbush increased their price target on shares of Healthpeak Properties from $22.00 to $25.00 and gave the company an "outperform" rating in a research report on Monday, July 29th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their price target for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Wells Fargo & Company reiterated an "equal weight" rating and issued a $23.00 price objective (up previously from $22.00) on shares of Healthpeak Properties in a report on Tuesday, October 1st. Evercore ISI increased their target price on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Finally, Scotiabank lifted 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. One research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.86.

Healthpeak Properties Stock Down 0.3 %

Shares of DOC traded down $0.06 during mid-day trading on Wednesday, reaching $21.73. The company had a trading volume of 2,097,456 shares, compared to its average volume of 5,712,966. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week 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. The company has a market capitalization of $15.20 billion, a price-to-earnings ratio of 46.62, a price-to-earnings-growth ratio of 2.43 and a beta of 1.13. The firm has a 50-day moving average price of $22.32 and a 200 day moving average price of $21.00.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly 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). The firm had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The business's revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 EPS. On average, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 4th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Monday, November 4th. Healthpeak Properties's payout ratio is 255.32%.

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.