47,523 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Fortem Financial Group LLC

Fortem Financial Group LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,523 shares of the real estate investment trust's stock, valued at approximately $1,087,000.

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

Analyst Upgrades and Downgrades

DOC has been the subject of a number of analyst reports. Citigroup upped their target price on Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Thursday, August 22nd. Scotiabank upped their price objective 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. Robert W. Baird raised their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft upgraded shares of 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 report on Monday, October 21st. Finally, StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.93.

Healthpeak Properties Stock Performance

DOC traded down $0.17 on Wednesday, reaching $21.27. 3,306,243 shares of the stock were exchanged, compared to its average volume of 5,648,731. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. The company's 50-day moving average price is $22.02 and its 200 day moving average price is $21.34. The firm has a market capitalization of $14.88 billion, a PE ratio of 45.64, a PEG ratio of 2.38 and a beta of 1.13. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $23.26.

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

Healthpeak Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.64%. The ex-dividend date was Monday, November 4th. Healthpeak Properties's payout ratio is currently 255.32%.

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.