161,947 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Groupama Asset Managment

Groupama Asset Managment purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 161,947 shares of the real estate investment trust's stock, valued at approximately $37,000.

Other hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans bought a new position in Healthpeak Properties in the 3rd quarter worth $1,880,000. Swedbank AB bought a new position in shares of Healthpeak Properties in the third quarter worth about $1,832,000. Associated Banc Corp purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $10,559,000. Pathstone Holdings LLC purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $1,968,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Healthpeak Properties during the 3rd quarter valued at approximately $9,361,000. 93.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DOC has been the subject of a number of research analyst reports. Scotiabank raised their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a research report on Monday, September 9th. Robert W. Baird upped 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. Mizuho dropped their target price on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. Wells Fargo & Company decreased their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their price objective for the company from $20.00 to $28.00 in a research report on Monday, October 21st. 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 issued a strong buy rating to the company. According to data from MarketBeat, Healthpeak Properties presently has an average rating of "Moderate Buy" and an average price target of $22.93.

Healthpeak Properties Stock Down 1.2 %

Shares of NYSE:DOC traded down $0.25 during trading hours on Tuesday, hitting $21.45. The company's stock had a trading volume of 3,502,873 shares, compared to its average volume of 5,658,573. The firm's fifty day moving average price is $22.02 and its 200 day moving average price is $21.34. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The company has a market capitalization of $15.00 billion, a price-to-earnings ratio of 45.64, a P/E/G ratio of 2.38 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 issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 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 business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. During the same period last year, the firm earned $0.45 EPS. The business's quarterly revenue was up 25.9% on a year-over-year basis. As a group, research analysts expect that Healthpeak Properties, Inc. will post 1.8 EPS for the current 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. The ex-dividend date was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.59%. Healthpeak Properties's dividend payout ratio is presently 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.