GSA Capital Partners LLP Makes New $1.79 Million Investment in Healthpeak Properties, Inc. (NYSE:DOC)

GSA Capital Partners LLP purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 78,094 shares of the real estate investment trust's stock, valued at approximately $1,786,000.

Several other large investors have also recently added to or reduced their stakes in DOC. Harbour Investments Inc. bought a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $1,156,000. Entropy Technologies LP bought a new position in Healthpeak Properties during the 3rd quarter worth $2,034,000. Versor Investments LP bought a new position in shares of Healthpeak Properties during the third quarter worth about $2,504,000. Venturi Wealth Management LLC bought a new position in shares of Healthpeak Properties in the third quarter worth $146,000. Finally, Addison Advisors LLC purchased a new stake in shares of Healthpeak Properties in the third quarter valued at $111,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock traded down $0.14 during trading on Wednesday, reaching $21.65. 6,576,204 shares of the company's stock were exchanged, compared to its average volume of 5,734,262. The firm's 50-day moving average price is $22.32 and its 200 day moving average price is $21.00. The company has a market cap of $15.14 billion, a P/E ratio of 46.62, a PEG ratio of 2.43 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, Inc. has a 1-year low of $16.01 and a 1-year high of $23.26.

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 company had revenue of $700.40 million during the quarter, compared to analyst estimates of $682.51 million. During the same quarter in the previous year, the business posted $0.45 earnings per share. The company's revenue for the quarter was up 25.9% on a year-over-year basis. As a group, research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.54%. Healthpeak Properties's payout ratio is presently 255.32%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. StockNews.com lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Wells Fargo & Company restated an "equal weight" rating and issued a $23.00 price target (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Citigroup boosted their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Thursday, August 22nd. Robert W. Baird lifted their price objective on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Finally, Scotiabank raised 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 note on Monday, September 9th. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Healthpeak Properties has a consensus rating of "Moderate Buy" and a consensus target price of $22.86.

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.