96,328 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by ING Groep NV

ING Groep NV purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 96,328 shares of the real estate investment trust's stock, valued at approximately $2,203,000.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DOC. Wedbush lifted their price target on shares of Healthpeak Properties from $22.00 to $25.00 and gave the stock an "outperform" rating in a research report on Monday, July 29th. Wells Fargo & Company reissued an "equal weight" rating and issued a $23.00 target price (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Royal Bank of Canada lifted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Monday, November 4th. Robert W. Baird lifted their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a "hold" rating to a "buy" rating and upped their price target for the company from $20.00 to $28.00 in a report on Monday, October 21st. One investment 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. According to data from MarketBeat, Healthpeak Properties has a consensus rating of "Moderate Buy" and an average price target of $22.86.

Healthpeak Properties Stock Performance

Healthpeak Properties stock traded down $0.39 during midday trading on Friday, reaching $20.86. 7,300,788 shares of the company's stock were exchanged, compared to its average volume of 6,440,033. The stock's 50-day simple moving average is $22.26 and its 200 day simple moving average is $21.06. The firm has a market cap of $14.59 billion, a price-to-earnings ratio of 44.38, a P/E/G ratio of 2.32 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 52 week low of $16.01 and a 52 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 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $682.51 million. During the same quarter in the prior year, the firm posted $0.45 earnings per share. The business's revenue was up 25.9% compared to the same quarter last year. On average, analysts expect that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date was Monday, November 4th. Healthpeak Properties's dividend payout ratio is presently 255.32%.

About Healthpeak Properties

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.