Janney Montgomery Scott LLC Acquires Shares of 641,383 Healthpeak Properties, Inc. (NYSE:DOC)

Janney Montgomery Scott LLC purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 641,383 shares of the real estate investment trust's stock, valued at approximately $14,668,000. Janney Montgomery Scott LLC owned 0.09% of Healthpeak Properties as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Silvant Capital Management LLC acquired a new position in Healthpeak Properties in the 3rd quarter valued at $102,000. Farther Finance Advisors LLC purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $348,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at approximately $91,000. Stephens Inc. AR acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $323,000. Finally, Aspen Wealth Strategies LLC acquired a new stake in Healthpeak Properties in the third quarter worth $314,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DOC shares. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Robert W. Baird upped their target price on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Scotiabank raised their price target 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. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. Finally, Citigroup increased their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $22.86.

Healthpeak Properties Price Performance

NYSE DOC traded up $0.23 on Thursday, reaching $22.56. The company's stock had a trading volume of 6,283,328 shares, compared to its average volume of 5,749,651. Healthpeak Properties, Inc. has a twelve month low of $15.44 and a twelve month 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 firm's 50 day moving average is $22.31 and its two-hundred day moving average is $20.91. The stock has a market cap of $15.78 billion, a PE ratio of 48.00, a PEG ratio of 2.45 and a beta of 1.13.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released its earnings results 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). The business 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 firm's revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 earnings per share. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders 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 5.32%. Healthpeak Properties's dividend payout ratio (DPR) 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.