Leeward Investments LLC MA bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 339,982 shares of the real estate investment trust's stock, valued at approximately $7,775,000.
A number of other large investors also recently made changes to their positions in DOC. HM Payson & Co. acquired a new position in Healthpeak Properties during 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 acquired a new position in shares of Healthpeak Properties in the 3rd quarter valued at $29,000. Fortitude Family Office LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at $32,000. Finally, Barrett & Company Inc. acquired a new stake in Healthpeak Properties during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 93.57% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. 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 report on Tuesday, October 1st. Citigroup boosted their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a research report on Thursday, August 22nd. StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Scotiabank boosted their price objective on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock a "sector outperform" rating in a research report on Monday, September 9th. Finally, Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their price target for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.86.
View Our Latest Report on Healthpeak Properties
Healthpeak Properties Price Performance
Shares of DOC stock traded up $0.32 during trading hours on Friday, reaching $22.88. The company's stock had a trading volume of 1,805,324 shares, compared to its average volume of 5,731,116. Healthpeak Properties, Inc. has a fifty-two week low of $15.44 and a fifty-two week high of $23.26. The firm's 50 day simple moving average is $22.31 and its 200-day simple moving average is $20.91. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $16.00 billion, a price-to-earnings 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 quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.32). The business had revenue of $700.40 million during the quarter, compared to analyst estimates of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The business's quarterly revenue was up 25.9% compared to the same quarter last year. During the same period last year, the business earned $0.45 earnings per share. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.
Healthpeak Properties Announces Dividend
The business also recently disclosed 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. This represents a $1.20 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date of this dividend is Monday, November 4th. Healthpeak Properties's dividend payout ratio is 255.32%.
About Healthpeak Properties
(
Free Report)
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.
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