Metis Global Partners LLC purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 175,140 shares of the real estate investment trust's stock, valued at approximately $4,005,000.
Several other large investors have also recently bought and sold shares of the company. HM Payson & Co. bought a new position in Healthpeak Properties in the 3rd quarter worth about $25,000. S.A. Mason LLC bought a new position in shares of Healthpeak Properties in the third quarter worth approximately $26,000. Rise Advisors LLC purchased a new stake in Healthpeak Properties in the third quarter valued at approximately $29,000. Fortitude Family Office LLC bought a new stake in Healthpeak Properties during the third quarter valued at approximately $32,000. Finally, Barrett & Company Inc. purchased a new position in Healthpeak Properties in the 3rd quarter worth approximately $33,000. 93.57% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the company. Robert W. Baird raised their price target on Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. StockNews.com cut Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a "hold" rating to a "buy" rating and upped their target price for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Royal Bank of Canada lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. Finally, Citigroup boosted their price objective 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $22.86.
Check Out Our Latest Report on Healthpeak Properties
Healthpeak Properties Stock Down 1.8 %
Healthpeak Properties stock traded down $0.39 on Friday, hitting $20.86. 7,265,673 shares of the stock traded hands, compared to its average volume of 5,745,080. The business's fifty day simple moving average is $22.29 and its 200 day simple moving average is $21.03. The firm has a market cap of $14.59 billion, a P/E ratio of 44.38, a price-to-earnings-growth ratio of 2.41 and a beta of 1.13. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. 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 announced its quarterly earnings data 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 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 analysts' expectations of $682.51 million. During the same quarter last year, the company posted $0.45 EPS. Healthpeak Properties's revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, 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. Shareholders of record on Monday, November 4th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend is Monday, November 4th. Healthpeak Properties's payout ratio is 255.32%.
Healthpeak Properties Company Profile
(
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.
See Also
Before you consider Healthpeak Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Healthpeak Properties wasn't on the list.
While Healthpeak Properties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
