Natixis Advisors LLC Acquires Shares of 321,771 Healthpeak Properties, Inc. (NYSE:DOC)

Natixis Advisors LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 321,771 shares of the real estate investment trust's stock, valued at approximately $7,359,000.

A number of other hedge funds also recently bought and sold shares of DOC. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth about $102,615,000. abrdn plc bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $62,670,000. Douglas Lane & Associates LLC acquired a new position in shares of Healthpeak Properties during the third quarter worth approximately $33,947,000. Foresight Group Ltd Liability Partnership bought a new stake in shares of Healthpeak Properties in the third quarter valued at approximately $33,212,000. Finally, Victory Capital Management Inc. acquired a new stake in shares of Healthpeak Properties in the third quarter worth $32,470,000. 93.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on DOC shares. Citigroup increased their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Thursday, August 22nd. Wells Fargo & Company reissued an "equal weight" rating and set a $23.00 target price (up from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, October 1st. Scotiabank upped their price target on Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a report on Monday, September 9th. Robert W. Baird lifted their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Finally, Evercore ISI boosted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $22.86.

Healthpeak Properties Price Performance

Shares of NYSE:DOC traded down $0.09 during trading on Friday, reaching $21.62. The stock had a trading volume of 4,222,410 shares, compared to its average volume of 5,722,040. The stock has a market capitalization of $15.12 billion, a PE ratio of 46.45, a P/E/G ratio of 2.38 and a beta of 1.13. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The business's 50-day moving average price is $22.20 and its 200 day moving average price is $21.11.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) 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 the consensus estimate of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The company'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 posted $0.45 EPS. As a group, equities analysts predict 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 was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.55%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties's dividend payout ratio is currently 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.