395,393 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 395,393 shares of the real estate investment trust's stock, valued at approximately $8,824,000. DekaBank Deutsche Girozentrale owned approximately 0.06% of Healthpeak Properties as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of DOC. Rise Advisors LLC purchased a new stake in Healthpeak Properties during the 3rd quarter valued at about $29,000. Riverview Trust Co purchased a new stake in shares of Healthpeak Properties during the 3rd quarter valued at approximately $35,000. UMB Bank n.a. purchased a new position in shares of Healthpeak Properties during the 3rd quarter worth $40,000. Cromwell Holdings LLC purchased a new position in shares of Healthpeak Properties during the 3rd quarter worth approximately $52,000. Finally, Mather Group LLC. purchased a new stake in shares of Healthpeak Properties in the 3rd quarter valued at $60,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Analyst Ratings Changes

DOC has been the subject of several research reports. Robert W. Baird boosted their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a research note on Wednesday. Evercore ISI raised their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Royal Bank of Canada boosted their price target on shares of Healthpeak Properties from $22.00 to $25.00 and gave the stock an "outperform" rating in a report on Tuesday, July 30th. Citigroup raised their price objective 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. Finally, Scotiabank upped their price objective 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. One investment analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Healthpeak Properties has a consensus rating of "Moderate Buy" and an average target price of $22.79.

Healthpeak Properties Trading Down 1.2 %

DOC traded down $0.27 during midday trading on Thursday, hitting $22.45. The company's stock had a trading volume of 8,922,004 shares, compared to its average volume of 5,726,651. The firm has a market cap of $15.80 billion, a P/E ratio of 64.97, a PEG ratio of 3.30 and a beta of 1.14. Healthpeak Properties, Inc. has a 52-week low of $15.24 and a 52-week high of $23.26. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.91. The firm has a 50-day moving average price of $22.31 and a two-hundred day moving average price of $20.75.

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 (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). Healthpeak Properties had a net margin of 11.93% and a return on equity of 3.51%. The company had revenue of $700.40 million for the quarter, compared to analysts' expectations of $682.51 million. During the same period in the prior year, the firm earned $0.45 earnings per share. The firm's quarterly revenue was up 25.9% on a year-over-year basis. On average, research analysts anticipate that Healthpeak Properties, Inc. will post 1.79 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

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 given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.35%. The ex-dividend date is Monday, November 4th. Healthpeak Properties's dividend payout ratio (DPR) is presently 342.86%.

Healthpeak Properties Profile

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.