Orion Portfolio Solutions LLC Purchases New Position in Healthpeak Properties, Inc. (NYSE:DOC)

Orion Portfolio Solutions LLC purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 260,255 shares of the real estate investment trust's stock, valued at approximately $5,952,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DOC. HM Payson & Co. acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $25,000. S.A. Mason LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $26,000. Rise Advisors LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $29,000. Fortitude Family Office LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $32,000. Finally, Barrett & Company Inc. purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $33,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DOC shares. Robert W. Baird raised their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. StockNews.com lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note 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. Wells Fargo & Company reissued an "equal weight" rating and issued a $23.00 target price (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Finally, Citigroup raised their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Thursday, August 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $23.00.

Healthpeak Properties Stock Up 1.5 %

Shares of NYSE:DOC traded up $0.32 during trading on Monday, hitting $21.70. The company's stock had a trading volume of 5,050,074 shares, compared to its average volume of 5,667,669. The business has a 50 day moving average price of $22.04 and a two-hundred day moving average price of $21.32. The company has a market capitalization of $15.17 billion, a PE ratio of 46.16, 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 quick ratio of 1.31 and a current ratio of 1.31. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $23.26.

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 (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). The firm had revenue of $700.40 million for the quarter, compared to analysts' expectations of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. Healthpeak Properties's revenue for the quarter was up 25.9% on a year-over-year basis. During the same period last year, the firm posted $0.45 earnings per share. As a group, research analysts expect that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a dividend of $0.30 per share. The ex-dividend date was Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.53%. Healthpeak Properties's dividend payout ratio (DPR) is currently 255.32%.

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.