374,956 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Oxbow Advisors LLC

Oxbow Advisors LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 374,956 shares of the real estate investment trust's stock, valued at approximately $8,575,000. Healthpeak Properties makes up approximately 0.9% of Oxbow Advisors LLC's portfolio, making the stock its 29th largest position. Oxbow Advisors LLC owned 0.05% of Healthpeak Properties at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DOC. HM Payson & Co. purchased a new position in shares of Healthpeak Properties during the third quarter worth about $25,000. S.A. Mason LLC acquired a new stake in shares of Healthpeak Properties in the 3rd quarter valued at about $26,000. Rise Advisors LLC purchased a new position in Healthpeak Properties during the 3rd quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new position in Healthpeak Properties during the third quarter worth approximately $32,000. Finally, Barrett & Company Inc. purchased a new stake in Healthpeak Properties in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Wall Street Analyst Weigh In

DOC has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a "hold" rating to a "buy" rating and raised their target price for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, October 30th. Scotiabank upped their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a report on Monday, September 9th. Wells Fargo & Company reissued an "equal weight" rating and set a $23.00 price target (up previously from $22.00) on shares of Healthpeak Properties in a report on Tuesday, October 1st. Finally, Royal Bank of Canada upped their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $22.86.

Healthpeak Properties Price Performance

NYSE:DOC traded up $0.20 during trading hours on Friday, hitting $22.76. The company's stock had a trading volume of 3,908,435 shares, compared to its average volume of 5,932,766. Healthpeak Properties, Inc. has a 52-week low of $15.44 and a 52-week high of $23.26. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. The business's 50-day moving average is $22.32 and its two-hundred day moving average is $20.96. The company has a market capitalization of $15.92 billion, a PE ratio of 48.43, a PEG ratio of 2.49 and a beta of 1.13.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.32). The company had revenue of $700.40 million during the quarter, compared to analysts' expectations of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The business's revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS. As a group, research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Monday, November 4th. Healthpeak Properties's dividend payout ratio (DPR) is 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.