Quadrature Capital Ltd bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 23,801 shares of the real estate investment trust's stock, valued at approximately $544,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HM Payson & Co. bought a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $25,000. S.A. Mason LLC bought a new position in Healthpeak Properties in the 3rd quarter valued at $26,000. Rise Advisors LLC acquired a new stake in shares of Healthpeak Properties in the 3rd quarter valued at $29,000. Fortitude Family Office LLC bought a new stake in shares of Healthpeak Properties during the third quarter worth $32,000. Finally, Barrett & Company Inc. acquired a new position in shares of Healthpeak Properties during the third quarter valued at $33,000. Institutional investors own 93.57% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on DOC shares. Wells Fargo & Company reissued an "equal weight" rating and issued a $23.00 price target (up previously from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Robert W. Baird raised their target price on Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Scotiabank upped their price target on Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a research note on Monday, September 9th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and upped their target price for the company from $20.00 to $28.00 in a research note on Monday, October 21st. Finally, StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Healthpeak Properties currently has an average rating of "Moderate Buy" and an average price target of $23.00.
Check Out Our Latest Stock Analysis on Healthpeak Properties
Healthpeak Properties Stock Up 1.5 %
DOC traded up $0.32 during mid-day trading on Monday, reaching $21.70. 5,049,644 shares of the stock were exchanged, compared to its average volume of 5,667,667. 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 company has a 50 day moving average price of $22.07 and a two-hundred day moving average price of $21.30. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The stock has a market capitalization of $15.18 billion, a PE ratio of 45.49, a price-to-earnings-growth ratio of 2.38 and a beta of 1.13.
Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 EPS 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 for the quarter, compared to the consensus estimate of $682.51 million. During the same quarter last year, the business posted $0.45 earnings per share. The business's revenue was up 25.9% compared to the same quarter last year. As a group, research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.
Healthpeak Properties Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.53%. The ex-dividend date was Monday, November 4th. Healthpeak Properties's dividend payout ratio (DPR) is presently 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.
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