103,198 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 103,198 shares of the real estate investment trust's stock, valued at approximately $2,231,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. HM Payson & Co. bought a new stake in Healthpeak Properties during the third quarter worth about $25,000. S.A. Mason LLC purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at about $26,000. Rise Advisors LLC bought a new stake in Healthpeak Properties in the 3rd quarter worth approximately $29,000. Fortitude Family Office LLC purchased a new stake in Healthpeak Properties in the third quarter worth approximately $32,000. Finally, Barrett & Company Inc. purchased a new stake in Healthpeak Properties in the third quarter worth approximately $33,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Trading Down 1.1 %

Shares of DOC traded down $0.22 during mid-day trading on Thursday, hitting $19.76. 6,219,043 shares of the company's stock traded hands, compared to its average volume of 5,629,382. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $13.82 billion, a P/E ratio of 42.04, a PEG ratio of 2.37 and a beta of 1.13. The business's 50-day moving average price is $21.86 and its 200-day moving average price is $21.39. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26.

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 analysts' consensus estimates of $0.44 by ($0.32). Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. 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 previous year, the firm posted $0.45 earnings per share. The firm's revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties's payout ratio is currently 255.32%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DOC shares. Robert W. Baird boosted their price objective on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a "hold" rating to a "buy" rating and upped their price target for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Evercore ISI lifted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Finally, Scotiabank boosted their target price 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of "Moderate Buy" and an average target price of $22.93.

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.