Sarasin & Partners LLP Decreases Position in Healthpeak Properties, Inc. (NYSE:DOC)

Sarasin & Partners LLP trimmed its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 442,757 shares of the real estate investment trust's stock after selling 13,071 shares during the period. Sarasin & Partners LLP owned about 0.06% of Healthpeak Properties worth $8,975,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. HB Wealth Management LLC lifted its holdings in shares of Healthpeak Properties by 85.1% in the 4th quarter. HB Wealth Management LLC now owns 16,414 shares of the real estate investment trust's stock worth $333,000 after acquiring an additional 7,546 shares during the last quarter. Merit Financial Group LLC bought a new position in shares of Healthpeak Properties during the 4th quarter valued at $506,000. Goldstone Financial Group LLC grew its holdings in shares of Healthpeak Properties by 19.3% during the 4th quarter. Goldstone Financial Group LLC now owns 11,078 shares of the real estate investment trust's stock valued at $225,000 after purchasing an additional 1,793 shares during the last quarter. Mirador Capital Partners LP lifted its stake in Healthpeak Properties by 2.8% in the fourth quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust's stock worth $672,000 after purchasing an additional 901 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp lifted its stake in Healthpeak Properties by 6.5% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 337,883 shares of the real estate investment trust's stock worth $6,849,000 after purchasing an additional 20,544 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Up 0.5 %

Healthpeak Properties stock traded up $0.10 during trading hours on Monday, hitting $20.80. 3,246,701 shares of the stock traded hands, compared to its average volume of 3,712,150. Healthpeak Properties, Inc. has a one year low of $16.01 and a one year high of $23.26. The company has a market cap of $14.55 billion, a PE ratio of 44.26, a PEG ratio of 2.12 and a beta of 1.14. The firm's 50-day moving average price is $20.90 and its two-hundred day moving average price is $21.52. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share 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 the consensus estimate of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The company'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 firm earned $0.45 earnings per share. On average, research analysts forecast that Healthpeak Properties, Inc. will post 1.81 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm 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. The ex-dividend date was Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.77%. Healthpeak Properties's payout ratio is 255.32%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Robert W. Baird lifted their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Royal Bank of Canada lifted their price target on Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. Wells Fargo & Company cut their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and lifted their target price for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Finally, Mizuho dropped their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $24.15.

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.