Sfmg LLC Makes New $2.25 Million Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Sfmg LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 98,156 shares of the real estate investment trust's stock, valued at approximately $2,245,000.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Scotiabank upped their price objective 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. StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and upped their price objective for the company from $20.00 to $28.00 in a research note on Monday, October 21st. Evercore ISI boosted their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Finally, Robert W. Baird boosted their target price on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. One investment 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's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $22.93.

Healthpeak Properties Trading Down 1.6 %

Shares of DOC stock traded down $0.34 during trading hours on Thursday, hitting $20.93. The company had a trading volume of 3,729,258 shares, compared to its average volume of 5,642,951. The company's fifty day moving average is $22.00 and its 200 day moving average is $21.34. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick 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. The stock has a market capitalization of $14.64 billion, a PE ratio of 45.21, 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 data on Thursday, October 24th. The real estate investment trust reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.32). Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The company had revenue of $700.40 million during the quarter, compared to analyst estimates of $682.51 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The business's revenue was up 25.9% compared to the same quarter last year. Research analysts expect that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.73%. Healthpeak Properties's dividend payout ratio (DPR) is presently 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.