Stifel Financial Corp Purchases New Position in Healthpeak Properties, Inc. (NYSE:DOC)

Stifel Financial Corp bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 384,973 shares of the real estate investment trust's stock, valued at approximately $8,804,000. Stifel Financial Corp owned about 0.06% of Healthpeak Properties at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DOC. Charles Schwab Investment Management Inc. purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $230,988,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth $175,697,000. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $102,615,000. Heitman Real Estate Securities LLC bought a new stake in Healthpeak Properties during the third quarter worth approximately $69,118,000. Finally, FMR LLC purchased a new stake in Healthpeak Properties during the 3rd quarter valued at $67,058,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Royal Bank of Canada lifted their price target on shares of 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 reduced their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday. Mizuho dropped their price objective on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. Evercore ISI increased their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Finally, StockNews.com downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $22.93.

Healthpeak Properties Stock Down 0.8 %

Shares of DOC traded down $0.17 during mid-day trading on Friday, hitting $20.76. The company's stock had a trading volume of 6,695,847 shares, compared to its average volume of 5,650,051. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. The company's 50-day moving average is $21.94 and its 200-day moving average is $21.35. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The firm has a market capitalization of $14.52 billion, a price-to-earnings ratio of 44.17, a PEG ratio of 2.37 and a beta of 1.13.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its 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). The firm had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. 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 firm posted $0.45 earnings per share. On average, equities research analysts forecast that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.78%. Healthpeak Properties's payout ratio is currently 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.