Swiss National Bank Acquires New Shares in Healthpeak Properties, Inc. (NYSE:DOC)

Swiss National Bank purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,088,916 shares of the real estate investment trust's stock, valued at approximately $47,774,000. Swiss National Bank owned 0.30% of Healthpeak Properties as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $1,880,000. Mutual of America Capital Management LLC bought a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $5,420,000. Natixis Advisors LLC bought a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $7,359,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $477,000. Finally, Kentucky Retirement Systems bought a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $1,121,000. 93.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DOC. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their price objective for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Wells Fargo & Company restated an "equal weight" rating and set a $23.00 price objective (up from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, October 1st. Robert W. Baird boosted their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Evercore ISI boosted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. Finally, StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a research note 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.86.

Healthpeak Properties Price Performance

Healthpeak Properties stock opened at $21.43 on Thursday. 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 firm has a market cap of $14.99 billion, a P/E ratio of 45.59, a P/E/G ratio of 2.32 and a beta of 1.13. The business's fifty day moving average is $22.22 and its two-hundred day moving average is $21.11. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $682.51 million. During the same period in the prior year, the firm posted $0.45 EPS. Healthpeak Properties's revenue for the quarter was up 25.9% compared to the same quarter last year. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 5.60%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties's dividend payout ratio (DPR) is presently 255.32%.

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.