Verition Fund Management LLC bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 523,301 shares of the real estate investment trust's stock, valued at approximately $11,968,000. Verition Fund Management LLC owned 0.07% of Healthpeak Properties as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Healthpeak Properties in the 2nd quarter worth $66,000. Point72 DIFC Ltd bought a new position in Healthpeak Properties in the second quarter worth about $161,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Healthpeak Properties in the 2nd quarter valued at about $9,024,000. Centaurus Financial Inc. purchased a new position in shares of Healthpeak Properties in the 2nd quarter worth approximately $227,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in shares of Healthpeak Properties during the 3rd quarter worth approximately $108,000. Institutional investors own 93.57% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the stock. Wells Fargo & Company restated an "equal weight" rating and issued a $23.00 target price (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a "hold" rating to a "buy" rating and raised their price objective for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. Robert W. Baird upped their target price on Healthpeak Properties from $24.00 to $25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. StockNews.com downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Finally, Evercore ISI upped their price objective 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. 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 issued a strong buy rating to the stock. According to MarketBeat.com, Healthpeak Properties presently has an average rating of "Moderate Buy" and a consensus price target of $22.86.
View Our Latest Stock Analysis on Healthpeak Properties
Healthpeak Properties Stock Performance
NYSE:DOC traded down $0.25 during mid-day trading on Friday, hitting $21.99. The company's stock had a trading volume of 4,748,598 shares, compared to its average volume of 5,280,481. The business's fifty day moving average is $22.18 and its two-hundred day moving average is $21.24. The stock has a market cap of $15.38 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 2.45 and a beta of 1.13. 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 1 year low of $16.01 and a 1 year high of $23.26.
Healthpeak Properties (NYSE:DOC - Get Free Report) last issued 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). 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 analysts' expectations of $682.51 million. During the same quarter in the previous year, the company earned $0.45 EPS. The firm's quarterly revenue was up 25.9% compared to the same quarter last year. Analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.
Healthpeak Properties Dividend Announcement
The company also recently announced 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 annualized dividend and a dividend yield of 5.46%. The ex-dividend date was Monday, November 4th. Healthpeak Properties's dividend payout ratio is currently 255.32%.
Healthpeak Properties Company Profile
(
Free Report)
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.
Featured Articles
Before you consider Healthpeak Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Healthpeak Properties wasn't on the list.
While Healthpeak Properties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
