109,500 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Versor Investments LP

Versor Investments LP bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 109,500 shares of the real estate investment trust's stock, valued at approximately $2,504,000. Healthpeak Properties makes up about 0.4% of Versor Investments LP's portfolio, making the stock its 26th biggest position.

Other large investors have also bought and sold shares of the company. HM Payson & Co. bought a new position in Healthpeak Properties in the third quarter worth approximately $25,000. S.A. Mason LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth $26,000. Rise Advisors LLC bought a new stake in Healthpeak Properties during the 3rd quarter valued at $29,000. Fortitude Family Office LLC acquired a new position in Healthpeak Properties during the third quarter worth $32,000. Finally, Barrett & Company Inc. bought a new position in shares of Healthpeak Properties in the third quarter valued at $33,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Price Performance

DOC traded down $0.42 during trading on Monday, reaching $22.34. 4,101,680 shares of the company were exchanged, compared to its average volume of 5,732,313. The company's 50-day moving average is $22.32 and its two-hundred day moving average is $20.98. Healthpeak Properties, Inc. has a 12-month low of $15.44 and a 12-month high of $23.26. The company has a market cap of $15.63 billion, a price-to-earnings ratio of 47.55, a P/E/G ratio of 2.54 and a beta of 1.13. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.32). Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The business had revenue of $700.40 million for the quarter, compared to the consensus estimate of $682.51 million. During the same quarter last year, the business posted $0.45 EPS. The business's revenue was up 25.9% compared to the same quarter last year. 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 announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be given a $0.30 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.37%. Healthpeak Properties's payout ratio is 255.32%.

Analyst Ratings Changes

A number of brokerages have commented on DOC. Evercore ISI boosted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Wedbush lifted their price objective on shares of Healthpeak Properties from $22.00 to $25.00 and gave the stock an "outperform" rating in a report on Monday, July 29th. Robert W. Baird increased 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. Citigroup boosted their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Thursday, August 22nd. Finally, Scotiabank lifted their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock a "sector outperform" rating in a research report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $22.86.

Healthpeak Properties Company 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.