Y Intercept Hong Kong Ltd Purchases Shares of 88,223 Healthpeak Properties, Inc. (NYSE:DOC)

Y Intercept Hong Kong Ltd acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 88,223 shares of the real estate investment trust's stock, valued at approximately $2,018,000.

Several other large investors have also recently made changes to their positions in DOC. HM Payson & Co. purchased a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $25,000. S.A. Mason LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $26,000. Rise Advisors LLC purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $29,000. Fortitude Family Office LLC bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $32,000. Finally, Barrett & Company Inc. purchased a new stake in Healthpeak Properties during the 3rd quarter valued at $33,000. 93.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DOC shares. Deutsche Bank Aktiengesellschaft upgraded shares of 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. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday, October 30th. Scotiabank boosted their target price on Healthpeak Properties from $23.00 to $24.00 and gave the company a "sector outperform" rating in a research report on Monday, September 9th. Wells Fargo & Company decreased their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Robert W. Baird lifted their target price on Healthpeak Properties from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $22.93.

Healthpeak Properties Stock Down 1.2 %

Shares of NYSE:DOC traded down $0.25 on Tuesday, reaching $21.45. The company had a trading volume of 3,502,873 shares, compared to its average volume of 5,658,573. The firm has a market capitalization of $15.00 billion, a PE ratio of 45.64, a PEG ratio of 2.38 and a beta of 1.13. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The firm's 50 day simple moving average is $22.02 and its 200-day simple moving average is $21.34.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). The company had revenue of $700.40 million during the quarter, compared to analysts' expectations of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. Healthpeak Properties's revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.45 EPS. As a group, analysts expect 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 was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.59%. Healthpeak Properties's payout ratio is 255.32%.

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.