Private Advisor Group LLC Invests $405,000 in Healthpeak Properties, Inc. (NYSE:DOC)

Private Advisor Group LLC purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 17,709 shares of the real estate investment trust’s stock, valued at approximately $405,000.

Several other institutional investors also recently bought and sold shares of DOC. Rise Advisors LLC purchased a new position in Healthpeak Properties during the third quarter valued at approximately $29,000. Riverview Trust Co acquired a new stake in Healthpeak Properties in the third quarter valued at approximately $35,000. UMB Bank n.a. acquired a new stake in Healthpeak Properties in the third quarter valued at approximately $40,000. Mather Group LLC. acquired a new stake in Healthpeak Properties in the third quarter valued at approximately $60,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Healthpeak Properties in the second quarter worth approximately $66,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DOC has been the topic of a number of research analyst reports. Robert W. Baird lifted their price target on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. StockNews.com lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Citigroup lifted their target price on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, August 22nd. Finally, Scotiabank lifted 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. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.86.

Healthpeak Properties Trading Up 2.4 %

DOC opened at $22.51 on Wednesday. Healthpeak Properties, Inc. has a 12 month low of $15.44 and a 12 month high of $23.26. The stock has a market capitalization of $15.74 billion, a price-to-earnings ratio of 47.89, 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. The business has a fifty day moving average price of $22.30 and a 200 day moving average price of $20.89.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data 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 business had revenue of $700.40 million for the quarter, compared to analyst estimates of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The company’s revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 earnings per share. Sell-side 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 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 dividend yield of 5.33%. 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.