Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 5.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 23,074 shares of the real estate investment trust’s stock after acquiring an additional 1,186 shares during the period. Harbor Capital Advisors Inc.’s holdings in Healthpeak Properties were worth $468,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DOC. HM Payson & Co. acquired a new position in shares of Healthpeak Properties during the third quarter worth $25,000. S.A. Mason LLC purchased a new stake in Healthpeak Properties during the 3rd quarter worth $26,000. Rise Advisors LLC acquired a new position in Healthpeak Properties in the 3rd quarter worth $29,000. Fortitude Family Office LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $32,000. Finally, Barrett & Company Inc. acquired a new stake in shares of Healthpeak Properties during the third quarter valued at about $33,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $20.13 on Wednesday. The company has a market cap of $14.08 billion, a P/E ratio of 42.83, a PEG ratio of 2.31 and a beta of 1.14. The business has a 50 day moving average of $21.02 and a two-hundred day moving average of $21.49. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. 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) last issued 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). The company had revenue of $700.40 million for the quarter, compared to the consensus estimate of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. Healthpeak Properties’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.45 earnings per share. As a group, analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a $0.30 dividend. The ex-dividend date was Monday, November 4th. This represents a $1.20 annualized dividend and a yield of 5.96%. Healthpeak Properties’s dividend payout ratio is presently 255.32%.

Analysts Set New Price Targets

A number of research analysts recently commented on DOC shares. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Wells Fargo & Company reduced their target price on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 10th. Robert W. Baird lifted their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Royal Bank of Canada increased their price objective on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their target price for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.08.

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.