Healthpeak Properties, Inc. (NYSE:DOC) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 18.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,143 shares of the real estate investment trust’s stock after acquiring an additional 4,446 shares during the period. Assenagon Asset Management S.A.’s holdings in Healthpeak Properties were worth $591,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on DOC shares. Royal Bank of Canada lifted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and lifted their price target for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Robert W. Baird increased their price objective on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company cut their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. Finally, StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.15.

Healthpeak Properties Trading Up 0.8 %

Shares of DOC opened at $20.82 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. Healthpeak Properties, Inc. has a one year low of $16.01 and a one year high of $23.26. The stock has a 50-day moving average price of $20.83 and a 200 day moving average price of $21.53. The company has a market capitalization of $14.56 billion, a P/E ratio of 44.29, a P/E/G ratio of 2.21 and a beta of 1.14.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 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 analysts’ expectations of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The business’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 earnings per share. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.81 EPS for the current fiscal year.

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.