Signaturefd LLC Acquires Shares of 33,128 Healthpeak Properties, Inc. (NYSE:DOC)

Signaturefd LLC purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 33,128 shares of the real estate investment trust’s stock, valued at approximately $758,000.

Several other institutional investors have also modified their holdings of the stock. Atomi Financial Group Inc. acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $399,000. Pensionfund Sabic acquired a new position in shares of Healthpeak Properties during the third quarter worth about $2,556,000. Mirador Capital Partners LP acquired a new position in shares of Healthpeak Properties during the third quarter worth about $737,000. Sarasin & Partners LLP acquired a new position in shares of Healthpeak Properties during the third quarter worth about $10,425,000. Finally, GAMMA Investing LLC acquired a new position in shares of Healthpeak Properties during the third quarter worth about $605,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DOC shares. Scotiabank boosted their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a research report on Monday, September 9th. Wells Fargo & Company restated an “equal weight” rating and set a $23.00 target price (up previously from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Evercore ISI boosted their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft upgraded 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 note on Monday. Finally, Citigroup boosted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, August 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Healthpeak Properties has an average rating of “Moderate Buy” and a consensus price target of $22.62.

Healthpeak Properties Trading Down 0.6 %

NYSE:DOC opened at $22.99 on Friday. The stock has a fifty day moving average price of $22.24 and a two-hundred day moving average price of $20.64. The stock has a market capitalization of $16.18 billion, a price-to-earnings ratio of 65.69, a PEG ratio of 2.27 and a beta of 1.14. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.70 and a current ratio of 0.70. Healthpeak Properties, Inc. has a 1 year low of $15.24 and a 1 year high of $23.26.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.23). The business had revenue of $695.50 million during the quarter, compared to analysts’ expectations of $665.11 million. Healthpeak Properties had a return on equity of 3.51% and a net margin of 11.93%. The company’s revenue was up 27.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS. As a group, sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

About Healthpeak Properties

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.