Robeco Institutional Asset Management B.V. Acquires Shares of 609,156 Healthpeak Properties, Inc. (NYSE:DOC)

Robeco Institutional Asset Management B.V. purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 609,156 shares of the real estate investment trust’s stock, valued at approximately $13,931,000. Robeco Institutional Asset Management B.V. owned about 0.09% of Healthpeak Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in DOC. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Healthpeak Properties in the 2nd quarter worth approximately $66,000. Point72 DIFC Ltd purchased a new position in Healthpeak Properties in the second quarter worth $161,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Healthpeak Properties in the 2nd quarter valued at $9,024,000. Centaurus Financial Inc. purchased a new stake in shares of Healthpeak Properties during the 2nd quarter valued at $227,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of Healthpeak Properties during the 3rd quarter worth $108,000. 93.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Citigroup increased their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, August 22nd. Royal Bank of Canada raised their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday. Robert W. Baird increased their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Finally, Wedbush upped their price target on Healthpeak Properties from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $22.86.

Healthpeak Properties Stock Down 0.8 %

Shares of NYSE DOC opened at $22.33 on Thursday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. The company has a market cap of $15.62 billion, a P/E ratio of 47.51, a P/E/G ratio of 2.45 and a beta of 1.13. Healthpeak Properties, Inc. has a 52 week low of $15.44 and a 52 week high of $23.26. The business has a 50-day simple moving average of $22.30 and a two-hundred day simple moving average of $20.90.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32). Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The firm had revenue of $700.40 million for the quarter, compared to the consensus estimate of $682.51 million. During the same period last year, the company posted $0.45 EPS. The business’s revenue was up 25.9% on a year-over-year basis. Research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.37%. The ex-dividend date of this dividend is Monday, November 4th. Healthpeak Properties’s dividend payout ratio is 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.