44,710 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Atria Investments Inc

Atria Investments Inc acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 44,710 shares of the real estate investment trust’s stock, valued at approximately $1,023,000.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and increased their price target for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Wells Fargo & Company reaffirmed 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 price target on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Scotiabank upped their price target on Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a research note on Monday, September 9th. Finally, Citigroup lifted 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 equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $22.86.

Healthpeak Properties Stock Down 1.8 %

Shares of DOC stock opened at $20.86 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26. The stock has a market cap of $14.59 billion, a P/E ratio of 44.38, a P/E/G ratio of 2.32 and a beta of 1.13. The company has a 50 day simple moving average of $22.26 and a two-hundred day simple moving average of $21.06.

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

Healthpeak Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s payout ratio is 255.32%.

Healthpeak Properties Company 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.