41,852 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 41,852 shares of the real estate investment trust’s stock, valued at approximately $957,000.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on DOC shares. Wedbush raised their price objective on shares of Healthpeak Properties from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, July 29th. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Citigroup lifted their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, August 22nd. Wells Fargo & Company reiterated an “equal weight” rating and issued a $23.00 price objective (up previously from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, October 1st. Finally, Robert W. Baird boosted their target price 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.86.

Healthpeak Properties Stock Up 2.6 %

Shares of NYSE DOC opened at $21.41 on Wednesday. The firm’s 50-day moving average is $22.24 and its two-hundred day moving average is $21.09. The company has a market capitalization of $14.97 billion, a PE ratio of 45.49, a price-to-earnings-growth ratio of 2.32 and a beta of 1.13. Healthpeak Properties, Inc. has a 12-month low of $16.01 and a 12-month high of $23.26. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31.

Healthpeak Properties (NYSE:DOC) last posted its earnings results 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). The company had revenue of $700.40 million during 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%. Healthpeak Properties’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 EPS. Equities analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is presently 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.