Swiss National Bank Invests $47.77 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Swiss National Bank acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, Holdings Channel reports. The firm acquired 2,088,916 shares of the real estate investment trust’s stock, valued at approximately $47,774,000.

Several other institutional investors have also added to or reduced their stakes in DOC. HM Payson & Co. purchased a new stake in shares of Healthpeak Properties during the 3rd quarter valued at approximately $25,000. S.A. Mason LLC bought a new stake in Healthpeak Properties during the 3rd quarter valued at $26,000. Rise Advisors LLC purchased a new stake in shares of Healthpeak Properties during the third quarter worth $29,000. Fortitude Family Office LLC bought a new position in shares of Healthpeak Properties in the third quarter worth $32,000. Finally, Barrett & Company Inc. purchased a new position in shares of Healthpeak Properties in the third quarter valued at $33,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DOC has been the topic of a number of recent research reports. Royal Bank of Canada increased their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Evercore ISI increased their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Citigroup raised their price objective 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. Robert W. Baird upped their target price on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Scotiabank increased their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a research note on Monday, September 9th. One 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 company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.86.

Healthpeak Properties Trading Up 0.1 %

NYSE DOC opened at $21.43 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 stock’s 50-day simple moving average is $22.22 and its two-hundred day simple moving average is $21.11. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The company has a market capitalization of $14.99 billion, a price-to-earnings ratio of 45.59, a PEG ratio of 2.32 and a beta of 1.13.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data 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). The firm 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 earnings per share. Research analysts forecast that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a $0.30 dividend. The ex-dividend date was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.60%. Healthpeak Properties’s dividend payout ratio (DPR) 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.