B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Healthpeak Properties, Inc. (NYSE:DOC)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 103,508 shares of the real estate investment trust’s stock, valued at approximately $2,367,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. acquired a new position in Healthpeak Properties during the 3rd quarter valued at about $102,615,000. abrdn plc acquired a new position in shares of Healthpeak Properties during the third quarter worth approximately $62,670,000. Swiss National Bank bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $47,774,000. Douglas Lane & Associates LLC acquired a new stake in Healthpeak Properties in the 3rd quarter valued at approximately $33,947,000. Finally, Foresight Group Ltd Liability Partnership bought a new stake in Healthpeak Properties during the 3rd quarter valued at $33,212,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $23.00 price objective (up previously from $22.00) on shares of Healthpeak Properties in a report on Tuesday, October 1st. Scotiabank increased their price objective on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a report on Monday, September 9th. Citigroup boosted their target price on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 22nd. Wedbush lifted 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. Finally, Robert W. Baird boosted their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.86.

Healthpeak Properties Stock Up 1.4 %

Shares of NYSE DOC opened at $21.74 on Friday. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market cap of $15.21 billion, a P/E ratio of 46.26, a P/E/G ratio of 2.38 and a beta of 1.13. The firm has a 50 day moving average price of $22.21 and a 200 day moving average price of $21.11.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 EPS 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 business had revenue of $700.40 million for the quarter, compared to analyst estimates of $682.51 million. During the same period in the prior year, the business earned $0.45 EPS. The company’s revenue for the quarter was up 25.9% compared to the same quarter last year. Analysts expect that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is presently 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.