Czech National Bank Has $3.07 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

Czech National Bank boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 5.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 151,654 shares of the real estate investment trust’s stock after buying an additional 8,287 shares during the period. Czech National Bank’s holdings in Healthpeak Properties were worth $3,074,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in DOC. State Street Corp acquired a new position in shares of Healthpeak Properties during the third quarter worth $1,093,576,000. JPMorgan Chase & Co. grew its position in shares of Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock valued at $493,115,000 after buying an additional 4,056,931 shares during the last quarter. Geode Capital Management LLC acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $403,898,000. Charles Schwab Investment Management Inc. bought a new position in shares of Healthpeak Properties during the third quarter worth about $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Healthpeak Properties in the third quarter worth approximately $175,697,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on DOC shares. Mizuho dropped their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a report on Wednesday. Robert W. Baird increased their price target on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Wells Fargo & Company dropped their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. Finally, StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and a consensus target price of $24.15.

Healthpeak Properties Trading Up 1.8 %

NYSE DOC opened at $20.69 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The business has a 50 day moving average price of $20.94 and a 200-day moving average price of $21.48. The company has a market cap of $14.47 billion, a price-to-earnings ratio of 44.03, a P/E/G ratio of 2.12 and a beta of 1.14.

Healthpeak Properties (NYSE:DOC) last announced 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 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 quarter last year, the firm posted $0.45 EPS. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, equities analysts expect that Healthpeak Properties, Inc. will post 1.81 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.80%. 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.