3,362 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by LRI Investments LLC

LRI Investments LLC acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,362 shares of the real estate investment trust’s stock, valued at approximately $71,000.

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

Analyst Ratings Changes

A number of analysts have recently issued reports on DOC shares. Scotiabank lifted their price objective on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a report on Monday, September 9th. Wells Fargo & Company cut their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday. Mizuho decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and upped their target price for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Finally, StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $22.93.

Healthpeak Properties Stock Down 1.2 %

NYSE DOC opened at $21.45 on Wednesday. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The stock has a market capitalization of $15.00 billion, a PE ratio of 45.64, a PEG ratio of 2.38 and a beta of 1.13. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. The business’s 50-day moving average is $22.02 and its 200 day moving average is $21.34.

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 for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32). The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. Healthpeak Properties’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 earnings per share. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders 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 annualized dividend and a yield of 5.59%. Healthpeak Properties’s dividend payout ratio (DPR) 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.