Cubist Systematic Strategies LLC Has $6.94 Million Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Cubist Systematic Strategies LLC increased its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 23.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 342,268 shares of the real estate investment trust's stock after buying an additional 64,862 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Healthpeak Properties were worth $6,938,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Mizuho Bank Ltd. acquired a new position in shares of Healthpeak Properties in the 4th quarter worth $28,000. Harvest Fund Management Co. Ltd acquired a new stake in Healthpeak Properties during the 4th quarter worth about $30,000. Covestor Ltd lifted its stake in Healthpeak Properties by 173.8% during the fourth quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 1,152 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in shares of Healthpeak Properties by 34.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after buying an additional 563 shares during the period. Finally, Kestra Investment Management LLC purchased a new position in shares of Healthpeak Properties in the fourth quarter worth approximately $45,000. Institutional investors own 93.57% of the company's stock.

Insider Buying and Selling

In related news, CEO Scott M. Brinker acquired 2,750 shares of the company's stock in a transaction dated Friday, May 9th. The shares were bought at an average price of $17.39 per share, for a total transaction of $47,822.50. Following the acquisition, the chief executive officer now owns 204,613 shares in the company, valued at $3,558,220.07. This trade represents a 1.36% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Tommy G. Thompson bought 5,700 shares of Healthpeak Properties stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average price of $17.36 per share, with a total value of $98,952.00. Following the purchase, the director now owns 138,513 shares of the company's stock, valued at $2,404,585.68. This trade represents a 4.29% increase in their position. The disclosure for this purchase can be found here. Insiders have bought 23,987 shares of company stock worth $422,141 in the last quarter. 0.23% of the stock is currently owned by company insiders.

Healthpeak Properties Stock Up 0.4%

NYSE DOC traded up $0.06 during trading on Monday, hitting $17.53. 7,264,754 shares of the company traded hands, compared to its average volume of 4,962,042. Healthpeak Properties, Inc. has a 12 month low of $17.21 and a 12 month high of $23.26. The business has a fifty day simple moving average of $19.08 and a 200 day simple moving average of $20.22. The company has a market capitalization of $12.18 billion, a P/E ratio of 50.09, a PEG ratio of 2.17 and a beta of 1.05. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The firm had revenue of $702.89 million during the quarter, compared to analyst estimates of $690.76 million. During the same period in the previous year, the company earned $0.45 EPS. The company's revenue for the quarter was up 15.9% on a year-over-year basis. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 18th were paid a $0.1017 dividend. The ex-dividend date of this dividend was Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties's payout ratio is presently 305.00%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Wedbush lowered their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st. Morgan Stanley upgraded 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, January 15th. Scotiabank decreased their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating for the company in a report on Monday. Finally, Evercore ISI dropped their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Healthpeak Properties currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.25.

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.