Healthpeak Properties, Inc. (NYSE:DOC) Stock Position Raised by Ethic Inc.

Ethic Inc. lifted its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 56.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 100,503 shares of the real estate investment trust's stock after acquiring an additional 36,253 shares during the quarter. Ethic Inc.'s holdings in Healthpeak Properties were worth $2,037,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DOC. JPMorgan Chase & Co. lifted its holdings in Healthpeak Properties by 23.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock worth $493,115,000 after buying an additional 4,056,931 shares in the last quarter. Vert Asset Management LLC raised its holdings in Healthpeak Properties by 11.1% during the fourth quarter. Vert Asset Management LLC now owns 304,219 shares of the real estate investment trust's stock worth $6,167,000 after purchasing an additional 30,461 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Healthpeak Properties by 25.7% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 109,200 shares of the real estate investment trust's stock valued at $2,213,000 after purchasing an additional 22,300 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Healthpeak Properties by 16.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 110,498 shares of the real estate investment trust's stock worth $2,217,000 after acquiring an additional 15,753 shares during the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in shares of Healthpeak Properties in the third quarter valued at about $18,736,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Insider Buying and Selling at Healthpeak Properties

In other news, Director Tommy G. Thompson bought 5,700 shares of the company's stock in a transaction dated Friday, May 9th. The shares were acquired at an average cost of $17.36 per share, with a total value of $98,952.00. Following the completion of the transaction, the director now directly owns 138,513 shares in the company, valued at approximately $2,404,585.68. The trade was a 4.29% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John T. Thomas bought 4,200 shares of Healthpeak Properties stock in a transaction dated Monday, April 28th. The stock was acquired at an average price of $17.84 per share, with a total value of $74,928.00. Following the acquisition, the director now directly owns 813,566 shares of the company's stock, valued at approximately $14,514,017.44. This represents a 0.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 23,987 shares of company stock valued at $422,141. 0.23% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. StockNews.com cut Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Thursday, May 1st. Robert W. Baird dropped 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 note on Tuesday, April 29th. Argus restated a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Wedbush lowered their target price on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Finally, Scotiabank cut 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $23.25.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock traded up $0.41 during trading on Friday, hitting $17.72. 7,605,131 shares of the stock were exchanged, compared to its average volume of 4,999,584. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. Healthpeak Properties, Inc. has a 12 month low of $16.90 and a 12 month high of $23.26. The stock's fifty day moving average is $18.83 and its 200 day moving average is $20.11. The stock has a market cap of $12.31 billion, a PE ratio of 50.62, a P/E/G ratio of 2.17 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting 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 for the quarter, compared to analysts' expectations of $690.76 million. During the same period last year, the firm earned $0.45 EPS. The firm's revenue was up 15.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th will be given a $0.1017 dividend. This represents a yield of 7.05%. The ex-dividend date is Monday, May 19th. Healthpeak Properties's dividend payout ratio (DPR) is presently 305.00%.

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.