Fairtree Asset Management Pty Ltd Makes New Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Fairtree Asset Management Pty Ltd acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 39,861 shares of the real estate investment trust's stock, valued at approximately $808,000.

Several other institutional investors have also bought and sold shares of DOC. Mizuho Bank Ltd. bought a new stake in shares of Healthpeak Properties in the 4th quarter worth about $28,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Healthpeak Properties in the 4th quarter worth about $30,000. Covestor Ltd lifted its holdings in shares of Healthpeak Properties by 173.8% in the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 1,152 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Healthpeak Properties in the 4th quarter worth about $45,000. Finally, Kapitalo Investimentos Ltda bought a new stake in shares of Healthpeak Properties in the 4th quarter worth about $46,000. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Stock Down 0.6%

NYSE DOC traded down $0.11 during trading on Friday, reaching $17.41. 9,932,437 shares of the company's stock traded hands, compared to its average volume of 5,144,322. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market cap of $12.10 billion, a price-to-earnings ratio of 49.74, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. The company's 50 day simple moving average is $18.16 and its two-hundred day simple moving average is $19.72. Healthpeak Properties, Inc. has a 12-month low of $16.64 and a 12-month high of $23.26.

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 analysts' consensus estimates of $0.46. The business had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The company's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.45 EPS. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th will be given a $0.1017 dividend. This represents a dividend yield of 7.05%. The ex-dividend date of this dividend is Monday, May 19th. Healthpeak Properties's payout ratio is currently 305.00%.

Insider Transactions at Healthpeak Properties

In other news, Director Tommy G. Thompson acquired 5,700 shares of the business's stock in a transaction dated Friday, May 9th. The shares were purchased at an average price of $17.36 per share, with a total value of $98,952.00. Following the transaction, the director now directly owns 138,513 shares in the company, valued at approximately $2,404,585.68. This represents a 4.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Scott M. Brinker acquired 11,337 shares of the business's stock in a transaction dated Monday, April 28th. The stock was purchased at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the transaction, the chief executive officer now owns 201,863 shares in the company, valued at approximately $3,568,937.84. The trade was a 5.95% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 29,764 shares of company stock valued at $521,909 in the last 90 days. Insiders own 0.23% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DOC. Evercore ISI decreased their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Robert W. Baird decreased their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Tuesday, April 29th. Wedbush decreased their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Argus reiterated a "buy" rating and set a $25.00 price objective on shares of Healthpeak Properties in a report on Tuesday, April 29th. Finally, Scotiabank decreased their price objective 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, May 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, Healthpeak Properties presently has an average rating of "Moderate Buy" and a consensus price target of $23.45.

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.