Healthpeak Properties, Inc. (NYSE:DOC) Holdings Raised by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 58.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,612 shares of the real estate investment trust's stock after buying an additional 26,782 shares during the quarter. Berkeley Capital Partners LLC's holdings in Healthpeak Properties were worth $1,468,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Foundry Partners LLC grew its holdings in shares of Healthpeak Properties by 37.8% during the first quarter. Foundry Partners LLC now owns 934,894 shares of the real estate investment trust's stock valued at $18,904,000 after buying an additional 256,339 shares during the last quarter. Archer Investment Corp boosted its holdings in Healthpeak Properties by 59.3% in the first quarter. Archer Investment Corp now owns 20,516 shares of the real estate investment trust's stock valued at $415,000 after purchasing an additional 7,640 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its holdings in Healthpeak Properties by 15.3% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 24,219 shares of the real estate investment trust's stock valued at $490,000 after purchasing an additional 3,217 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in Healthpeak Properties by 52.2% in the first quarter. Verdence Capital Advisors LLC now owns 27,035 shares of the real estate investment trust's stock valued at $547,000 after purchasing an additional 9,277 shares during the last quarter. Finally, Tectonic Advisors LLC boosted its holdings in Healthpeak Properties by 10.0% in the first quarter. Tectonic Advisors LLC now owns 405,188 shares of the real estate investment trust's stock valued at $8,193,000 after purchasing an additional 36,794 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director John T. Thomas purchased 4,200 shares of the company's stock in a transaction that occurred on Monday, April 28th. The shares were purchased at an average price of $17.84 per share, with a total value of $74,928.00. Following the purchase, the director directly owned 813,566 shares of the company's stock, valued at approximately $14,514,017.44. This represents a 0.52% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Tommy G. Thompson acquired 5,777 shares of the firm's stock in a transaction on Wednesday, May 28th. The stock was purchased at an average cost of $17.27 per share, with a total value of $99,768.79. Following the completion of the transaction, the director owned 144,290 shares in the company, valued at $2,491,888.30. The trade was a 4.17% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 29,764 shares of company stock valued at $521,909. Corporate insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Down 0.2%

Shares of Healthpeak Properties stock traded down $0.03 during trading on Friday, hitting $18.33. 4,445,200 shares of the stock were exchanged, compared to its average volume of 5,384,662. Healthpeak Properties, Inc. has a 12-month low of $16.64 and a 12-month high of $23.26. The stock has a market cap of $12.73 billion, a price-to-earnings ratio of 45.83, a price-to-earnings-growth ratio of 2.09 and a beta of 1.03. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.35 and a quick ratio of 1.35. The firm's 50-day moving average price is $17.56 and its 200 day moving average price is $18.89.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts' consensus estimates of $0.46. Healthpeak Properties had a net margin of 9.99% and a return on equity of 3.06%. The company had revenue of $702.89 million for the quarter, compared to analyst estimates of $690.76 million. During the same period in the previous year, the business posted $0.45 earnings per share. Healthpeak Properties's quarterly revenue was up 15.9% on a year-over-year basis. As a group, analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th will be issued a dividend of $0.1017 per share. This represents a $1.22 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date is Friday, September 19th. Healthpeak Properties's dividend payout ratio (DPR) is presently 305.00%.

Analyst Upgrades and Downgrades

DOC has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Monday, July 7th. Robert W. Baird reduced their price target on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Evercore ISI reduced their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Wells Fargo & Company cut their price objective on shares of Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating for the company in a report on Monday, June 2nd. Finally, Scotiabank cut 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 given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $23.27.

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.