Comprehensive Money Management Services LLC Takes $313,000 Position in Healthpeak Properties, Inc. (NYSE:DOC)

Comprehensive Money Management Services LLC bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,462 shares of the real estate investment trust's stock, valued at approximately $313,000.

Other large investors also recently made changes to their positions in the company. Mizuho Bank Ltd. acquired a new position in shares of Healthpeak Properties in the 4th quarter valued at about $28,000. Harvest Fund Management Co. Ltd acquired a new position in shares of Healthpeak Properties in the 4th quarter valued at about $30,000. Covestor Ltd increased 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 valued at $37,000 after purchasing an additional 1,152 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Healthpeak Properties in the 4th quarter valued at about $45,000. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of Healthpeak Properties in the 4th quarter valued at about $46,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Insider Buying and Selling at Healthpeak Properties

In related news, CEO Scott M. Brinker purchased 11,337 shares of the stock in a transaction on Monday, April 28th. The shares were bought at an average price of $17.68 per share, for a total transaction of $200,438.16. Following the completion of the acquisition, the chief executive officer now directly owns 201,863 shares in the company, valued at approximately $3,568,937.84. This trade represents a 5.95% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tommy G. Thompson purchased 5,777 shares of the stock in a transaction on Wednesday, May 28th. The shares were bought at an average price of $17.27 per share, for a total transaction of $99,768.79. Following the acquisition, the director now owns 144,290 shares of the company's stock, valued at approximately $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. Insiders have purchased a total of 29,764 shares of company stock worth $521,909 over the last 90 days. Insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Performance

DOC stock traded down $0.11 during midday trading on Friday, hitting $17.41. 9,932,437 shares of the company traded hands, compared to its average volume of 5,144,324. Healthpeak Properties, Inc. has a twelve month low of $16.64 and a twelve month high of $23.26. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The business has a 50 day simple moving average of $18.16 and a 200-day simple moving average of $19.72. The stock has a market capitalization 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.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly 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 company had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. During the same quarter last year, the company posted $0.45 earnings per share. The company's revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, equities research analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DOC. Argus reiterated a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a report on Tuesday, April 29th. Wall Street Zen downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Evercore ISI dropped their price objective on Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Wedbush dropped their price objective on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Finally, Robert W. Baird dropped their price objective on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the company 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.