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

Comprehensive Money Management Services LLC acquired a new position in 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. The fund acquired 15,462 shares of the real estate investment trust's stock, valued at approximately $313,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DOC. Barclays PLC bought a new position in shares of Healthpeak Properties in the third quarter worth about $35,078,000. JPMorgan Chase & Co. increased its position 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 valued at $493,115,000 after purchasing an additional 4,056,931 shares during the period. Exchange Traded Concepts LLC increased its position in Healthpeak Properties by 10.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust's stock valued at $133,000 after purchasing an additional 598 shares during the period. Blue Trust Inc. increased its position in Healthpeak Properties by 27.1% during the 4th quarter. Blue Trust Inc. now owns 14,006 shares of the real estate investment trust's stock valued at $284,000 after purchasing an additional 2,990 shares during the period. Finally, Pacer Advisors Inc. increased its position in Healthpeak Properties by 12.4% during the 4th quarter. Pacer Advisors Inc. now owns 59,305 shares of the real estate investment trust's stock valued at $1,202,000 after purchasing an additional 6,541 shares during the period. Institutional investors and hedge funds 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 firm's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average cost of $17.39 per share, for a total transaction of $47,822.50. Following the completion of the transaction, the chief executive officer now owns 204,613 shares in the company, valued at approximately $3,558,220.07. This trade represents a 1.36% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John T. Thomas purchased 4,200 shares of Healthpeak Properties stock in a transaction on Monday, April 28th. The shares were acquired at an average price of $17.84 per share, for a total transaction of $74,928.00. Following the completion of the transaction, the director now directly owns 813,566 shares of the company's stock, valued at approximately $14,514,017.44. The trade was a 0.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 29,764 shares of company stock worth $521,909. Insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Performance

NYSE DOC traded up $0.12 during trading hours on Thursday, reaching $17.53. 6,771,698 shares of the company were exchanged, compared to its average volume of 5,124,419. Healthpeak Properties, Inc. has a 1 year low of $16.64 and a 1 year high of $23.26. The business's 50 day simple moving average is $18.22 and its 200-day simple moving average is $19.75. The stock has a market capitalization of $12.18 billion, a P/E ratio of 50.07, a P/E/G ratio of 2.17 and a beta of 1.05. The company has a quick ratio of 1.35, a current 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, meeting analysts' consensus estimates of $0.46. The business had revenue of $702.89 million during the quarter, compared to analyst estimates of $690.76 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The company's quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 EPS. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on DOC shares. Wedbush decreased their target price on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Robert W. Baird cut their target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Scotiabank cut their target price on Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating on the stock in a research report on Monday, May 12th. Argus reaffirmed a "buy" rating and set a $25.00 price objective on shares of Healthpeak Properties in a report on Tuesday, April 29th. Finally, Wall Street Zen downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. One investment 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average 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.