Employees Retirement System of Texas Grows Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Employees Retirement System of Texas lifted its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 20.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 376,712 shares of the real estate investment trust's stock after acquiring an additional 65,000 shares during the quarter. Employees Retirement System of Texas owned 0.05% of Healthpeak Properties worth $7,636,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of Healthpeak Properties by 23.2% in 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 acquiring an additional 4,056,931 shares during the last quarter. Vert Asset Management LLC lifted its holdings in shares of Healthpeak Properties by 11.1% in the 4th quarter. Vert Asset Management LLC now owns 304,219 shares of the real estate investment trust's stock worth $6,167,000 after acquiring an additional 30,461 shares during 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 worth $2,213,000 after acquiring an additional 22,300 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Healthpeak Properties by 16.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 110,498 shares of the real estate investment trust's stock valued at $2,217,000 after buying an additional 15,753 shares in the last quarter. Finally, Two Sigma Advisers LP bought a new stake in Healthpeak Properties during the 4th quarter valued at about $5,691,000. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Stock Down 0.6%

Shares of NYSE:DOC traded down $0.11 during trading hours on Friday, hitting $17.41. The company's stock had a trading volume of 9,932,437 shares, compared to its average volume of 5,144,324. Healthpeak Properties, Inc. has a 52 week low of $16.64 and a 52 week high of $23.26. 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 company has a market capitalization of $12.10 billion, a price-to-earnings ratio of 49.74, a P/E/G ratio of 2.17 and a beta of 1.05. The firm's fifty day moving average price is $18.16 and its 200 day moving average price is $19.72.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted 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 net margin of 9.00% and a return on equity of 2.61%. The business had revenue of $702.89 million during the quarter, compared to analyst estimates of $690.76 million. During the same quarter in the previous year, the business posted $0.45 EPS. The company's quarterly revenue was up 15.9% compared to the same quarter last year. As a group, research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

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

Insider Transactions at Healthpeak Properties

In other news, CEO Scott M. Brinker acquired 11,337 shares of the business's stock in a transaction dated Monday, April 28th. The shares were purchased at an average price of $17.68 per share, with a total value of $200,438.16. Following the transaction, the chief executive officer now directly owns 201,863 shares in the company, valued at approximately $3,568,937.84. This represents a 5.95% 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, Director Tommy G. Thompson acquired 5,700 shares of the business's stock in a transaction dated Friday, May 9th. The stock was purchased at an average cost of $17.36 per share, for a total transaction of $98,952.00. Following the transaction, the director now owns 138,513 shares in the company, valued at approximately $2,404,585.68. The trade was a 4.29% 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.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Argus reiterated a "buy" rating and set a $25.00 price objective on shares of Healthpeak Properties in a report on Tuesday, April 29th. 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. 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. Wall Street Zen lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Finally, 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price 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.