Toronto Dominion Bank Has $9.39 Million Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Toronto Dominion Bank raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 32.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 463,115 shares of the real estate investment trust's stock after acquiring an additional 113,182 shares during the period. Toronto Dominion Bank owned approximately 0.07% of Healthpeak Properties worth $9,387,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock worth $493,115,000 after purchasing an additional 4,056,931 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Healthpeak Properties by 25.7% during the fourth 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Healthpeak Properties by 16.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 110,498 shares of the real estate investment trust's stock worth $2,217,000 after acquiring an additional 15,753 shares in the last quarter. Two Sigma Advisers LP acquired a new position in Healthpeak Properties in the fourth quarter valued at about $5,691,000. Finally, Sterling Capital Management LLC increased its holdings in shares of Healthpeak Properties by 22.4% in the fourth quarter. Sterling Capital Management LLC now owns 80,157 shares of the real estate investment trust's stock worth $1,625,000 after acquiring an additional 14,689 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Stock Performance

NYSE:DOC traded down $0.11 during mid-day trading on Friday, hitting $17.41. The stock had a trading volume of 9,932,437 shares, 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 debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 49.74, a PEG ratio of 2.17 and a beta of 1.05. The company's 50 day simple moving average is $18.16 and its 200 day simple moving average is $19.72.

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, hitting analysts' consensus estimates of $0.46. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The business 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 firm earned $0.45 EPS. The firm's revenue was up 15.9% compared to the same quarter last year. On average, equities research analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

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

Insider Buying and Selling

In other news, Director John T. Thomas acquired 4,200 shares of the firm's stock in a transaction on Monday, April 28th. The shares were purchased at an average cost of $17.84 per share, with a total value of $74,928.00. Following the acquisition, the director now directly owns 813,566 shares in the company, valued at $14,514,017.44. This represents a 0.52% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Scott M. Brinker acquired 11,337 shares of the stock in a transaction on Monday, April 28th. The shares were purchased at an average price of $17.68 per share, for a total transaction 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 trade represents a 5.95% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 29,764 shares of company stock valued at $521,909. Company insiders own 0.23% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DOC. Robert W. Baird cut 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. Evercore ISI lowered their price objective 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. Wedbush cut their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Scotiabank cut their price target on Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating on the stock in a report on Monday, May 12th. Finally, Wall Street Zen cut Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Healthpeak Properties currently has an average 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.