Foundry Partners LLC Has $18.90 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

Foundry Partners LLC grew its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 37.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 934,894 shares of the real estate investment trust's stock after purchasing an additional 256,339 shares during the period. Foundry Partners LLC owned approximately 0.13% of Healthpeak Properties worth $18,904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC boosted its holdings in Healthpeak Properties by 4.2% during the first quarter. Parallel Advisors LLC now owns 13,980 shares of the real estate investment trust's stock worth $283,000 after buying an additional 561 shares in the last quarter. Townsquare Capital LLC boosted its holdings in Healthpeak Properties by 5.9% during the fourth quarter. Townsquare Capital LLC now owns 10,461 shares of the real estate investment trust's stock worth $212,000 after buying an additional 584 shares in the last quarter. Huntington National Bank boosted its holdings in Healthpeak Properties by 3.0% during the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust's stock worth $422,000 after buying an additional 613 shares in the last quarter. AssuredPartners Investment Advisors LLC boosted its holdings in Healthpeak Properties by 3.1% during the first quarter. AssuredPartners Investment Advisors LLC now owns 22,088 shares of the real estate investment trust's stock worth $447,000 after buying an additional 666 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its holdings in Healthpeak Properties by 4.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust's stock worth $337,000 after buying an additional 700 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on DOC. Wall Street Zen downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Monday, July 7th. Evercore ISI decreased their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Wells Fargo & Company decreased their price target on shares of Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Monday, June 2nd. Robert W. Baird reduced 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 Tuesday, April 29th. Finally, Scotiabank reduced 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 investment 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. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $23.27.

Insider Activity at Healthpeak Properties

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

Healthpeak Properties Stock Down 0.2%

DOC traded down $0.03 during trading hours on Friday, hitting $18.33. 4,445,200 shares of the company's stock were exchanged, compared to its average volume of 5,384,662. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.01. The stock's 50-day moving average is $17.56 and its two-hundred day moving average is $18.89. Healthpeak Properties, Inc. has a 1-year low of $16.64 and a 1-year high of $23.26. The stock has a market cap of $12.73 billion, a price-to-earnings ratio of 45.83, a PEG ratio of 2.09 and a beta of 1.03.

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 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. The firm had revenue of $702.89 million for the quarter, compared to analyst estimates of $690.76 million. Healthpeak Properties had a net margin of 9.99% and a return on equity of 3.06%. The company's quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 earnings per share. Sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 19th will be paid a $0.1017 dividend. The ex-dividend date of this dividend is Friday, September 19th. This represents a $1.22 annualized dividend and a dividend yield of 6.66%. Healthpeak Properties's dividend payout ratio (DPR) is presently 305.00%.

About Healthpeak Properties

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.