Janney Montgomery Scott LLC Purchases 217,120 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Janney Montgomery Scott LLC lifted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 34.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 839,507 shares of the real estate investment trust's stock after purchasing an additional 217,120 shares during the period. Janney Montgomery Scott LLC owned 0.12% of Healthpeak Properties worth $16,975,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Healthpeak Properties in the 4th quarter worth about $166,804,000. Resolution Capital Ltd bought a new stake in Healthpeak Properties during the 4th quarter valued at approximately $122,795,000. Long Pond Capital LP bought a new stake in Healthpeak Properties during the 4th quarter valued at approximately $86,885,000. Northern Trust Corp grew its holdings in shares of Healthpeak Properties by 32.6% during the 4th quarter. Northern Trust Corp now owns 10,526,223 shares of the real estate investment trust's stock worth $213,367,000 after acquiring an additional 2,590,530 shares during the period. Finally, National Bank of Canada FI grew its holdings in shares of Healthpeak Properties by 56,120.9% during the 4th quarter. National Bank of Canada FI now owns 1,686,065 shares of the real estate investment trust's stock worth $34,181,000 after acquiring an additional 1,683,066 shares during the period. 93.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DOC has been the subject of a number of research analyst reports. Argus restated a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Wedbush decreased their price objective on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Evercore ISI dropped their target price on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Robert W. Baird reduced their target price on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Finally, Wells Fargo & Company lowered their price target on shares of Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating for the company in a research report on Monday, June 2nd. 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 stock. According to MarketBeat.com, Healthpeak Properties presently has an average rating of "Moderate Buy" and an average target price of $23.27.

Healthpeak Properties Stock Up 0.1%

NYSE:DOC traded up $0.02 on Thursday, reaching $17.03. 5,383,938 shares of the stock traded hands, compared to its average volume of 5,200,562. The company has a market capitalization of $11.83 billion, a price-to-earnings ratio of 42.59, a PEG ratio of 1.94 and a beta of 1.04. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.01. Healthpeak Properties, Inc. has a 12 month low of $16.64 and a 12 month high of $23.26. The company's fifty day simple moving average is $17.64 and its 200 day simple moving average is $19.33.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $702.89 million during 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 firm's revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 EPS. Equities analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

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

Insider Activity

In related news, CEO Scott M. Brinker bought 11,337 shares of the stock in a transaction on Monday, April 28th. The shares were acquired at an average price of $17.68 per share, for a total transaction of $200,438.16. Following the purchase, the chief executive officer now owns 201,863 shares of the company's stock, valued at approximately $3,568,937.84. The trade was a 5.95% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Tommy G. Thompson purchased 5,700 shares of Healthpeak Properties stock in a transaction dated Friday, May 9th. The stock was bought at an average price of $17.36 per share, with a total value of $98,952.00. Following the completion of the purchase, the director now directly owns 138,513 shares of the company's stock, valued at approximately $2,404,585.68. This trade represents a 4.29% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 29,764 shares of company stock valued at $521,909 over the last ninety days. 0.23% of the stock is currently owned by corporate insiders.

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.