Keybank National Association OH Grows Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Keybank National Association OH raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 19.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,112,499 shares of the real estate investment trust's stock after purchasing an additional 178,009 shares during the period. Keybank National Association OH owned 0.16% of Healthpeak Properties worth $22,495,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of DOC. Norges Bank acquired a new stake in shares of Healthpeak Properties in the 4th quarter valued at approximately $166,804,000. Resolution Capital Ltd acquired a new stake in Healthpeak Properties during the 4th quarter worth approximately $122,795,000. Long Pond Capital LP acquired a new stake in Healthpeak Properties during the 4th quarter worth approximately $86,885,000. Northern Trust Corp raised its holdings in 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 buying an additional 2,590,530 shares during the period. Finally, National Bank of Canada FI raised its holdings in 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 buying an additional 1,683,066 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Healthpeak Properties

In other news, CEO Scott M. Brinker acquired 11,337 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were purchased at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the transaction, the chief executive officer directly owned 201,863 shares of the company's stock, valued at approximately $3,568,937.84. This trade represents a 5.95% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John T. Thomas acquired 4,200 shares of the firm's stock in a transaction dated 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 transaction, the director directly owned 813,566 shares in the company, valued at approximately $14,514,017.44. This trade represents a 0.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 29,764 shares of company stock worth $521,909 over the last quarter. Company insiders own 0.23% of the company's stock.

Healthpeak Properties Trading Down 0.4%

Shares of DOC stock traded down $0.07 during mid-day trading on Friday, reaching $18.25. The stock had a trading volume of 5,546,828 shares, compared to its average volume of 5,331,883. The stock's 50-day moving average price is $17.42 and its two-hundred day moving average price is $19.02. Healthpeak Properties, Inc. has a 52-week low of $16.64 and a 52-week high of $23.26. The firm has a market capitalization of $12.68 billion, a PE ratio of 45.61, a price-to-earnings-growth ratio of 2.08 and a beta of 1.03. 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 (NYSE:DOC - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. Healthpeak Properties had a net margin of 9.99% and a return on equity of 3.06%. The company had revenue of $702.89 million for the quarter, compared to analysts' expectations of $690.76 million. During the same quarter in the previous year, the company earned $0.45 earnings per share. Healthpeak Properties's quarterly revenue was up 15.9% on a year-over-year basis. Equities analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on DOC shares. Argus reissued a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Scotiabank dropped their target price on Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating for the company in a report on Monday, May 12th. Wall Street Zen raised Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Sunday, June 29th. Wedbush decreased 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 Monday, April 28th. Finally, Robert W. Baird decreased 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. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.27.

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.