Lansforsakringar Fondforvaltning AB publ Buys Shares of 237,079 Healthpeak Properties, Inc. (NYSE:DOC)

Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 237,079 shares of the real estate investment trust's stock, valued at approximately $4,806,000.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in 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 buying an additional 4,056,931 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Healthpeak Properties by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust's stock worth $371,168,000 after acquiring an additional 638,012 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Healthpeak Properties by 2,113.5% in the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust's stock worth $367,575,000 after acquiring an additional 17,314,572 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in Healthpeak Properties by 10.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 17,267,917 shares of the real estate investment trust's stock worth $350,021,000 after buying an additional 1,651,235 shares in the last quarter. Finally, Centersquare Investment Management LLC boosted its stake in Healthpeak Properties by 3.7% in the 4th quarter. Centersquare Investment Management LLC now owns 11,215,516 shares of the real estate investment trust's stock worth $227,339,000 after purchasing an additional 398,770 shares during the period. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on DOC shares. Wall Street Zen downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Wedbush decreased their price target 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. Argus restated a "buy" rating and issued a $25.00 price target on shares of Healthpeak Properties in a research report on Tuesday, April 29th. Robert W. Baird decreased 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, Scotiabank cut their price target 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 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. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $23.45.

Insider Activity at Healthpeak Properties

In other Healthpeak Properties news, Director Tommy G. Thompson acquired 5,777 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The shares were acquired at an average price of $17.27 per share, with a total value of $99,768.79. Following the completion of the purchase, the director now directly owns 144,290 shares of the company's stock, valued at approximately $2,491,888.30. The trade was a 4.17% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Scott M. Brinker acquired 2,750 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were acquired at an average cost of $17.39 per share, for a total transaction of $47,822.50. Following the purchase, the chief executive officer now directly owns 204,613 shares of the company's stock, valued at $3,558,220.07. This represents a 1.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have bought 29,764 shares of company stock worth $521,909. Company insiders own 0.23% of the company's stock.

Healthpeak Properties Trading Down 0.6%

Healthpeak Properties stock traded down $0.11 during mid-day trading on Friday, hitting $17.41. 9,932,437 shares of the stock were exchanged, compared to its average volume of 5,144,322. The firm's fifty day simple moving average is $18.16 and its two-hundred day simple moving average is $19.72. The stock has a market capitalization 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 has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 12 month low of $16.64 and a 12 month high of $23.26.

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 EPS for the quarter, meeting analysts' consensus estimates of $0.46. The business had revenue of $702.89 million during the quarter, compared to analyst estimates of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. Healthpeak Properties's quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. Analysts forecast 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 will be paid on Friday, May 30th. Investors of record on Tuesday, May 20th will be paid a $0.1017 dividend. This represents a yield of 7.05%. The ex-dividend date is Monday, May 19th. Healthpeak Properties's dividend payout ratio is currently 305.00%.

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.