Mirae Asset Global Investments Co. Ltd. Boosts Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 13.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,507 shares of the real estate investment trust's stock after acquiring an additional 15,009 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Healthpeak Properties were worth $2,534,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Illinois Municipal Retirement Fund grew its stake in Healthpeak Properties by 131.7% during the first quarter. Illinois Municipal Retirement Fund now owns 514,791 shares of the real estate investment trust's stock worth $10,409,000 after buying an additional 292,630 shares in the last quarter. MFG Wealth Management Inc. boosted its position in Healthpeak Properties by 1.2% during the 1st quarter. MFG Wealth Management Inc. now owns 125,119 shares of the real estate investment trust's stock worth $2,530,000 after buying an additional 1,496 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in shares of Healthpeak Properties by 9.0% in the first quarter. Robeco Institutional Asset Management B.V. now owns 698,940 shares of the real estate investment trust's stock worth $14,133,000 after purchasing an additional 57,985 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Healthpeak Properties by 11.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 89,158 shares of the real estate investment trust's stock valued at $1,803,000 after buying an additional 9,019 shares during the last quarter. Finally, S.A. Mason LLC raised its position in shares of Healthpeak Properties by 160.9% during the first quarter. S.A. Mason LLC now owns 1,500 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 925 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on DOC shares. 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 research report on Tuesday, April 29th. Argus restated a "buy" rating and set a $25.00 price objective on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Wall Street Zen upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Sunday, June 29th. Scotiabank decreased 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. Finally, Evercore ISI lowered their price objective on Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties currently has an average rating of "Moderate Buy" and a consensus target price of $23.27.

Insiders Place Their Bets

In other Healthpeak Properties news, CEO Scott M. Brinker purchased 2,750 shares of the stock in a transaction on Friday, May 9th. The stock was acquired at an average price of $17.39 per share, with a total value of $47,822.50. Following the transaction, the chief executive officer directly owned 204,613 shares of the company's stock, valued at approximately $3,558,220.07. This trade represents a 1.36% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Tommy G. Thompson acquired 5,777 shares of the business's stock in a transaction dated Wednesday, May 28th. The stock was acquired at an average price of $17.27 per share, for a total transaction of $99,768.79. Following the completion of the transaction, the director owned 144,290 shares in the company, valued at approximately $2,491,888.30. The trade was a 4.17% increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 29,764 shares of company stock valued at $521,909 in the last quarter. Insiders own 0.23% of the company's stock.

Healthpeak Properties Trading Down 0.4%

Shares of DOC traded down $0.07 during trading hours on Friday, hitting $18.25. The company had a trading volume of 5,546,828 shares, compared to its average volume of 5,320,639. Healthpeak Properties, Inc. has a 52-week low of $16.64 and a 52-week high of $23.26. 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 price is $17.42 and its 200 day moving average price is $19.03. The firm has a market cap of $12.68 billion, a P/E ratio of 45.61, a P/E/G ratio of 2.08 and a beta of 1.03.

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, meeting the consensus estimate of $0.46. The firm had revenue of $702.89 million during the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a return on equity of 3.06% and a net margin of 9.99%. The business's revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 earnings per share. On average, research analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th were given a dividend of $0.1017 per share. The ex-dividend date was Monday, May 19th. This represents a yield of 7.05%. Healthpeak Properties's 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.