National Bank of Canada FI Decreases Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

National Bank of Canada FI trimmed its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 68.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 527,921 shares of the real estate investment trust's stock after selling 1,158,144 shares during the quarter. National Bank of Canada FI owned approximately 0.08% of Healthpeak Properties worth $10,679,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of 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 valued at $350,021,000 after purchasing an additional 1,651,235 shares during the last quarter. Centersquare Investment Management LLC lifted its holdings in shares of Healthpeak Properties by 18.5% during the first quarter. Centersquare Investment Management LLC now owns 13,285,932 shares of the real estate investment trust's stock valued at $268,642,000 after purchasing an additional 2,070,416 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Healthpeak Properties by 32.6% during the fourth quarter. Northern Trust Corp now owns 10,526,223 shares of the real estate investment trust's stock valued at $213,367,000 after purchasing an additional 2,590,530 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Healthpeak Properties by 0.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,238,001 shares of the real estate investment trust's stock valued at $207,012,000 after purchasing an additional 84,551 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Healthpeak Properties by 0.3% during the first quarter. Deutsche Bank AG now owns 8,482,898 shares of the real estate investment trust's stock valued at $171,524,000 after purchasing an additional 23,136 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on DOC. Wedbush lowered their target price on shares of 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 decreased their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Wall Street Zen lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Monday, July 7th. Argus restated a "buy" rating and issued a $25.00 price objective on shares of Healthpeak Properties in a report on Tuesday, April 29th. Finally, Robert W. Baird set a $21.00 price objective on shares of Healthpeak Properties and gave the stock an "outperform" rating in a report on Wednesday, July 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $23.00.

Insider Buying and Selling at Healthpeak Properties

In other news, CEO Scott M. Brinker bought 2,930 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was bought at an average price of $17.06 per share, with a total value of $49,985.80. Following the acquisition, the chief executive officer owned 210,416 shares of the company's stock, valued at approximately $3,589,696.96. This represents a 1.41% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Tommy G. Thompson bought 5,777 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The stock was purchased at an average cost of $17.27 per share, with a total value of $99,768.79. Following the acquisition, the director directly owned 144,290 shares in the company, valued at $2,491,888.30. This trade represents a 4.17% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 14,560 shares of company stock valued at $249,898 in the last ninety days. 0.23% of the stock is currently owned by insiders.

Healthpeak Properties Stock Performance

NYSE:DOC traded up $0.28 during trading hours on Friday, reaching $17.32. The company had a trading volume of 6,201,670 shares, compared to its average volume of 8,335,443. Healthpeak Properties, Inc. has a 52 week low of $16.63 and a 52 week high of $23.26. The firm's 50 day moving average price is $17.64 and its 200-day moving average price is $18.48. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.06. The firm has a market cap of $12.04 billion, a price-to-earnings ratio of 72.17, a PEG ratio of 2.21 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.46. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. The firm had revenue of $694.35 million during the quarter, compared to the consensus estimate of $697.14 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The company's revenue for the quarter was down .2% compared to the same quarter last year. On average, analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, August 29th. Investors of record on Tuesday, August 19th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a yield of 705.0%. Healthpeak Properties's dividend payout ratio is currently 508.33%.

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.