Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by Oxbow Advisors LLC

Oxbow Advisors LLC raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 3.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 393,621 shares of the real estate investment trust's stock after purchasing an additional 14,605 shares during the quarter. Healthpeak Properties accounts for approximately 0.8% of Oxbow Advisors LLC's investment portfolio, making the stock its 28th largest holding. Oxbow Advisors LLC owned approximately 0.06% of Healthpeak Properties worth $7,959,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of Healthpeak Properties by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust's stock valued at $371,168,000 after acquiring an additional 638,012 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Healthpeak Properties by 10.6% in 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 acquiring an additional 1,651,235 shares in the last quarter. Centersquare Investment Management LLC raised its holdings in shares of Healthpeak Properties by 3.7% in the fourth quarter. Centersquare Investment Management LLC now owns 11,215,516 shares of the real estate investment trust's stock valued at $227,339,000 after acquiring an additional 398,770 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Healthpeak Properties by 32.6% in 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 acquiring an additional 2,590,530 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Healthpeak Properties in the fourth quarter valued at about $166,804,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Stock Up 0.2%

Shares of DOC stock traded up $0.03 during trading hours on Wednesday, reaching $18.26. 4,948,593 shares of the company's stock were exchanged, compared to its average volume of 5,360,873. Healthpeak Properties, Inc. has a 1 year low of $16.64 and a 1 year high of $23.26. The stock has a market cap of $12.69 billion, a PE ratio of 45.65, a PEG 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. The stock's fifty day moving average price is $17.53 and its two-hundred day moving average price is $18.93.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting 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 the consensus estimate of $690.76 million. During the same quarter in the prior year, the company earned $0.45 EPS. Healthpeak Properties's quarterly revenue was up 15.9% on a year-over-year basis. Research analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 19th will be issued a $0.1017 dividend. The ex-dividend date is Friday, September 19th. This represents a $1.22 annualized dividend and a yield of 6.68%. Healthpeak Properties's dividend payout ratio (DPR) is presently 305.00%.

Insider Buying and Selling

In related news, Director John T. Thomas acquired 4,200 shares of the stock in a transaction on Monday, April 28th. The shares were acquired at an average price of $17.84 per share, for a total transaction of $74,928.00. Following the transaction, the director owned 813,566 shares in the company, valued at approximately $14,514,017.44. This trade represents a 0.52% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Scott M. Brinker acquired 11,337 shares of the stock in a transaction on Monday, April 28th. The stock was bought at an average price of $17.68 per share, for a total transaction of $200,438.16. Following the transaction, the chief executive officer owned 201,863 shares in the company, valued at approximately $3,568,937.84. This represents a 5.95% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 29,764 shares of company stock worth $521,909. 0.23% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DOC. Scotiabank decreased their price objective 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. Evercore ISI reduced their target price 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. Wedbush reduced 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. Argus reiterated a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a report on Tuesday, April 29th. Finally, Wells Fargo & Company reduced their target price on shares of Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating for the company in a 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 issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average 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.