SG Americas Securities LLC Takes $526,000 Position in Healthpeak Properties, Inc. (NYSE:DOC)

SG Americas Securities LLC acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 25,996 shares of the real estate investment trust's stock, valued at approximately $526,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ibex Wealth Advisors acquired a new stake in shares of Healthpeak Properties during the first quarter worth $5,056,000. Accurate Wealth Management LLC raised its position in Healthpeak Properties by 18.0% during the 1st quarter. Accurate Wealth Management LLC now owns 14,499 shares of the real estate investment trust's stock worth $293,000 after buying an additional 2,210 shares during the last quarter. Cetera Trust Company N.A raised its position in Healthpeak Properties by 18.8% during the 1st quarter. Cetera Trust Company N.A now owns 11,350 shares of the real estate investment trust's stock worth $229,000 after buying an additional 1,800 shares during the last quarter. Vert Asset Management LLC lifted its stake in shares of Healthpeak Properties by 6.9% in the 1st quarter. Vert Asset Management LLC now owns 325,143 shares of the real estate investment trust's stock worth $6,574,000 after acquiring an additional 20,924 shares during the period. Finally, Park Avenue Securities LLC boosted its holdings in shares of Healthpeak Properties by 27.3% in the first quarter. Park Avenue Securities LLC now owns 31,453 shares of the real estate investment trust's stock valued at $636,000 after acquiring an additional 6,753 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DOC shares. Scotiabank reduced 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 research report on Monday, May 12th. Wedbush reduced their price target on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Wall Street Zen downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Saturday, June 21st. Wells Fargo & Company cut their price objective on Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating for the company in a research report on Monday, June 2nd. Finally, Evercore ISI reduced their target price on Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a report on Monday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given 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 price target of $23.27.

Insider Transactions at Healthpeak Properties

In other news, Director Tommy G. Thompson acquired 5,777 shares of Healthpeak Properties 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 owns 144,290 shares of the company's stock, valued at approximately $2,491,888.30. This represents a 4.17% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Scott M. Brinker purchased 11,337 shares of the business's stock in a transaction on Monday, April 28th. The stock was acquired at an average price of $17.68 per share, with a total value of $200,438.16. Following the completion of the acquisition, the chief executive officer now directly owns 201,863 shares in the company, valued at $3,568,937.84. The trade was a 5.95% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 29,764 shares of company stock valued at $521,909 over the last three months. 0.23% of the stock is currently owned by insiders.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock traded up $0.18 on Thursday, hitting $17.49. The company's stock had a trading volume of 7,597,521 shares, compared to its average volume of 5,241,972. The company has a market capitalization of $12.15 billion, a P/E ratio of 43.74, a price-to-earnings-growth ratio of 1.97 and a beta of 1.04. Healthpeak Properties, Inc. has a 52-week low of $16.64 and a 52-week high of $23.26. The firm has a fifty day moving average price of $17.50 and a 200-day moving average price of $19.16. The company has a quick ratio of 1.35, a current 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. The company had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a net margin of 9.99% and a return on equity of 3.06%. The company's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 earnings per share. On average, equities research 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 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. This represents a yield of 7.05%. The ex-dividend date was Monday, May 19th. Healthpeak Properties's payout ratio is 305.00%.

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.