Sophron Capital Management L.P. Takes $4.66 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

Sophron Capital Management L.P. acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 229,940 shares of the real estate investment trust's stock, valued at approximately $4,661,000. Healthpeak Properties accounts for 1.8% of Sophron Capital Management L.P.'s holdings, making the stock its 25th largest position.

Several other large investors have also recently modified their holdings of the stock. AdvisorNet Financial Inc increased its stake in shares of Healthpeak Properties by 34.5% during the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 563 shares during the period. Townsquare Capital LLC lifted its holdings in Healthpeak Properties by 5.9% in the fourth quarter. Townsquare Capital LLC now owns 10,461 shares of the real estate investment trust's stock worth $212,000 after buying an additional 584 shares during the period. Exchange Traded Concepts LLC lifted its holdings in Healthpeak Properties by 10.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust's stock worth $133,000 after buying an additional 598 shares during the period. Huntington National Bank lifted its holdings in Healthpeak Properties by 3.0% in the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust's stock worth $422,000 after buying an additional 613 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its holdings in Healthpeak Properties by 4.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust's stock worth $337,000 after buying an additional 700 shares during the period. Hedge funds and other institutional investors own 93.57% of the company's stock.

Insider Buying and Selling at Healthpeak Properties

In other Healthpeak Properties news, Director John T. Thomas bought 4,200 shares of Healthpeak Properties stock in a transaction on Monday, April 28th. The stock was acquired at an average cost of $17.84 per share, with a total value of $74,928.00. Following the completion of the acquisition, the director now owns 813,566 shares in the company, valued at approximately $14,514,017.44. This represents a 0.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Scott M. Brinker bought 11,337 shares of Healthpeak Properties stock in a transaction on Monday, April 28th. The shares were acquired at an average cost of $17.68 per share, with a total value of $200,438.16. Following the completion of the acquisition, the chief executive officer now owns 201,863 shares of the company's stock, 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. Over the last ninety days, insiders acquired 23,987 shares of company stock valued at $422,141. Insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Performance

Shares of DOC stock traded up $0.04 on Friday, reaching $16.86. The stock had a trading volume of 5,878,293 shares, compared to its average volume of 5,071,131. The stock has a market cap of $11.71 billion, a P/E ratio of 48.17, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. Healthpeak Properties, Inc. has a 1 year low of $16.64 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. The company has a 50 day simple moving average of $18.46 and a 200 day simple moving average of $19.90.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.46. The firm had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The company's revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the business posted $0.45 EPS. Equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th will be issued a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a yield of 7.05%. Healthpeak Properties's dividend payout ratio is currently 305.00%.

Analyst Ratings Changes

Several analysts have commented on the stock. Wedbush lowered their price objective 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 set a $25.00 price objective on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Scotiabank cut their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating on the stock in a report on Monday, May 12th. Evercore ISI cut their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Finally, Robert W. Baird cut their price target on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. One equities 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 data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.45.

Healthpeak Properties Company 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.