Squarepoint Ops LLC Has $9 Million Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Squarepoint Ops LLC boosted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 110.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 443,912 shares of the real estate investment trust's stock after acquiring an additional 232,740 shares during the period. Squarepoint Ops LLC owned 0.06% of Healthpeak Properties worth $8,998,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Twinbeech Capital LP acquired a new stake in shares of Healthpeak Properties in the fourth quarter worth $3,800,000. Two Sigma Advisers LP acquired a new stake in shares of Healthpeak Properties during the fourth quarter valued at about $5,691,000. State of Wyoming increased its position in shares of Healthpeak Properties by 113.6% during the fourth quarter. State of Wyoming now owns 9,153 shares of the real estate investment trust's stock valued at $186,000 after acquiring an additional 4,867 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of Healthpeak Properties by 32.3% in the fourth quarter. Toronto Dominion Bank now owns 463,115 shares of the real estate investment trust's stock valued at $9,387,000 after purchasing an additional 113,182 shares in the last quarter. Finally, Systematic Financial Management LP grew its holdings in shares of Healthpeak Properties by 3.7% in the fourth quarter. Systematic Financial Management LP now owns 1,472,448 shares of the real estate investment trust's stock valued at $29,847,000 after purchasing an additional 52,061 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company's stock.

Insider Transactions at Healthpeak Properties

In other Healthpeak Properties news, Director Tommy G. Thompson acquired 5,700 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average price of $17.36 per share, with a total value of $98,952.00. Following the completion of the transaction, the director now owns 138,513 shares in the company, valued at $2,404,585.68. The trade was a 4.29% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Scott M. Brinker acquired 11,337 shares of the business's stock in a transaction that occurred on Monday, April 28th. The shares were acquired at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the transaction, the chief executive officer now owns 201,863 shares of the company's stock, 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. Insiders purchased 29,764 shares of company stock valued at $521,909 over the last three months. 0.23% of the stock is owned by corporate insiders.

Healthpeak Properties Price Performance

DOC traded down $0.05 on Thursday, reaching $17.37. The company had a trading volume of 2,170,239 shares, compared to its average volume of 5,104,254. The company has a fifty day moving average of $18.28 and a 200-day moving average of $19.79. The company has a market capitalization of $12.06 billion, a P/E ratio of 49.59, a PEG ratio of 2.17 and a beta of 1.05. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a one year low of $16.64 and a one year high of $23.26.

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

Healthpeak Properties Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th will be given a $0.1017 dividend. This represents a dividend yield of 7.05%. The ex-dividend date is Monday, May 19th. Healthpeak Properties's dividend payout ratio (DPR) is 305.00%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. 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. Wall Street Zen downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Argus restated a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a report on Tuesday, April 29th. Wedbush decreased 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 note on Monday, April 28th. Finally, Evercore ISI reduced their target price on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target 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.