Two Sigma Advisers LP Invests $5.69 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Two Sigma Advisers LP purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 280,764 shares of the real estate investment trust's stock, valued at approximately $5,691,000.

Several other institutional investors also recently bought and sold shares of the business. Mizuho Bank Ltd. acquired a new stake in Healthpeak Properties in the 4th quarter valued at $28,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Healthpeak Properties in the 4th quarter worth approximately $30,000. Covestor Ltd lifted its position in Healthpeak Properties by 173.8% in the fourth quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,152 shares during the period. Kestra Investment Management LLC acquired a new stake in Healthpeak Properties in the fourth quarter worth approximately $45,000. Finally, Kapitalo Investimentos Ltda acquired a new position in Healthpeak Properties in the fourth quarter worth approximately $46,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DOC. Scotiabank lowered their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating on the stock in a research report on Monday, May 12th. Argus restated a "buy" rating and set a $25.00 price objective on shares of Healthpeak Properties in a report on Tuesday, April 29th. Evercore ISI reduced their price target 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. Wedbush cut their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Finally, Wall Street Zen downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.45.

Insider Buying and Selling at Healthpeak Properties

In other news, Director Tommy G. Thompson acquired 5,700 shares of Healthpeak Properties stock in a transaction on Friday, May 9th. The stock was bought at an average price of $17.36 per share, for a total transaction of $98,952.00. Following the completion of the purchase, the director now owns 138,513 shares in the company, valued at $2,404,585.68. This represents a 4.29% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John T. Thomas acquired 4,200 shares of the firm's stock in a transaction dated Monday, April 28th. The stock was purchased 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 directly owns 813,566 shares of the company's stock, valued at approximately $14,514,017.44. This trade represents a 0.52% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 29,764 shares of company stock worth $521,909 over the last ninety days. Corporate insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Performance

Healthpeak Properties stock traded down $0.10 during mid-day trading on Friday, hitting $17.43. The company had a trading volume of 1,189,146 shares, compared to its average volume of 5,499,875. 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 12-month low of $16.64 and a 12-month high of $23.26. The company's fifty day moving average is $18.22 and its 200-day moving average is $19.75. The company has a market capitalization of $12.11 billion, a price-to-earnings ratio of 49.79, a P/E/G ratio of 2.17 and a beta of 1.05.

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, hitting analysts' consensus estimates of $0.46. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The business had revenue of $702.89 million during the quarter, compared to the consensus estimate of $690.76 million. During the same quarter last year, the firm earned $0.45 EPS. The business's revenue was up 15.9% compared to the same quarter last year. Equities 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 dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th will be paid a $0.1017 dividend. This represents a yield of 7.05%. The ex-dividend date is Monday, May 19th. Healthpeak Properties's dividend payout ratio is presently 305.00%.

Healthpeak Properties 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.