Vert Asset Management LLC Has $6.57 Million Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Vert Asset Management LLC boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 6.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 325,143 shares of the real estate investment trust's stock after acquiring an additional 20,924 shares during the quarter. Healthpeak Properties accounts for about 2.3% of Vert Asset Management LLC's investment portfolio, making the stock its 17th biggest position. Vert Asset Management LLC's holdings in Healthpeak Properties were worth $6,574,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DOC. Mizuho Bank Ltd. acquired a new position in shares of Healthpeak Properties in the 4th quarter worth approximately $28,000. Harvest Fund Management Co. Ltd bought a new stake in Healthpeak Properties in the fourth quarter valued at $30,000. Future Financial Wealth Managment LLC acquired a new position in Healthpeak Properties during the first quarter worth $30,000. Covestor Ltd lifted its holdings in shares of Healthpeak Properties by 173.8% during the fourth quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 1,152 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in shares of Healthpeak Properties in the 4th quarter valued at $45,000. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Trading Down 0.1%

Shares of DOC traded down $0.01 during trading hours on Thursday, hitting $17.50. 4,492,722 shares of the stock traded hands, compared to its average volume of 5,162,458. The business has a fifty day moving average of $17.75 and a 200-day moving average of $19.50. The firm has a market capitalization of $12.16 billion, a PE ratio of 50.00, a price-to-earnings-growth ratio of 2.17 and a beta of 1.04. Healthpeak Properties, Inc. has a 1-year low of $16.64 and a 1-year high of $23.26. 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 (NYSE:DOC - Get Free Report) last released its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates 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 9.00% and a return on equity of 2.61%. The company's revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 EPS. Analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

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

Insider Activity

In other news, CEO Scott M. Brinker acquired 11,337 shares of the stock in a transaction that occurred on Monday, April 28th. The stock was acquired at an average price of $17.68 per share, for a total transaction of $200,438.16. Following the transaction, the chief executive officer now directly owns 201,863 shares in the company, valued at approximately $3,568,937.84. This represents a 5.95% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Tommy G. Thompson purchased 5,777 shares of the stock in a transaction on Wednesday, May 28th. The stock was acquired at an average price of $17.27 per share, with a total value of $99,768.79. Following the completion of the acquisition, the director now directly owns 144,290 shares of the company's stock, valued at approximately $2,491,888.30. This represents a 4.17% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 29,764 shares of company stock valued at $521,909 in the last 90 days. 0.23% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DOC shares. Scotiabank cut their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating for the company in a report on Monday, May 12th. Robert W. Baird cut their target price on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. Evercore ISI reduced their target price on Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Wedbush dropped 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. Finally, Argus reiterated a "buy" rating and issued a $25.00 price objective on shares of Healthpeak Properties in a research report on Tuesday, April 29th. 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 stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price 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.