First Trust Advisors LP Purchases 333,998 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

First Trust Advisors LP raised its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 231.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 478,098 shares of the real estate investment trust's stock after acquiring an additional 333,998 shares during the period. First Trust Advisors LP owned 0.07% of Healthpeak Properties worth $9,691,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock worth $493,115,000 after purchasing an additional 4,056,931 shares during the last quarter. Diamant Asset Management Inc. bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $564,000. Vert Asset Management LLC grew its holdings in Healthpeak Properties by 11.1% in the 4th quarter. Vert Asset Management LLC now owns 304,219 shares of the real estate investment trust's stock worth $6,167,000 after buying an additional 30,461 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Healthpeak Properties by 25.7% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 109,200 shares of the real estate investment trust's stock valued at $2,213,000 after acquiring an additional 22,300 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Healthpeak Properties by 16.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 110,498 shares of the real estate investment trust's stock valued at $2,217,000 after acquiring an additional 15,753 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Price Performance

Shares of DOC traded up $0.01 during trading hours on Friday, hitting $17.79. 5,480,379 shares of the company were exchanged, compared to its average volume of 4,913,319. The firm has a fifty day simple moving average of $19.37 and a 200-day simple moving average of $20.40. The company has a market capitalization of $12.36 billion, a PE ratio of 50.83, a PEG ratio of 2.17 and a beta of 1.02. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. Healthpeak Properties, Inc. has a one year low of $17.33 and a one year high of $23.26.

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 for the quarter, meeting analysts' consensus estimates of $0.46. The business had revenue of $702.89 million during the quarter, compared to analyst estimates of $690.76 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. Healthpeak Properties's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the company posted $0.45 EPS. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 18th were paid a $0.1017 dividend. This represents a yield of 6.5%. The ex-dividend date was Thursday, April 17th. Healthpeak Properties's dividend payout ratio is 305.00%.

Insider Buying and Selling

In other Healthpeak Properties news, Director John T. Thomas bought 4,200 shares of the stock in a transaction on Monday, April 28th. The shares were bought at an average price of $17.84 per share, with a total value of $74,928.00. Following the purchase, the director now directly owns 813,566 shares in the company, valued at $14,514,017.44. The trade was a 0.52 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Scott M. Brinker purchased 11,337 shares of Healthpeak Properties stock in a transaction dated Monday, April 28th. The stock was bought at an average cost of $17.68 per share, with a total value of $200,438.16. Following the completion of the transaction, the chief executive officer now directly owns 201,863 shares of the company's stock, valued at $3,568,937.84. This represents a 5.95 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.23% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on DOC. Argus reissued a "buy" rating and issued a $25.00 price target on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Wedbush lowered their target price on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Evercore ISI reduced their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Scotiabank lowered their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a research note on Friday, February 28th. Finally, StockNews.com downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $23.42.

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.