17,939 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by FJ Capital Management LLC

FJ Capital Management LLC acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,939 shares of the real estate investment trust's stock, valued at approximately $364,000.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock valued at $493,115,000 after buying an additional 4,056,931 shares in the last quarter. Vert Asset Management LLC lifted its stake in Healthpeak Properties by 11.1% during the fourth quarter. Vert Asset Management LLC now owns 304,219 shares of the real estate investment trust's stock valued at $6,167,000 after buying an additional 30,461 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Healthpeak Properties by 25.7% during the fourth 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 buying an additional 22,300 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Healthpeak Properties by 16.6% during the fourth 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 buying an additional 15,753 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in Healthpeak Properties during the third quarter valued at about $18,736,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Healthpeak Properties

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

Healthpeak Properties Stock Up 0.6%

NYSE:DOC traded up $0.11 during mid-day trading on Friday, reaching $17.50. The stock had a trading volume of 4,245,778 shares, compared to its average volume of 4,952,796. The business's 50 day moving average is $19.08 and its 200 day moving average is $20.22. Healthpeak Properties, Inc. has a fifty-two week low of $17.21 and a fifty-two week high of $23.26. The stock has a market cap of $12.16 billion, a P/E ratio of 50.00, a PEG ratio of 2.17 and a beta of 1.05. 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 (NYSE:DOC - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts' consensus estimates of $0.46. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The firm had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The firm's revenue was up 15.9% on a year-over-year basis. 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 business also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th were issued a dividend of $0.1017 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties's dividend payout ratio (DPR) is presently 305.00%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DOC. StockNews.com downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Argus reiterated a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a report on Tuesday, April 29th. Evercore ISI dropped 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 target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Finally, Robert W. Baird dropped their target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $23.42.

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.