Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 10.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 17,267,917 shares of the real estate investment trust's stock after purchasing an additional 1,651,235 shares during the quarter. Healthpeak Properties accounts for 1.3% of Fuller & Thaler Asset Management Inc.'s holdings, making the stock its 6th biggest holding. Fuller & Thaler Asset Management Inc. owned approximately 2.47% of Healthpeak Properties worth $350,021,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of 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 buying an additional 4,056,931 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Healthpeak Properties by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust's stock worth $371,168,000 after buying an additional 638,012 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Healthpeak Properties by 2,113.5% in the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust's stock worth $367,575,000 after buying an additional 17,314,572 shares during the period. Centersquare Investment Management LLC lifted its holdings in shares of Healthpeak Properties by 3.7% in the 4th quarter. Centersquare Investment Management LLC now owns 11,215,516 shares of the real estate investment trust's stock worth $227,339,000 after buying an additional 398,770 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Healthpeak Properties by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,153,450 shares of the real estate investment trust's stock worth $205,810,000 after buying an additional 53,392 shares during the period. Hedge funds and other institutional investors own 93.57% of the company's stock.

Healthpeak Properties Stock Performance

DOC stock traded down $0.23 during trading on Monday, reaching $17.60. The company had a trading volume of 2,347,742 shares, compared to its average volume of 5,111,869. The firm has a 50-day simple moving average of $19.57 and a 200-day simple moving average of $20.56. The company has a market cap of $12.31 billion, a price-to-earnings ratio of 50.30, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. Healthpeak Properties, Inc. has a twelve month low of $17.33 and a twelve month high of $23.26.

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

Healthpeak Properties Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be paid a dividend of $0.1017 per share. This represents a yield of 6.5%. The ex-dividend date of this dividend is Thursday, April 17th. Healthpeak Properties's payout ratio is 305.00%.

Analysts Set New Price Targets

Several brokerages have weighed in on DOC. Scotiabank lowered their target price on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. Wedbush reduced their price target on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research report on Monday. StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, April 23rd. Evercore ISI reduced their price target on Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday. Finally, Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target for the company in a research report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.