Hsbc Holdings PLC Has $44.12 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

Hsbc Holdings PLC grew its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 6.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,179,288 shares of the real estate investment trust's stock after buying an additional 136,422 shares during the quarter. Hsbc Holdings PLC owned approximately 0.31% of Healthpeak Properties worth $44,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc lifted its position in shares of Healthpeak Properties by 34.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after buying an additional 563 shares during the last quarter. Townsquare Capital LLC lifted its holdings in Healthpeak Properties by 5.9% in the 4th quarter. Townsquare Capital LLC now owns 10,461 shares of the real estate investment trust's stock worth $212,000 after purchasing an additional 584 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in Healthpeak Properties by 10.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust's stock worth $133,000 after purchasing an additional 598 shares during the period. Huntington National Bank boosted its position in Healthpeak Properties by 3.0% during the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust's stock worth $422,000 after purchasing an additional 613 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. grew its holdings in Healthpeak Properties by 4.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust's stock valued at $337,000 after purchasing an additional 700 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on DOC. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, April 23rd. Wedbush dropped their price objective on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday. Argus restated a "buy" rating and set a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday. Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target on the stock in a research report on Wednesday, January 15th. Finally, Evercore ISI dropped their target price 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.42.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock traded down $0.10 during mid-day trading on Wednesday, reaching $17.66. 3,737,098 shares of the stock were exchanged, compared to its average volume of 5,186,057. Healthpeak Properties, Inc. has a fifty-two week low of $17.33 and a fifty-two week high of $23.26. The company has a market cap of $12.35 billion, a price-to-earnings ratio of 50.46, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The firm has a 50-day simple moving average of $19.49 and a 200 day simple moving average of $20.51. 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 posted its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The company had revenue of $702.89 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $0.45 earnings per share. On average, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

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 $0.1017 dividend. This represents a yield of 6.5%. The ex-dividend date is Thursday, April 17th. Healthpeak Properties's dividend payout ratio is currently 305.00%.

Insider Transactions at Healthpeak Properties

In related news, CEO Scott M. Brinker bought 11,337 shares of Healthpeak Properties stock in a transaction dated Monday, April 28th. The shares were bought at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the completion of the transaction, the chief executive officer now owns 201,863 shares of the company's stock, valued at approximately $3,568,937.84. This trade represents a 5.95 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John T. Thomas purchased 4,200 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were bought at an average cost of $17.84 per share, for a total transaction of $74,928.00. Following the completion of the purchase, the director now directly owns 813,566 shares of the company's stock, valued at $14,514,017.44. The trade was a 0.52 % 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.

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.