Measured Risk Portfolios Inc. Invests $1.62 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Measured Risk Portfolios Inc. bought a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 79,888 shares of the real estate investment trust's stock, valued at approximately $1,619,000. Healthpeak Properties comprises about 1.7% of Measured Risk Portfolios Inc.'s investment portfolio, making the stock its 28th biggest holding.

Several other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Healthpeak Properties by 23.2% in the third 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. Geode Capital Management LLC raised its position in Healthpeak Properties by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust's stock valued at $371,168,000 after purchasing an additional 638,012 shares during the period. Principal Financial Group Inc. raised its position in Healthpeak Properties by 2,113.5% during the fourth quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust's stock valued at $367,575,000 after purchasing an additional 17,314,572 shares during the period. Fuller & Thaler Asset Management Inc. grew its stake in shares of Healthpeak Properties by 10.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 17,267,917 shares of the real estate investment trust's stock valued at $350,021,000 after buying an additional 1,651,235 shares during the last quarter. Finally, Centersquare Investment Management LLC grew its stake in shares of Healthpeak Properties by 3.7% during the fourth quarter. Centersquare Investment Management LLC now owns 11,215,516 shares of the real estate investment trust's stock valued at $227,339,000 after buying an additional 398,770 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Up 0.4%

Healthpeak Properties stock opened at $17.53 on Tuesday. The business has a fifty day moving average of $19.02 and a two-hundred day moving average of $20.19. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The firm has a market cap of $12.18 billion, a P/E ratio of 50.09, a P/E/G ratio of 2.17 and a beta of 1.05. Healthpeak Properties, Inc. has a twelve month low of $17.21 and a twelve month high of $23.26.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting analysts' consensus estimates 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 return on equity of 2.61% and a net margin of 9.00%. Healthpeak Properties's revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.45 earnings per share. On average, analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

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

Insider Activity

In other Healthpeak Properties news, CEO Scott M. Brinker acquired 2,750 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was purchased at an average price of $17.39 per share, for a total transaction of $47,822.50. Following the acquisition, the chief executive officer now owns 204,613 shares in the company, valued at approximately $3,558,220.07. This trade represents a 1.36% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John T. Thomas acquired 4,200 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were acquired at an average price of $17.84 per share, with a total value of $74,928.00. Following the acquisition, the director now owns 813,566 shares in the company, valued at approximately $14,514,017.44. The trade was a 0.52% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 23,987 shares of company stock worth $422,141. Insiders own 0.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on DOC shares. StockNews.com cut Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Thursday, May 1st. Wedbush cut their target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Robert W. Baird cut their target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 29th. Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 target price on the stock in a research note on Wednesday, January 15th. Finally, Argus reaffirmed a "buy" rating and set a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Healthpeak Properties currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.25.

Healthpeak Properties 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.

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