Healthpeak Properties, Inc. (NYSE:PEAK) Stock Holdings Lifted by AQR Capital Management LLC

AQR Capital Management LLC lifted its position in Healthpeak Properties, Inc. (NYSE:PEAK - Free Report) by 24.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,224,973 shares of the company's stock after acquiring an additional 440,267 shares during the period. AQR Capital Management LLC owned about 0.41% of Healthpeak Properties worth $40,851,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in PEAK. Blair William & Co. IL grew its position in Healthpeak Properties by 1.8% in the first quarter. Blair William & Co. IL now owns 19,827 shares of the company's stock worth $681,000 after acquiring an additional 346 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in Healthpeak Properties by 17.4% in the first quarter. Steward Partners Investment Advisory LLC now owns 3,803 shares of the company's stock worth $84,000 after acquiring an additional 565 shares in the last quarter. Lazard Asset Management LLC grew its position in Healthpeak Properties by 2.3% in the third quarter. Lazard Asset Management LLC now owns 27,143 shares of the company's stock worth $498,000 after acquiring an additional 613 shares in the last quarter. TCM Advisors LLC bought a new stake in Healthpeak Properties in the second quarter worth approximately $12,864,000. Finally, Texas Permanent School Fund Corp grew its position in Healthpeak Properties by 0.6% in the second quarter. Texas Permanent School Fund Corp now owns 114,675 shares of the company's stock worth $2,305,000 after acquiring an additional 680 shares in the last quarter. 92.55% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Performance

Shares of NYSE:PEAK opened at $17.10 on Monday. The company has a market capitalization of $9.36 billion, a price-to-earnings ratio of 30.54, a P/E/G ratio of 4.00 and a beta of 1.01. The firm's 50 day simple moving average is $18.66 and its 200 day simple moving average is $18.40. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.67 and a quick ratio of 0.67. Healthpeak Properties, Inc. has a fifty-two week low of $15.24 and a fifty-two week high of $24.46.

Healthpeak Properties (NYSE:PEAK - Get Free Report) last announced its earnings results on Thursday, February 8th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.32). The company had revenue of $553.65 million for the quarter, compared to analyst estimates of $553.77 million. Healthpeak Properties had a return on equity of 4.34% and a net margin of 13.97%. The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business posted $0.44 earnings per share. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 26th. Stockholders of record on Wednesday, February 14th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $1.20 annualized dividend and a dividend yield of 7.02%. Healthpeak Properties's dividend payout ratio is currently 214.29%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. BNP Paribas upgraded shares of Healthpeak Properties from an "underperform" rating to a "neutral" rating and set a $19.00 price objective for the company in a research note on Monday, February 12th. Bank of America cut shares of Healthpeak Properties from a "neutral" rating to an "underperform" rating and set a $17.50 price objective for the company. in a research note on Monday, November 13th. Scotiabank upgraded shares of Healthpeak Properties from a "sector perform" rating to a "sector outperform" rating and upped their target price for the company from $20.00 to $23.00 in a research note on Friday, January 12th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Healthpeak Properties in a research note on Tuesday, January 30th. They set a "hold" rating and a $21.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $23.14.

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.

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