Quantinno Capital Management LP Buys 45,183 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Quantinno Capital Management LP raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 392,467 shares of the real estate investment trust's stock after buying an additional 45,183 shares during the period. Quantinno Capital Management LP owned about 0.06% of Healthpeak Properties worth $7,955,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DOC. Mizuho Bank Ltd. acquired a new stake in shares of Healthpeak Properties in the 4th quarter valued at $28,000. Harvest Fund Management Co. Ltd bought a new position in Healthpeak Properties in the 4th quarter worth $30,000. Covestor Ltd raised its holdings in Healthpeak Properties by 173.8% in the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 1,152 shares during the period. AdvisorNet Financial Inc raised its holdings in Healthpeak Properties by 34.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 563 shares during the period. Finally, Kestra Investment Management LLC bought a new position in Healthpeak Properties in the 4th quarter worth $45,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Trading Down 1.6%

NYSE DOC traded down $0.27 during trading hours on Wednesday, hitting $17.22. The company's stock had a trading volume of 3,274,609 shares, compared to its average volume of 5,020,769. The stock has a fifty day moving average of $18.68 and a 200 day moving average of $19.99. Healthpeak Properties, Inc. has a twelve month low of $16.90 and a twelve month high of $23.26. The firm has a market capitalization of $11.96 billion, a P/E ratio of 49.27, a PEG ratio of 2.17 and a beta of 1.05. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

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 the consensus estimate of $0.46. The company had revenue of $702.89 million for 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 business's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period last year, the business posted $0.45 earnings per share. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a yield of 7.05%. Healthpeak Properties's dividend payout ratio (DPR) is presently 305.00%.

Insiders Place Their Bets

In related news, Director Tommy G. Thompson acquired 5,700 shares of the stock in a transaction dated Friday, May 9th. The stock was bought at an average price of $17.36 per share, with a total value of $98,952.00. Following the completion of the transaction, the director now directly owns 138,513 shares of the company's stock, valued at approximately $2,404,585.68. The trade was a 4.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Scott M. Brinker acquired 2,750 shares of the stock in a transaction dated Friday, May 9th. The shares were bought at an average cost of $17.39 per share, with a total value of $47,822.50. Following the transaction, the chief executive officer now directly owns 204,613 shares of the company's stock, valued at $3,558,220.07. This represents a 1.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 23,987 shares of company stock worth $422,141. Company insiders own 0.23% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Robert W. Baird cut their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Wedbush cut their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Thursday, May 1st. Argus reissued a "buy" rating and issued a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Finally, Evercore ISI lowered 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 note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Healthpeak Properties currently has a consensus rating of "Moderate Buy" and an average target price of $23.45.

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.