Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 53.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,798 shares of the real estate investment trust's stock after selling 40,291 shares during the period. Tudor Investment Corp ET AL's holdings in Healthpeak Properties were worth $726,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Susquehanna Fundamental Investments LLC bought a new position in Healthpeak Properties in the fourth quarter worth approximately $16,450,000. Nebula Research & Development LLC lifted its holdings in shares of Healthpeak Properties by 80.5% in the 4th quarter. Nebula Research & Development LLC now owns 64,110 shares of the real estate investment trust's stock worth $1,300,000 after buying an additional 28,595 shares during the period. Integrated Wealth Concepts LLC grew its position in shares of Healthpeak Properties by 11.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 16,853 shares of the real estate investment trust's stock worth $342,000 after buying an additional 1,700 shares in the last quarter. Coppell Advisory Solutions LLC increased its stake in shares of Healthpeak Properties by 6.3% during the fourth quarter. Coppell Advisory Solutions LLC now owns 14,113 shares of the real estate investment trust's stock valued at $282,000 after buying an additional 840 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in shares of Healthpeak Properties by 10.6% in 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 acquiring an additional 1,651,235 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Scotiabank cut their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. Evercore ISI cut their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Argus reissued a "buy" rating and issued a $25.00 price objective on shares of Healthpeak Properties 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 report on Wednesday, January 15th. Finally, Robert W. Baird 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 Tuesday, April 29th. One 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 company currently has an average rating of "Moderate Buy" and an average target price of $23.42.

Insider Activity at Healthpeak Properties

In other Healthpeak Properties news, Director John T. Thomas bought 4,200 shares of Healthpeak Properties stock in a transaction that occurred on Monday, April 28th. The stock was purchased at an average price of $17.84 per share, with a total value of $74,928.00. Following the completion of the acquisition, the director now directly owns 813,566 shares in the company, valued at approximately $14,514,017.44. This trade represents a 0.52 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Scott M. Brinker purchased 11,337 shares of the stock in a transaction on Monday, April 28th. The stock was acquired at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the completion of the acquisition, the chief executive officer now owns 201,863 shares of the company's stock, valued at $3,568,937.84. The trade was a 5.95 % increase in their position. The disclosure for this purchase can be found here. 0.23% of the stock is owned by insiders.

Healthpeak Properties Stock Up 0.6 %

Shares of DOC traded up $0.11 during mid-day trading on Friday, hitting $17.50. 4,245,778 shares of the company traded hands, compared to its average volume of 4,952,796. The company has a market capitalization of $12.16 billion, a PE ratio of 50.00, a price-to-earnings-growth 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. The business has a 50 day moving average of $19.08 and a 200 day moving average of $20.24. Healthpeak Properties, Inc. has a 1-year low of $17.21 and a 1-year high of $23.26.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.46. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The business had revenue of $702.89 million for the quarter, compared to analyst estimates of $690.76 million. During the same quarter in the prior year, the business posted $0.45 EPS. Healthpeak Properties's revenue for the quarter was up 15.9% compared to the same quarter last year. Equities research analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 18th were given a $0.1017 dividend. The ex-dividend date of this dividend was Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties's dividend payout ratio is currently 305.00%.

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.