Voya Investment Management LLC Has $5.16 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Voya Investment Management LLC cut its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 254,474 shares of the real estate investment trust's stock after selling 17,218 shares during the period. Voya Investment Management LLC's holdings in Healthpeak Properties were worth $5,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in DOC. Mizuho Bank Ltd. purchased a new stake in Healthpeak Properties during the fourth quarter valued at approximately $28,000. Harvest Fund Management Co. Ltd bought a new position in Healthpeak Properties in the fourth quarter worth approximately $30,000. Covestor Ltd lifted its stake in shares of Healthpeak Properties by 173.8% during the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,152 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of 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 buying an additional 563 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter valued at $45,000. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Stock Performance

NYSE DOC traded up $0.01 during trading hours on Friday, hitting $17.79. The company had a trading volume of 5,480,379 shares, compared to its average volume of 4,913,319. The business has a 50 day moving average of $19.37 and a 200-day moving average of $20.42. The company has a market cap of $12.36 billion, a PE ratio of 50.83, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. Healthpeak Properties, Inc. has a 1-year low of $17.33 and a 1-year high of $23.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The company had revenue of $702.89 million for the quarter, compared to analyst estimates of $690.76 million. During the same period in the previous year, the firm earned $0.45 EPS. The business's revenue was up 15.9% on a year-over-year basis. As a group, equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th were paid 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 Buying and Selling

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wedbush cut their price objective on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a 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. Argus reissued a "buy" rating and set a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Robert W. Baird decreased their target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Finally, Evercore ISI decreased 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties has an average rating of "Moderate Buy" and a consensus price target of $23.42.

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.