Point72 DIFC Ltd Makes New $161,000 Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Point72 DIFC Ltd purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the second quarter, HoldingsChannel reports. The institutional investor purchased 8,212 shares of the real estate investment trust’s stock, valued at approximately $161,000.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank purchased a new stake in Healthpeak Properties in the fourth quarter worth approximately $34,883,000. UBS Group AG lifted its stake in shares of Healthpeak Properties by 56.5% in the 4th quarter. UBS Group AG now owns 526,676 shares of the real estate investment trust’s stock worth $7,010,000 after purchasing an additional 190,186 shares during the period. Angelo Gordon & CO. L.P. purchased a new position in shares of Healthpeak Properties in the fourth quarter worth approximately $3,713,000. Nomura Asset Management Co. Ltd. boosted its stake in shares of Healthpeak Properties by 2.9% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 269,310 shares of the real estate investment trust’s stock worth $3,585,000 after acquiring an additional 7,500 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in shares of Healthpeak Properties by 1,543.7% during the 4th quarter. Corient Private Wealth LLC now owns 164,613 shares of the real estate investment trust’s stock valued at $2,191,000 after acquiring an additional 154,598 shares during the period. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on DOC. Royal Bank of Canada upped their price target on Healthpeak Properties from $22.00 to $25.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 30th. Evercore ISI upped their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Thursday. Wedbush lifted their target price on Healthpeak Properties from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Finally, Citigroup upped their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, August 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average target price of $21.83.

Healthpeak Properties Trading Up 0.4 %

DOC stock opened at $22.60 on Friday. Healthpeak Properties, Inc. has a twelve month low of $15.24 and a twelve month high of $23.14. The stock has a market capitalization of $15.90 billion, a price-to-earnings ratio of 64.57, a price-to-earnings-growth ratio of 2.36 and a beta of 1.14. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.91. The firm’s fifty day simple moving average is $21.88 and its two-hundred day simple moving average is $20.02.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Thursday, July 25th. The real estate investment trust reported $0.21 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.23). The firm had revenue of $695.50 million for the quarter, compared to the consensus estimate of $665.11 million. Healthpeak Properties had a net margin of 11.93% and a return on equity of 3.51%. The business’s revenue for the quarter was up 27.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 earnings per share. As a group, analysts anticipate that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Monday, August 5th were paid a $0.30 dividend. The ex-dividend date was Monday, August 5th. This represents a $1.20 dividend on an annualized basis and a yield of 5.31%. Healthpeak Properties’s payout ratio is 342.86%.

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.