E. Ohman J or Asset Management AB Buys Shares of 27,445 Healthpeak Properties, Inc. (NYSE:DOC)

E. Ohman J or Asset Management AB bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, HoldingsChannel reports. The institutional investor bought 27,445 shares of the real estate investment trust’s stock, valued at approximately $628,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DOC. Douglas Lane & Associates LLC acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $33,947,000. Foresight Group Ltd Liability Partnership acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $33,212,000. Raymond James & Associates acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $25,711,000. Presima Securities ULC acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $22,465,000. Finally, AMF Tjanstepension AB acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $15,548,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 3.1 %

DOC opened at $22.29 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market capitalization of $15.59 billion, a price-to-earnings ratio of 47.43, a price-to-earnings-growth ratio of 3.30 and a beta of 1.14. The business has a 50-day moving average of $22.26 and a two-hundred day moving average of $20.67. Healthpeak Properties, Inc. has a 12 month low of $15.24 and a 12 month high of $23.26.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Thursday, July 25th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.23). Healthpeak Properties had a return on equity of 3.51% and a net margin of 11.93%. The firm had revenue of $695.50 million for the quarter, compared to analysts’ expectations of $665.11 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The firm’s revenue for the quarter was up 27.5% compared to the same quarter last year. On average, research analysts expect that Healthpeak Properties, Inc. will post 1.79 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date is Monday, November 4th. Healthpeak Properties’s payout ratio is currently 255.32%.

Wall Street Analysts Forecast Growth

DOC has been the subject of several research reports. Evercore ISI lifted their price target on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their target price for the company from $20.00 to $28.00 in a research note on Monday, October 21st. Scotiabank boosted their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a research note on Monday, September 9th. Royal Bank of Canada boosted their target price on shares of Healthpeak Properties from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Tuesday, July 30th. Finally, StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Healthpeak Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.62.

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.