15,610 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by Everence Capital Management Inc.

Everence Capital Management Inc. bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,610 shares of the real estate investment trust’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. HM Payson & Co. acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth $25,000. S.A. Mason LLC purchased a new stake in Healthpeak Properties during the third quarter valued at about $26,000. Rise Advisors LLC acquired a new stake in Healthpeak Properties during the third quarter worth about $29,000. Fortitude Family Office LLC acquired a new stake in Healthpeak Properties during the third quarter worth about $32,000. Finally, Barrett & Company Inc. purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

DOC has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Royal Bank of Canada increased their price objective on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Evercore ISI raised their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Wells Fargo & Company decreased their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and raised their price objective for the company from $20.00 to $28.00 in a research report on Monday, October 21st. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.08.

Healthpeak Properties Price Performance

DOC stock opened at $20.00 on Tuesday. The stock’s 50 day moving average is $21.30 and its two-hundred day moving average is $21.46. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The company has a market capitalization of $13.99 billion, a PE ratio of 42.55, a P/E/G ratio of 2.31 and a beta of 1.14. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32). Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The company had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. During the same quarter last year, the firm posted $0.45 EPS. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. Analysts predict that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a dividend of $0.30 per share. The ex-dividend date was Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 6.00%. Healthpeak Properties’s payout ratio is 255.32%.

About Healthpeak Properties

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.