15,210 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,210 shares of the real estate investment trust’s stock, valued at approximately $348,000.

Several other large investors have also recently added to or reduced their stakes in the company. HM Payson & Co. bought a new position in shares of Healthpeak Properties in the third quarter valued at approximately $25,000. S.A. Mason LLC acquired a new stake in Healthpeak Properties during the 3rd quarter valued at $26,000. Rise Advisors LLC bought a new position in Healthpeak Properties in the 3rd quarter valued at $29,000. Fortitude Family Office LLC acquired a new position in Healthpeak Properties in the third quarter worth $32,000. Finally, Barrett & Company Inc. bought a new stake in shares of Healthpeak Properties during the third quarter worth $33,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $22.56 on Friday. The stock has a market cap of $15.78 billion, a PE ratio of 48.00, a price-to-earnings-growth ratio of 2.45 and a beta of 1.13. The stock has a 50-day moving average of $22.31 and a 200-day moving average of $20.91. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. Healthpeak Properties, Inc. has a one year low of $15.44 and a one year high of $23.26.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data 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). The firm had revenue of $700.40 million for the quarter, compared to analyst estimates of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.45 EPS. As a group, sell-side analysts expect that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.32%. The ex-dividend date is Monday, November 4th. Healthpeak Properties’s payout ratio is presently 255.32%.

Analyst Ratings Changes

A number of research analysts recently issued reports on DOC shares. Citigroup lifted their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, August 22nd. 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 research report on Monday, September 16th. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Scotiabank upped their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a report on Monday, September 9th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $23.00 target price (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.86.

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.