Healthpeak Properties, Inc. (NYSE:DOC) Holdings Lowered by Sarasin & Partners LLP

Sarasin & Partners LLP lowered its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 442,757 shares of the real estate investment trust’s stock after selling 13,071 shares during the quarter. Sarasin & Partners LLP’s holdings in Healthpeak Properties were worth $8,975,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DOC. State Street Corp acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $1,093,576,000. Geode Capital Management LLC acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $403,898,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $230,988,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $175,697,000. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $102,615,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DOC shares. Wells Fargo & Company dropped their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research note on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada boosted their price objective on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $24.15.

Healthpeak Properties Trading Up 0.5 %

Shares of DOC stock opened at $20.80 on Monday. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The firm’s fifty day simple moving average is $20.90 and its 200 day simple moving average is $21.52. The firm has a market capitalization of $14.55 billion, a P/E ratio of 44.26, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The company’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.81 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.77%. The ex-dividend date was Monday, November 4th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 255.32%.

Healthpeak Properties Company 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.