811,564 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 811,564 shares of the real estate investment trust’s stock, valued at approximately $16,450,000. Susquehanna Fundamental Investments LLC owned about 0.12% of Healthpeak Properties at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. boosted its position in shares of Healthpeak Properties by 2,113.5% during the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock valued at $367,575,000 after purchasing an additional 17,314,572 shares in the last quarter. Norges Bank acquired a new position in Healthpeak Properties in the fourth quarter valued at approximately $166,804,000. Long Pond Capital LP acquired a new position in Healthpeak Properties in the fourth quarter valued at approximately $86,885,000. JPMorgan Chase & Co. boosted its holdings in shares of Healthpeak Properties by 23.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after buying an additional 4,056,931 shares in the last quarter. Finally, National Bank of Canada FI grew its position in shares of Healthpeak Properties by 56,120.9% during the 4th quarter. National Bank of Canada FI now owns 1,686,065 shares of the real estate investment trust’s stock worth $34,181,000 after buying an additional 1,683,066 shares during the period. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday. Robert W. Baird dropped their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Scotiabank reduced their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. Wedbush reaffirmed an “outperform” rating and set a $24.00 price target on shares of Healthpeak Properties in a research note on Friday, April 11th. Finally, Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.83.

Healthpeak Properties Trading Down 5.2 %

Shares of Healthpeak Properties stock opened at $17.84 on Friday. The company has a market capitalization of $12.48 billion, a P/E ratio of 50.97, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The stock has a fifty day simple moving average of $19.57 and a 200 day simple moving average of $20.57. Healthpeak Properties, Inc. has a 12-month low of $17.33 and a 12-month high of $23.26. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The firm had revenue of $702.89 million during the quarter, compared to analyst estimates of $690.76 million. On average, sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be issued a $0.1017 dividend. This represents a dividend yield of 6.5%. The ex-dividend date is Thursday, April 17th. Healthpeak Properties’s dividend payout ratio is presently 348.57%.

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.