272,441 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 272,441 shares of the real estate investment trust’s stock, valued at approximately $62,310,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $29,000. Riverview Trust Co bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $35,000. UMB Bank n.a. acquired a new position in Healthpeak Properties during the 3rd quarter worth about $40,000. Mather Group LLC. acquired a new position in Healthpeak Properties during the 3rd quarter worth about $60,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Healthpeak Properties during the 2nd quarter worth about $66,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of NYSE:DOC opened at $22.29 on Friday. The company has a market capitalization of $15.59 billion, a price-to-earnings ratio of 47.43, a P/E/G ratio of 3.30 and a beta of 1.14. The firm’s 50 day simple moving average is $22.26 and its 200 day simple moving average is $20.67. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.70 and a quick ratio of 0.70. Healthpeak Properties, Inc. has a fifty-two week low of $15.24 and a fifty-two week high of $23.26.

Healthpeak Properties (NYSE:DOC) last posted 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 business had revenue of $695.50 million for the quarter, compared to the consensus estimate of $665.11 million. During the same period in the previous year, the company posted $0.45 earnings per share. Healthpeak Properties’s revenue for the quarter was up 27.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.79 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.38%. Healthpeak Properties’s payout ratio is 255.32%.

Wall Street Analyst Weigh In

DOC has been the topic of several research reports. Wedbush upped their price target on shares of Healthpeak Properties from $22.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Royal Bank of Canada upped their target price on shares of Healthpeak Properties from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and upped their target price for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Finally, Evercore ISI upped their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $22.62.

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.