3,998 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,998 shares of the real estate investment trust’s stock, valued at approximately $91,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Stephens Inc. AR acquired a new position in shares of Healthpeak Properties in the third quarter valued at $323,000. Aspen Wealth Strategies LLC acquired a new position in shares of Healthpeak Properties in the third quarter valued at $314,000. US Bancorp DE acquired a new position in shares of Healthpeak Properties in the third quarter valued at $1,312,000. HM Payson & Co. acquired a new position in shares of Healthpeak Properties in the third quarter valued at $25,000. Finally, Sippican Capital Advisors acquired a new position in shares of Healthpeak Properties in the third quarter valued at $337,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DOC has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and upped their price target for the company from $20.00 to $28.00 in a research note on Monday, October 21st. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Robert W. Baird upped their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Scotiabank upped their price target on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a research note on Monday, September 9th. Finally, Citigroup upped their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Healthpeak Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.86.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $21.99 on Tuesday. The company has a market capitalization of $15.38 billion, a PE ratio of 46.79, a P/E/G ratio of 2.50 and a beta of 1.13. The company has a 50 day simple moving average of $22.29 and a two-hundred day simple moving average of $20.86. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.70 and a current ratio of 1.31. Healthpeak Properties, Inc. has a fifty-two week low of $15.44 and a fifty-two week high of $23.26.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share 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 business’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 EPS. Research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.46%. Healthpeak Properties’s dividend payout ratio is 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.