Czech National Bank Buys 8,287 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Czech National Bank grew its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 151,654 shares of the real estate investment trust’s stock after purchasing an additional 8,287 shares during the quarter. Czech National Bank’s holdings in Healthpeak Properties were worth $3,074,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DOC. JPMorgan Chase & Co. grew its stake in Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock valued at $493,115,000 after buying an additional 4,056,931 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in Healthpeak Properties in the 3rd quarter valued at $1,880,000. Swedbank AB acquired a new position in Healthpeak Properties in the 3rd quarter valued at $1,832,000. Pathstone Holdings LLC bought a new position in Healthpeak Properties during the 3rd quarter worth $1,968,000. Finally, Associated Banc Corp acquired a new stake in shares of Healthpeak Properties during the third quarter worth $10,559,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $20.69 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. The stock has a market cap of $14.47 billion, a PE ratio of 44.03, a P/E/G ratio of 2.12 and a beta of 1.14. Healthpeak Properties, Inc. has a 12-month low of $16.01 and a 12-month high of $23.26. The business’s 50-day moving average price is $20.94 and its two-hundred day moving average price is $21.48.

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 company had revenue of $700.40 million for 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 revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period last year, the firm posted $0.45 earnings per share. As a group, analysts expect that Healthpeak Properties, Inc. will post 1.81 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.80%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 255.32%.

Analyst Ratings Changes

A number of equities analysts recently commented on DOC shares. Wells Fargo & Company lowered their price target 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. Royal Bank of Canada lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Robert W. Baird increased their price target on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Finally, Mizuho reduced their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties currently has an average rating of “Moderate Buy” and an average price target of $24.15.

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.