Diversified Trust Co Grows Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Diversified Trust Co lifted its position in Healthpeak Properties, Inc. (NYSE:DOC) by 139.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 24,088 shares of the real estate investment trust’s stock after buying an additional 14,027 shares during the quarter. Diversified Trust Co’s holdings in Healthpeak Properties were worth $488,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DOC. HM Payson & Co. purchased a new stake in Healthpeak Properties during the third quarter worth about $25,000. S.A. Mason LLC acquired a new position in shares of Healthpeak Properties in the third quarter valued at approximately $26,000. Rise Advisors LLC purchased a new stake in Healthpeak Properties during the 3rd quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new stake in Healthpeak Properties during the 3rd quarter worth approximately $32,000. Finally, Barrett & Company Inc. purchased a new position in Healthpeak Properties in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

NYSE DOC opened at $19.74 on Friday. The company has a fifty day moving average of $21.11 and a two-hundred day moving average of $21.45. The company has a market capitalization of $13.81 billion, a PE ratio of 42.00, a P/E/G ratio of 2.31 and a beta of 1.14. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32). Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The firm had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $682.51 million. During the same quarter in the prior year, the business earned $0.45 EPS. The company’s quarterly revenue was up 25.9% compared to the same quarter last year. As a group, analysts expect that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.08%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DOC. Robert W. Baird upped their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and upped their price target for the stock from $20.00 to $28.00 in a report on Monday, October 21st. Mizuho decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Finally, Evercore ISI lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $24.08.

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.