Robeco Institutional Asset Management B.V. Buys New Position in Healthpeak Properties, Inc. (NYSE:DOC)

Robeco Institutional Asset Management B.V. purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, HoldingsChannel reports. The institutional investor purchased 609,156 shares of the real estate investment trust’s stock, valued at approximately $13,931,000.

Other institutional investors have also recently made changes to their positions in the company. HM Payson & Co. bought a new stake in shares of Healthpeak Properties during the 3rd quarter worth $25,000. S.A. Mason LLC purchased a new stake in Healthpeak Properties during the third quarter valued at about $26,000. Rise Advisors LLC bought a new stake in Healthpeak Properties during the third quarter worth about $29,000. Fortitude Family Office LLC purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth about $32,000. Finally, Barrett & Company Inc. purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth about $33,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 0.8 %

Shares of Healthpeak Properties stock opened at $22.33 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a 12-month low of $15.44 and a 12-month high of $23.26. The company has a market cap of $15.62 billion, a P/E ratio of 47.51, a PEG ratio of 2.45 and a beta of 1.13. The company’s fifty day simple moving average is $22.30 and its two-hundred day simple moving average is $20.90.

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). Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The company 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 firm earned $0.45 EPS. Healthpeak Properties’s quarterly revenue was up 25.9% compared to the same quarter last year. Research analysts anticipate that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.37%. The ex-dividend date is Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on DOC shares. Scotiabank raised their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a report on Monday, September 9th. 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 objective 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. Royal Bank of Canada lifted their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and raised their price objective for the company from $20.00 to $28.00 in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average price target of $22.86.

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.