S.A. Mason LLC Makes New Investment in Healthpeak Properties, Inc. (NYSE:DOC)

S.A. Mason LLC acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,120 shares of the real estate investment trust’s stock, valued at approximately $26,000.

A number of other institutional investors have also bought and sold shares of DOC. 1620 Investment Advisors Inc. bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $49,000. First Trust Direct Indexing L.P. purchased a new position in shares of Healthpeak Properties in the third quarter worth $959,000. New York State Teachers Retirement System bought a new position in shares of Healthpeak Properties during the third quarter worth $13,077,000. Pathway Financial Advisers LLC purchased a new position in Healthpeak Properties during the third quarter valued at $437,000. Finally, MONECO Advisors LLC bought a new stake in Healthpeak Properties in the 3rd quarter valued at $2,067,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on DOC. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday. Robert W. Baird increased their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. Wells Fargo & Company reiterated an “equal weight” rating and issued a $23.00 target price (up previously from $22.00) on shares of Healthpeak Properties in a report on Tuesday, October 1st. Finally, Evercore ISI boosted their target price on 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, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Moderate Buy” and an average price target of $22.79.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $22.74 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.91. The stock’s fifty day moving average price is $22.31 and its 200-day moving average price is $20.75. The firm has a market cap of $16.00 billion, a P/E ratio of 64.97, a P/E/G ratio of 3.30 and a beta of 1.14. Healthpeak Properties, Inc. has a 12 month low of $15.24 and a 12 month high of $23.26.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.32). Healthpeak Properties had a net margin of 11.93% and a return on equity of 3.51%. The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. During the same quarter in the prior year, the firm posted $0.45 EPS. The company’s revenue for the quarter was up 25.9% compared to the same quarter last year. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.79 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 4th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $1.20 annualized dividend and a yield of 5.28%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 342.86%.

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.