Kraematon Investment Advisors Inc. Sells 1,252 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Kraematon Investment Advisors Inc. lessened its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,349 shares of the real estate investment trust’s stock after selling 1,252 shares during the quarter. Kraematon Investment Advisors Inc.’s holdings in Healthpeak Properties were worth $291,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DOC. State Street Corp bought a new position in shares of Healthpeak Properties in the 3rd quarter valued at about $1,093,576,000. JPMorgan Chase & Co. raised its position in Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock valued at $493,115,000 after purchasing an additional 4,056,931 shares during the period. Geode Capital Management LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $403,898,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $175,697,000. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DOC. Robert W. Baird raised 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. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a report on Wednesday. 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 report on Monday, October 21st. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Finally, Mizuho dropped their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.15.

Healthpeak Properties Trading Up 1.8 %

Shares of NYSE DOC opened at $20.69 on Friday. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The firm has a market cap of $14.47 billion, a PE ratio of 44.03, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. The business has a fifty day simple moving average of $20.94 and a two-hundred day simple moving average of $21.48. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties (NYSE:DOC) last announced 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 12.10% and a return on equity of 3.53%. 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 posted $0.45 EPS. The business’s quarterly revenue was up 25.9% on a year-over-year basis. Analysts expect that Healthpeak Properties, Inc. will post 1.81 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a $0.30 dividend. 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 payout ratio is presently 255.32%.

Healthpeak Properties 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.