World Investment Advisors LLC Makes New $291,000 Investment in Healthpeak Properties, Inc. (NYSE:DOC)

World Investment Advisors LLC bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,743 shares of the real estate investment trust’s stock, valued at approximately $291,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HM Payson & Co. bought a new position in Healthpeak Properties in the 3rd quarter valued at $25,000. S.A. Mason LLC purchased a new stake in shares of Healthpeak Properties during the third quarter valued at $26,000. Rise Advisors LLC purchased a new stake in shares of Healthpeak Properties during the third quarter valued at $29,000. Fortitude Family Office LLC bought a new position in shares of Healthpeak Properties in the third quarter worth about $32,000. Finally, Barrett & Company Inc. purchased a new position in Healthpeak Properties in the 3rd quarter worth about $33,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DOC has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their price objective for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Wells Fargo & Company lowered their target price on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. Evercore ISI raised their price target on Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Mizuho lowered their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Finally, Scotiabank raised their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a research report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.93.

Healthpeak Properties Price Performance

Shares of DOC opened at $19.98 on Thursday. 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 company has a market cap of $13.97 billion, a P/E ratio of 42.51, a PEG ratio of 2.37 and a beta of 1.13. The firm’s 50 day moving average price is $21.86 and its 200 day moving average price is $21.39. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $23.26.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share 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 during the quarter, compared to analysts’ expectations of $682.51 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The firm’s revenue for the quarter was up 25.9% on a year-over-year basis. On average, research analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.01%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s payout ratio is currently 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.