CreativeOne Wealth LLC Purchases Shares of 9,190 Healthpeak Properties, Inc. (NYSE:DOC)

CreativeOne Wealth LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,190 shares of the real estate investment trust’s stock, valued at approximately $210,000.

Several other hedge funds also recently made changes to their positions in the business. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Healthpeak Properties by 16.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 538,010 shares of the real estate investment trust’s stock worth $12,304,000 after purchasing an additional 77,584 shares during the period. Glenmede Trust Co. NA bought a new position in shares of Healthpeak Properties during the third quarter worth approximately $359,000. Freedom Investment Management Inc. bought a new position in shares of Healthpeak Properties during the third quarter worth approximately $409,000. RS Crum Inc. bought a new position in shares of Healthpeak Properties during the third quarter worth approximately $441,000. Finally, Townsquare Capital LLC bought a new position in shares of Healthpeak Properties during the third quarter worth approximately $226,000. 93.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on DOC shares. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Citigroup increased their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, August 22nd. Wells Fargo & Company reiterated an “equal weight” rating and set a $23.00 price target (up previously from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, October 1st. Evercore ISI increased their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Robert W. Baird increased their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.86.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $21.52 on Wednesday. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week 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. The firm has a market capitalization of $15.05 billion, a P/E ratio of 45.78, a P/E/G ratio of 2.41 and a beta of 1.13. The company’s 50 day moving average price is $22.14 and its two-hundred day moving average price is $21.27.

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

Healthpeak Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.58%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 255.32%.

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.