10,714 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the third quarter, Holdings Channel reports. The fund bought 10,714 shares of the real estate investment trust’s stock, valued at approximately $245,000.

Other institutional investors have also recently added to or reduced their stakes in the company. HM Payson & Co. bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $25,000. S.A. Mason LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $26,000. Rise Advisors LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $29,000. Fortitude Family Office LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $32,000. Finally, Barrett & Company Inc. bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $33,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Down 1.8 %

Shares of NYSE DOC opened at $20.86 on Monday. The firm has a market cap of $14.59 billion, a PE ratio of 44.38, a P/E/G ratio of 2.32 and a beta of 1.13. Healthpeak Properties, Inc. has a 12-month low of $16.01 and a 12-month high of $23.26. The company’s fifty day simple moving average is $22.26 and its 200 day simple moving average is $21.06. 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 issued its 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 return on equity of 3.53% and a net margin of 12.10%. The company had revenue of $700.40 million for the quarter, compared to the consensus estimate of $682.51 million. During the same period in the prior year, the company earned $0.45 earnings per share. The firm’s revenue was up 25.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.20 annualized dividend and a yield of 5.75%. Healthpeak Properties’s payout ratio is 255.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Royal Bank of Canada boosted their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $23.00 price objective (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Scotiabank upped their price objective on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a research note on Monday, September 9th. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Finally, 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. 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 issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $22.86.

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.