10,850 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Sigma Planning Corp

Sigma Planning Corp purchased a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,850 shares of the real estate investment trust’s stock, valued at approximately $248,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. abrdn plc acquired a new position in shares of Healthpeak Properties during the third quarter valued at about $62,670,000. Douglas Lane & Associates LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $33,947,000. Foresight Group Ltd Liability Partnership purchased a new stake in shares of Healthpeak Properties in the third quarter worth approximately $33,212,000. Asset Management One Co. Ltd. bought a new position in shares of Healthpeak Properties in the third quarter valued at approximately $29,934,000. Finally, Raymond James & Associates purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $25,711,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $20.86 on Friday. The firm has a market capitalization of $14.59 billion, a PE ratio of 44.38, a P/E/G ratio of 2.41 and a beta of 1.13. 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 50-day moving average price of $22.26 and a two-hundred day moving average price of $21.04. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data 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 return on equity of 3.53% and a net margin of 12.10%. The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. During the same period last year, the business posted $0.45 earnings per share. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. Equities analysts forecast that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were paid 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 5.75%. Healthpeak Properties’s payout ratio is 255.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wedbush increased their price target on Healthpeak Properties from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, July 29th. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. 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 report on Tuesday, October 1st. Evercore ISI lifted their target price 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 boosted their target price on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and a consensus price target of $22.86.

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.