Atria Investments Inc Invests $1.02 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Atria Investments Inc acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 44,710 shares of the real estate investment trust’s stock, valued at approximately $1,023,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. HM Payson & Co. purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at $25,000. S.A. Mason LLC purchased a new position in Healthpeak Properties during the third quarter worth about $26,000. Rise Advisors LLC purchased a new position in Healthpeak Properties during the third quarter worth about $29,000. Fortitude Family Office LLC purchased a new stake in shares of Healthpeak Properties in the 3rd quarter valued at about $32,000. Finally, Barrett & Company Inc. purchased a new stake in shares of Healthpeak Properties in the 3rd quarter valued at about $33,000. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Scotiabank upped their price objective on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a research report on Monday, September 9th. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Robert W. Baird lifted their price objective on shares of Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Wells Fargo & Company reissued an “equal weight” rating and issued a $23.00 target price (up previously from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and lifted their price target for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.86.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $20.86 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $23.26. The firm has a market cap of $14.59 billion, a PE ratio of 44.38, a price-to-earnings-growth ratio of 2.32 and a beta of 1.13. The business has a 50 day moving average price of $22.26 and a 200-day moving average price of $21.06.

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

Healthpeak Properties Announces Dividend

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