Gotham Asset Management LLC Has $2.50 Million Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Gotham Asset Management LLC decreased its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 4.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 123,500 shares of the real estate investment trust’s stock after selling 5,516 shares during the quarter. Gotham Asset Management LLC’s holdings in Healthpeak Properties were worth $2,503,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Mizuho Bank Ltd. bought a new position in shares of Healthpeak Properties during the 4th quarter worth approximately $28,000. Harvest Fund Management Co. Ltd bought a new position in shares of Healthpeak Properties during the 4th quarter worth approximately $30,000. Covestor Ltd lifted its position in shares of Healthpeak Properties by 173.8% during the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 1,152 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 563 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Healthpeak Properties during the 4th quarter worth approximately $45,000. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on DOC shares. Scotiabank dropped their target price on shares of Healthpeak Properties from $23.00 to $21.00 and set a “sector outperform” rating on the stock in a research report on Monday. Evercore ISI lowered their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating on the stock in a report on Monday, April 28th. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Thursday, May 1st. Argus reaffirmed a “buy” rating and issued a $25.00 price target on shares of Healthpeak Properties in a report on Tuesday, April 29th. Finally, Robert W. Baird lowered their price target on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.25.

Healthpeak Properties Trading Up 1.9%

Shares of DOC stock opened at $17.30 on Friday. The company’s fifty day simple moving average is $18.83 and its two-hundred day simple moving average is $20.11. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. Healthpeak Properties, Inc. has a 1 year low of $16.90 and a 1 year high of $23.26. The stock has a market capitalization of $12.02 billion, a price-to-earnings ratio of 49.43, a PEG ratio of 2.17 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The business had revenue of $702.89 million for the quarter, compared to analysts’ expectations of $690.76 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, analysts anticipate that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.1017 per share. The ex-dividend date is Monday, May 19th. This represents a dividend yield of 7.05%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 305.00%.

Insider Activity

In other news, Director Tommy G. Thompson purchased 5,700 shares of Healthpeak Properties stock in a transaction dated Friday, May 9th. The stock was purchased at an average cost of $17.36 per share, for a total transaction of $98,952.00. Following the transaction, the director now directly owns 138,513 shares of the company’s stock, valued at approximately $2,404,585.68. This trade represents a 4.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Scott M. Brinker purchased 2,750 shares of Healthpeak Properties stock in a transaction dated Friday, May 9th. The shares were purchased at an average price of $17.39 per share, with a total value of $47,822.50. Following the completion of the transaction, the chief executive officer now directly owns 204,613 shares in the company, valued at approximately $3,558,220.07. This represents a 1.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 23,987 shares of company stock worth $422,141 in the last three months. Corporate insiders own 0.23% of the company’s stock.

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.