Arjuna Capital Makes New Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Arjuna Capital acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 12,133 shares of the real estate investment trust’s stock, valued at approximately $277,000.

Other large investors have also recently added to or reduced their stakes in the company. HM Payson & Co. bought a new position in Healthpeak Properties during the 3rd quarter worth $25,000. S.A. Mason LLC bought a new position in Healthpeak Properties during the 3rd quarter worth $26,000. Rise Advisors LLC bought a new position in Healthpeak Properties during the 3rd quarter worth $29,000. Fortitude Family Office LLC bought a new position in Healthpeak Properties during the 3rd quarter worth $32,000. Finally, Barrett & Company Inc. bought a new position in shares of Healthpeak Properties in the third quarter worth $33,000. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on DOC shares. Citigroup raised their price target on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, August 22nd. Robert W. Baird lifted their price target on Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Wells Fargo & Company reissued an “equal weight” rating and set a $23.00 price target (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Wedbush lifted their price objective on Healthpeak Properties from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. Finally, Evercore ISI lifted their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties presently has an average rating of “Moderate Buy” and a consensus price target of $22.86.

Healthpeak Properties Stock Up 1.2 %

Shares of NYSE DOC traded up $0.26 during midday trading on Wednesday, hitting $22.05. 395,365 shares of the stock traded hands, compared to its average volume of 5,706,310. The company has a market cap of $15.42 billion, a PE ratio of 46.32, a P/E/G ratio of 2.49 and a beta of 1.13. Healthpeak Properties, Inc. has a one year low of $16.01 and a one year high of $23.26. The business has a 50 day moving average price of $22.32 and a two-hundred day moving average price of $21.00. 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 (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). 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 revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 EPS. On average, equities analysts predict that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, November 4th. This represents a $1.20 annualized dividend and a dividend yield of 5.44%. Healthpeak Properties’s dividend payout ratio is 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.