168,925 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by MML Investors Services LLC

MML Investors Services LLC bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 168,925 shares of the real estate investment trust’s stock, valued at approximately $3,863,000.

Other large investors also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Healthpeak Properties during the 2nd quarter valued at $66,000. Point72 DIFC Ltd bought a new position in Healthpeak Properties during the second quarter valued at about $161,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Healthpeak Properties during the second quarter valued at about $9,024,000. Centaurus Financial Inc. acquired a new stake in shares of Healthpeak Properties in the second quarter worth about $227,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $108,000. 93.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DOC shares. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Evercore ISI lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Royal Bank of Canada upped their price objective 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. Citigroup lifted their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 22nd. Finally, Scotiabank boosted their target price 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. One 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.93.

Healthpeak Properties Price Performance

Shares of DOC stock opened at $20.76 on Friday. Healthpeak Properties, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26. The company has a market capitalization of $14.52 billion, a P/E ratio of 44.17, a P/E/G ratio of 2.37 and a beta of 1.13. The stock has a 50 day moving average of $21.94 and a two-hundred day moving average of $21.35. The company has a current ratio of 1.31, a quick 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 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.32). The firm had revenue of $700.40 million during the quarter, compared to analyst estimates of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 earnings per share. As a group, equities analysts expect that Healthpeak Properties, Inc. will post 1.8 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.78%. The ex-dividend date was Monday, November 4th. Healthpeak Properties’s dividend payout ratio (DPR) 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.