Shufro Rose & Co. LLC Has $669,000 Position in Healthpeak Properties, Inc. (NYSE:DOC)

Shufro Rose & Co. LLC reduced its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 18.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 32,990 shares of the real estate investment trust’s stock after selling 7,243 shares during the quarter. Shufro Rose & Co. LLC’s holdings in Healthpeak Properties were worth $669,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Townsquare Capital LLC lifted its holdings in shares of Healthpeak Properties by 5.9% during the fourth quarter. Townsquare Capital LLC now owns 10,461 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 584 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of Healthpeak Properties by 10.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock worth $133,000 after buying an additional 598 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Healthpeak Properties by 3.0% during the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust’s stock worth $422,000 after buying an additional 613 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Healthpeak Properties by 4.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust’s stock worth $337,000 after buying an additional 700 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI lifted its holdings in shares of Healthpeak Properties by 3.9% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock worth $420,000 after buying an additional 797 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Stock Performance

Shares of NYSE:DOC opened at $16.86 on Monday. The business’s fifty day moving average price is $18.46 and its two-hundred day moving average price is $19.86. Healthpeak Properties, Inc. has a fifty-two week low of $16.64 and a fifty-two week high of $23.26. The stock has a market capitalization of $11.71 billion, a price-to-earnings ratio of 48.17, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. 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 (NYSE:DOC) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The firm had revenue of $702.89 million for the quarter, compared to analysts’ expectations of $690.76 million. During the same period in the prior year, the business posted $0.45 earnings per share. The business’s revenue was up 15.9% compared to the same quarter last year. As a group, analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

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

Wall Street Analysts Forecast Growth

DOC has been the subject of a number of research analyst reports. Scotiabank cut their price target on Healthpeak Properties from $23.00 to $21.00 and set a “sector outperform” rating for the company in a report on Monday, May 12th. Robert W. Baird cut their target price on Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, April 29th. Argus restated a “buy” rating and issued a $25.00 target price on shares of Healthpeak Properties in a research note on Tuesday, April 29th. Wall Street Zen lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Thursday, May 1st. Finally, Evercore ISI cut their target price on Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and a consensus price target of $23.45.

Insider Buying and Selling at Healthpeak Properties

In related news, Director John T. Thomas purchased 4,200 shares of the stock in a transaction on Monday, April 28th. The shares were purchased at an average cost of $17.84 per share, for a total transaction of $74,928.00. Following the completion of the transaction, the director now directly owns 813,566 shares of the company’s stock, valued at approximately $14,514,017.44. The trade was a 0.52% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Tommy G. Thompson acquired 5,700 shares of Healthpeak Properties stock in a transaction on Friday, May 9th. The stock was acquired at an average cost of $17.36 per share, for a total transaction of $98,952.00. Following the purchase, the director now owns 138,513 shares of the company’s stock, valued at approximately $2,404,585.68. This represents a 4.29% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 23,987 shares of company stock worth $422,141 over the last three months. Company 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.