Landscape Capital Management L.L.C. Invests $1.01 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Landscape Capital Management L.L.C. acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 44,187 shares of the real estate investment trust’s stock, valued at approximately $1,011,000.

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

Healthpeak Properties Trading Down 0.4 %

NYSE:DOC opened at $21.62 on Friday. The stock has a fifty day simple moving average of $22.20 and a 200 day simple moving average of $21.11. The firm has a market capitalization of $15.12 billion, a price-to-earnings ratio of 46.00, a price-to-earnings-growth ratio of 2.38 and a beta of 1.13. Healthpeak Properties, Inc. has a 1-year low of $16.01 and a 1-year high of $23.26. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data 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 analysts’ expectations of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. Healthpeak Properties’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 earnings per share. Sell-side analysts forecast 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. Stockholders of record on Monday, November 4th were given 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 5.55%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 255.32%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on DOC shares. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Royal Bank of Canada lifted their target price on Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and upped their target price for the company from $20.00 to $28.00 in a report on Monday, October 21st. Citigroup raised their price target on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 22nd. Finally, Wells Fargo & Company restated an “equal weight” rating and set a $23.00 price objective (up from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $22.86.

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.