Hudson Bay Capital Management LP Buys 249,635 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Hudson Bay Capital Management LP increased its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 42.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 839,518 shares of the real estate investment trust’s stock after buying an additional 249,635 shares during the quarter. Hudson Bay Capital Management LP’s holdings in Healthpeak Properties were worth $17,017,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DOC. Barclays PLC purchased a new position in shares of Healthpeak Properties during the 3rd quarter worth about $35,078,000. Franklin Resources Inc. purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $3,224,000. Principal Financial Group Inc. bought a new position in shares of Healthpeak Properties during the third quarter valued at approximately $18,736,000. JPMorgan Chase & Co. raised its holdings in shares of Healthpeak Properties by 23.2% in the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after buying an additional 4,056,931 shares during the period. Finally, Diversified Trust Co lifted its stake in shares of Healthpeak Properties by 139.4% during the 4th quarter. Diversified Trust Co now owns 24,088 shares of the real estate investment trust’s stock worth $488,000 after acquiring an additional 14,027 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DOC has been the topic of several research analyst reports. Robert W. Baird reduced their target price on Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 29th. Wedbush reduced their price target on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research note on Monday, April 28th. Argus reissued a “buy” rating and issued a $25.00 price objective on shares of Healthpeak Properties in a research report on Tuesday, April 29th. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st. Finally, Evercore ISI lowered their price target on Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating for the company in a report on Monday, April 28th. 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 company’s stock. According to data from MarketBeat, Healthpeak Properties has an average rating of “Moderate Buy” and an average target price of $23.42.

Healthpeak Properties Trading Up 0.6 %

Shares of NYSE DOC opened at $17.50 on Friday. The business has a fifty day moving average price of $19.08 and a 200 day moving average price of $20.24. Healthpeak Properties, Inc. has a 1-year low of $17.21 and a 1-year high of $23.26. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a market capitalization of $12.16 billion, a P/E ratio of 50.00, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last released 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. The business had revenue of $702.89 million for the quarter, compared to analysts’ expectations of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The company’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business earned $0.45 EPS. Equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th were issued a dividend of $0.1017 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a dividend yield of 6.5%. Healthpeak Properties’s dividend payout ratio is presently 305.00%.

Insider Transactions at Healthpeak Properties

In other Healthpeak Properties news, CEO Scott M. Brinker purchased 11,337 shares of the firm’s stock in a transaction on Monday, April 28th. The stock was bought at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the completion of the purchase, the chief executive officer now owns 201,863 shares in the company, valued at $3,568,937.84. This represents a 5.95 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John T. Thomas purchased 4,200 shares of the company’s stock in a transaction dated Monday, April 28th. The shares were acquired at an average price of $17.84 per share, for a total transaction of $74,928.00. Following the purchase, 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 disclosure for this purchase can be found here. 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.