IQ EQ FUND MANAGEMENT IRELAND Ltd raised its position in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 10.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,180 shares of the real estate investment trust’s stock after acquiring an additional 7,751 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Healthpeak Properties were worth $1,456,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of DOC. TCTC Holdings LLC boosted its position in Healthpeak Properties by 124.3% during the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 751 shares in the last quarter. Brooklyn Investment Group lifted its holdings in shares of Healthpeak Properties by 198.9% during the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 873 shares during the last quarter. Dagco Inc. purchased a new position in shares of Healthpeak Properties during the first quarter valued at approximately $30,000. AlphaQuest LLC purchased a new position in shares of Healthpeak Properties during the second quarter valued at approximately $34,000. Finally, GKV Capital Management Co. Inc. purchased a new position in shares of Healthpeak Properties during the first quarter valued at approximately $36,000. 93.57% of the stock is owned by institutional investors.
Healthpeak Properties Price Performance
Shares of NYSE DOC opened at $18.03 on Wednesday. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $23.05. The firm has a market cap of $12.53 billion, a P/E ratio of -360.43, a PEG ratio of 3.25 and a beta of 1.09. The company has a 50 day moving average of $18.37 and a 200 day moving average of $17.90. The company has a quick ratio of 1.28, a current ratio of 1.22 and a debt-to-equity ratio of 1.11.
Healthpeak Properties Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be given a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Friday, December 19th. Healthpeak Properties’s payout ratio is -2,440.00%.
Insider Buying and Selling
In related news, CEO Scott M. Brinker bought 1,490 shares of the business’s stock in a transaction on Monday, August 4th. The stock was acquired at an average price of $16.83 per share, with a total value of $25,076.70. Following the transaction, the chief executive officer owned 211,906 shares in the company, valued at approximately $3,566,377.98. This trade represents a 0.71% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have purchased 5,910 shares of company stock valued at $100,139. Insiders own 0.23% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on DOC shares. Cantor Fitzgerald started coverage on shares of Healthpeak Properties in a report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 target price for the company. Wall Street Zen lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Monday, July 7th. Scotiabank lowered shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $21.00 to $19.00 in a report on Tuesday, July 29th. Morgan Stanley lowered their target price on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Raymond James Financial upgraded shares of Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 target price for the company in a report on Monday, September 15th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and a consensus price target of $21.33.
Check Out Our Latest Stock Analysis on Healthpeak Properties
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.
Featured Stories
- Five stocks we like better than Healthpeak Properties
- How to Invest in Blue Chip Stocks
- The Drone Arms Race: From Battlefield to Balance Sheet
- 3 Warren Buffett Stocks to Buy Now
- Why Wall Street Is Backing These 3 Comeback Stocks
- What is an Earnings Surprise?
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding DOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthpeak Properties, Inc. (NYSE:DOC – Free Report).
Receive News & Ratings for Healthpeak Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthpeak Properties and related companies with MarketBeat.com's FREE daily email newsletter.
