RS Crum Inc. Invests $441,000 in Healthpeak Properties, Inc. (NYSE:DOC)

RS Crum Inc. acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 19,269 shares of the real estate investment trust’s stock, valued at approximately $441,000.

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

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Royal Bank of Canada raised their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Wells Fargo & Company reissued an “equal weight” rating and issued a $23.00 price target (up previously from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, October 1st. Scotiabank lifted their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the stock a “sector outperform” rating in a research note on Monday, September 9th. Citigroup increased their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, August 22nd. Finally, Evercore ISI raised their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.86.

Healthpeak Properties Trading Up 1.6 %

DOC opened at $22.33 on Wednesday. The company has a fifty day moving average price of $22.18 and a two-hundred day moving average price of $21.20. Healthpeak Properties, Inc. has a 1-year low of $16.01 and a 1-year high of $23.26. The company has a market cap of $15.62 billion, a P/E ratio of 47.51, a price-to-earnings-growth ratio of 2.45 and a beta of 1.13. 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). Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The firm had revenue of $700.40 million during the quarter, compared to the consensus estimate of $682.51 million. During the same period in the previous year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 25.9% on a year-over-year basis. Analysts predict that Healthpeak Properties, Inc. will post 1.8 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%.

Healthpeak Properties Company 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.