Wiser Advisor Group LLC Invests $42,000 in Healthpeak Properties, Inc. (NYSE:DOC)

Wiser Advisor Group LLC acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,843 shares of the real estate investment trust’s stock, valued at approximately $42,000.

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

Healthpeak Properties Price Performance

Shares of NYSE DOC traded up $0.29 during trading on Monday, reaching $21.91. The company had a trading volume of 184,022 shares, compared to its average volume of 5,697,758. 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, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The stock has a 50-day moving average price of $22.18 and a two-hundred day moving average price of $21.16. The stock has a market capitalization of $15.32 billion, a PE ratio of 46.00, a price-to-earnings-growth ratio of 2.41 and a beta of 1.13.

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 company had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $682.51 million. Healthpeak Properties had a return on equity of 3.53% and a net margin of 12.10%. The company’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 EPS. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a dividend of $0.30 per share. The ex-dividend date was Monday, November 4th. This represents a $1.20 dividend on an annualized basis and a yield of 5.48%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 255.32%.

Analysts Set New Price Targets

DOC has been the topic of a number of recent research reports. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Evercore ISI boosted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Scotiabank increased their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a research note on Monday, September 9th. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and upped their price target for the stock from $20.00 to $28.00 in a report on Monday, October 21st. Finally, Citigroup raised their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties has an average rating of “Moderate Buy” and an average target price of $22.86.

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.