AlphaMark Advisors LLC Increases Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

AlphaMark Advisors LLC increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 27.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,335 shares of the real estate investment trust’s stock after purchasing an additional 8,815 shares during the period. AlphaMark Advisors LLC’s holdings in Healthpeak Properties were worth $838,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC raised its stake in Healthpeak Properties by 10.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 598 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Healthpeak Properties by 20.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 5,697 shares of the real estate investment trust’s stock worth $115,000 after acquiring an additional 968 shares during the period. HB Wealth Management LLC grew its holdings in shares of Healthpeak Properties by 85.1% in the fourth quarter. HB Wealth Management LLC now owns 16,414 shares of the real estate investment trust’s stock worth $333,000 after acquiring an additional 7,546 shares during the period. Merit Financial Group LLC purchased a new stake in Healthpeak Properties during the fourth quarter valued at $506,000. Finally, Goldstone Financial Group LLC boosted its position in Healthpeak Properties by 19.3% in the fourth quarter. Goldstone Financial Group LLC now owns 11,078 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 1,793 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

NYSE DOC opened at $20.82 on Friday. 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, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The business has a 50-day moving average price of $20.83 and a 200-day moving average price of $21.54. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 44.29, a price-to-earnings-growth ratio of 2.21 and a beta of 1.14.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.32). The business had revenue of $700.40 million during the quarter, compared to the consensus estimate 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 previous year, the company earned $0.45 earnings per share. As a group, equities research analysts predict that Healthpeak Properties, Inc. will post 1.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DOC. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and upped their price target for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Royal Bank of Canada upped their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Mizuho decreased their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Finally, Wells Fargo & Company decreased their target price on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $24.15.

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.