Toronto Dominion Bank Has $9.39 Million Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Toronto Dominion Bank raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 32.3% during the 4th quarter, HoldingsChannel reports. The fund owned 463,115 shares of the real estate investment trust’s stock after purchasing an additional 113,182 shares during the period. Toronto Dominion Bank’s holdings in Healthpeak Properties were worth $9,387,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Barclays PLC purchased a new position in Healthpeak Properties during the third quarter valued at approximately $35,078,000. JPMorgan Chase & Co. boosted its stake in shares of Healthpeak Properties by 23.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock valued at $493,115,000 after buying an additional 4,056,931 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Healthpeak Properties by 18.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 29,143 shares of the real estate investment trust’s stock valued at $591,000 after buying an additional 4,446 shares during the period. Park Avenue Securities LLC grew its holdings in shares of Healthpeak Properties by 11.6% during the 4th quarter. Park Avenue Securities LLC now owns 24,700 shares of the real estate investment trust’s stock valued at $501,000 after acquiring an additional 2,567 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new position in shares of Healthpeak Properties in the fourth quarter worth $506,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Argus reissued a “buy” rating and set a $25.00 price objective on shares of Healthpeak Properties in a research report on Tuesday, April 29th. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Thursday, May 1st. Robert W. Baird dropped their price objective on Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, April 29th. Evercore ISI reduced their target price on shares of Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. Finally, Scotiabank dropped their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set a “sector outperform” rating on the stock in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $23.45.

Insider Transactions at Healthpeak Properties

In other news, CEO Scott M. Brinker purchased 2,750 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average cost of $17.39 per share, for a total transaction of $47,822.50. Following the completion of the purchase, the chief executive officer now directly owns 204,613 shares of the company’s stock, valued at approximately $3,558,220.07. The trade was a 1.36% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John T. Thomas acquired 4,200 shares of Healthpeak Properties stock in a transaction on Monday, April 28th. The stock was purchased at an average price of $17.84 per share, with a total value of $74,928.00. Following the transaction, the director now directly owns 813,566 shares in the company, valued at approximately $14,514,017.44. This trade represents a 0.52% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 23,987 shares of company stock worth $422,141. Insiders own 0.23% of the company’s stock.

Healthpeak Properties Stock Down 1.3%

Healthpeak Properties stock opened at $17.49 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. Healthpeak Properties, Inc. has a fifty-two week low of $16.90 and a fifty-two week high of $23.26. The firm has a fifty day moving average price of $18.68 and a two-hundred day moving average price of $19.99. The firm has a market cap of $12.15 billion, a price-to-earnings ratio of 49.97, a P/E/G ratio of 2.17 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The business had revenue of $702.89 million during the quarter, compared to analysts’ expectations of $690.76 million. During the same quarter in the previous year, the firm earned $0.45 EPS. The firm’s revenue was up 15.9% compared to the same quarter last year. As a group, analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th will be given a $0.1017 dividend. The ex-dividend date is Monday, May 19th. This represents a dividend yield of 7.05%. Healthpeak Properties’s dividend payout ratio is 305.00%.

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.