Title: Man Steals 2.2 Million From Company, Resigns to Become a Gang Leader Driven by Vanity
The political turmoil in South Korea has been further exacerbated by the upcoming presidential election, which is scheduled to take place later this year. The arrest of Yoon Suk-yeol has thrown the election into disarray, with many questioning how his arrest will impact the outcome of the race.JPMorgan Chase & Co. lifted its position in shares of Healthpeak Properties, Inc. ( NYSE:DOC – Free Report ) by 23.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 21,561,640 shares of the real estate investment trust’s stock after buying an additional 4,056,931 shares during the period. JPMorgan Chase & Co.’s holdings in Healthpeak Properties were worth $493,115,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also modified their holdings of the company. Principal Financial Group Inc. purchased a new stake in Healthpeak Properties during the third quarter worth $18,736,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $745,000. Retirement Systems of Alabama purchased a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $12,765,000. Franklin Resources Inc. acquired a new stake in Healthpeak Properties in the 3rd quarter valued at about $3,224,000. Finally, Tidal Investments LLC purchased a new position in Healthpeak Properties during the 3rd quarter valued at about $1,586,000. Institutional investors and hedge funds own 93.57% of the company’s stock. Analyst Upgrades and Downgrades Several analysts have issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. Scotiabank increased their target price on Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a report on Monday, September 9th. Robert W. Baird boosted their price target on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Evercore ISI increased their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.62. Healthpeak Properties Price Performance Healthpeak Properties stock opened at $20.08 on Friday. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a 50 day moving average price of $21.59 and a 200 day moving average price of $21.42. The company has a market cap of $14.04 billion, a price-to-earnings ratio of 42.72, a PEG ratio of 2.37 and a beta of 1.13. Healthpeak Properties ( NYSE:DOC – Get Free Report ) last announced its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 12.10% and a return on equity of 3.53%. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 earnings per share. 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 disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.98%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%. About Healthpeak Properties ( Free Report ) 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. See Also 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 .
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