Caisse Des Depots ET Consignations Buys New Shares in Healthpeak Properties, Inc. (NYSE:DOC)

Caisse Des Depots ET Consignations purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 37,936 shares of the real estate investment trust’s stock, valued at approximately $769,000.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $1,093,576,000. JPMorgan Chase & Co. lifted its stake in Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after purchasing an additional 4,056,931 shares during the period. Principal Financial Group Inc. boosted its holdings in Healthpeak Properties by 2,113.5% during the fourth quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock valued at $367,575,000 after purchasing an additional 17,314,572 shares in the last quarter. Geode Capital Management LLC acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $403,898,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Healthpeak Properties by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,153,450 shares of the real estate investment trust’s stock worth $205,810,000 after buying an additional 53,392 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DOC shares. Mizuho cut their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Wedbush cut their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Robert W. Baird decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Wells Fargo & Company cut their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. Finally, StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 22nd. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $23.92.

Healthpeak Properties Trading Down 0.4 %

Shares of DOC stock opened at $20.24 on Friday. Healthpeak Properties, Inc. has a 12-month low of $17.80 and a 12-month high of $23.26. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The company has a 50 day moving average of $20.24 and a 200-day moving average of $21.12. The firm has a market cap of $14.16 billion, a P/E ratio of 57.82, a PEG ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were issued a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.03%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 14th. Healthpeak Properties’s dividend payout ratio is presently 348.57%.

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.