Sapient Capital LLC Takes $165,000 Position in Healthpeak Properties, Inc. (NYSE:DOC)

Sapient Capital LLC purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 12,400 shares of the real estate investment trust’s stock, valued at approximately $165,000.

A number of other institutional investors have also made changes to their positions in DOC. Leeward Investments LLC MA bought a new stake in shares of Healthpeak Properties in the 4th quarter valued at approximately $13,038,000. abrdn plc grew its holdings in shares of Healthpeak Properties by 1,749.1% during the fourth quarter. abrdn plc now owns 919,351 shares of the real estate investment trust’s stock worth $12,237,000 after purchasing an additional 869,631 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Healthpeak Properties by 44.7% in the 3rd quarter. First Eagle Investment Management LLC now owns 766,208 shares of the real estate investment trust’s stock valued at $9,340,000 after acquiring an additional 236,750 shares during the period. Victory Capital Management Inc. boosted its stake in Healthpeak Properties by 9.9% during the 3rd quarter. Victory Capital Management Inc. now owns 2,183,206 shares of the real estate investment trust’s stock worth $26,613,000 after acquiring an additional 196,861 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Healthpeak Properties by 3.3% in the third quarter. Bank of New York Mellon Corp now owns 5,657,838 shares of the real estate investment trust’s stock valued at $68,969,000 after purchasing an additional 181,773 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Stock Down 0.2 %

Healthpeak Properties stock opened at $19.16 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.69 and a quick ratio of 0.69. The company’s 50-day moving average is $17.90 and its 200-day moving average is $14.17. The firm has a market capitalization of $13.48 billion, a PE ratio of 54.73, a P/E/G ratio of 1.87 and a beta of 1.01. Healthpeak Properties, Inc. has a fifty-two week low of $15.24 and a fifty-two week high of $22.38.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Monday, May 6th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Friday, May 3rd. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.23. Healthpeak Properties’s payout ratio is 342.86%.

Analysts Set New Price Targets

A number of analysts recently commented on DOC shares. Royal Bank of Canada upped their price objective on shares of Healthpeak Properties from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th. Wedbush upgraded shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating in a report on Friday, May 3rd. BNP Paribas raised shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $19.00 to $21.00 in a research report on Friday, April 26th. Wells Fargo & Company assumed coverage on Healthpeak Properties in a research note on Monday, March 25th. They issued an “equal weight” rating and a $19.00 price target on the stock. Finally, StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Healthpeak Properties presently has a consensus rating of “Hold” and an average target price of $18.50.

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.