Vanguard Group Inc. Sells 500,564 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Vanguard Group Inc. decreased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 111,646,375 shares of the real estate investment trust’s stock after selling 500,564 shares during the quarter. Vanguard Group Inc. owned about 0.16% of Healthpeak Properties worth $2,263,072,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AdvisorNet Financial Inc raised its holdings in Healthpeak Properties by 34.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 563 shares during the period. 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 worth $133,000 after buying an additional 598 shares during the period. Commerzbank Aktiengesellschaft FI lifted its holdings in Healthpeak Properties by 3.9% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock worth $420,000 after acquiring an additional 797 shares in the last quarter. Mirador Capital Partners LP grew its stake in Healthpeak Properties by 2.8% in the fourth quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock valued at $672,000 after acquiring an additional 901 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Healthpeak Properties by 10.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 927 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DOC. Mizuho cut their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Wells Fargo & Company lowered their price objective on shares of 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. Scotiabank cut their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research report on Friday, February 28th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 22nd. Finally, Robert W. Baird cut their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Four 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Stock Up 0.8 %

DOC stock opened at $20.32 on Thursday. The company has a market cap of $14.21 billion, a price-to-earnings ratio of 58.04, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a twelve month low of $17.70 and a twelve month high of $23.26. The business has a 50 day moving average price of $20.25 and a two-hundred day moving average price of $21.13. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 6.01%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties’s payout ratio is presently 348.57%.

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.