Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 0.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,372,508 shares of the real estate investment trust's stock after acquiring an additional 31,529 shares during the period. American Century Companies Inc. owned approximately 0.77% of Healthpeak Properties worth $108,901,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $1,880,000. Pathstone Holdings LLC bought a new position in shares of Healthpeak Properties during the third quarter worth about $1,968,000. PNC Financial Services Group Inc. bought a new position in shares of Healthpeak Properties during the third quarter worth about $4,030,000. Avior Wealth Management LLC bought a new stake in Healthpeak Properties in the third quarter valued at about $37,000. Finally, Commerce Bank acquired a new stake in Healthpeak Properties during the third quarter valued at approximately $400,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on DOC shares. Robert W. Baird lowered their price target on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Morgan Stanley raised shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target for the company in a report on Wednesday, January 15th. Scotiabank dropped 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 note on Friday, February 28th. Mizuho decreased their target price on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Thursday, December 5th. Finally, StockNews.com raised Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Saturday, March 22nd. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $23.92.

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Healthpeak Properties Stock Performance

DOC stock traded down $0.08 during trading on Thursday, reaching $20.24. 3,573,520 shares of the company's stock were exchanged, compared to its average volume of 4,614,098. The firm has a market cap of $14.16 billion, a PE ratio of 57.82, a P/E/G ratio of 2.17 and a beta of 1.14. 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, Inc. has a 1-year low of $17.70 and a 1-year high of $23.26. The company's fifty day moving average price is $20.25 and its 200-day moving average price is $21.13.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were issued a $0.305 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 6.03%. Healthpeak Properties's dividend payout ratio (DPR) is 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.