Asset Management One Co. Ltd. Increases Position in Healthpeak Properties, Inc. (NYSE:DOC)

Asset Management One Co. Ltd. increased its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,327,409 shares of the real estate investment trust's stock after purchasing an additional 18,528 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.19% of Healthpeak Properties worth $26,654,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. HM Payson & Co. bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $25,000. S.A. Mason LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $26,000. Fortitude Family Office LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $32,000. Barrett & Company Inc. bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $33,000. Finally, Riverview Trust Co bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $35,000. Institutional investors own 93.57% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Morgan Stanley raised shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target on the stock in a report on Wednesday, January 15th. StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and boosted their target price for the company from $20.00 to $28.00 in a report on Monday, October 21st. Wedbush lowered their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a report on Friday. Finally, Robert W. Baird lowered their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $24.00.

Healthpeak Properties Price Performance

Shares of DOC traded down $0.02 during mid-day trading on Tuesday, reaching $19.57. 1,169,383 shares of the stock traded hands, compared to its average volume of 4,718,872. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The firm has a fifty day moving average price of $20.32 and a 200 day moving average price of $21.44. The company has a market cap of $13.69 billion, a price-to-earnings ratio of 55.84, a price-to-earnings-growth ratio of 2.18 and a beta of 1.15. The company has a current ratio of 1.35, a quick ratio of 1.31 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a $0.305 dividend. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a yield of 6.24%. Healthpeak Properties's payout ratio is 342.87%.

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.