Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Aviva PLC

Aviva PLC decreased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 58.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 486,252 shares of the real estate investment trust's stock after selling 671,866 shares during the period. Aviva PLC owned about 0.07% of Healthpeak Properties worth $9,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. HighTower Advisors LLC acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $4,141,000. Janus Henderson Group PLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $1,779,000. Integrated Wealth Concepts LLC acquired a new stake in Healthpeak Properties in the 3rd quarter worth about $347,000. Point72 Asset Management L.P. increased its stake in Healthpeak Properties by 1,569.7% during the 3rd quarter. Point72 Asset Management L.P. now owns 118,500 shares of the real estate investment trust's stock worth $2,710,000 after buying an additional 111,403 shares in the last quarter. Finally, Stifel Financial Corp acquired a new position in shares of Healthpeak Properties during the third quarter valued at approximately $8,804,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Trading Up 1.8 %

NYSE:DOC traded up $0.33 on Monday, reaching $18.49. The company's stock had a trading volume of 596,850 shares, compared to its average volume of 4,884,906. Healthpeak Properties, Inc. has a 12-month low of $17.33 and a 12-month high of $23.26. The stock has a 50 day moving average price of $19.79 and a 200 day moving average price of $20.81. The firm has a market cap of $12.93 billion, a price-to-earnings ratio of 52.83, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

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Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.1017 per share. This represents a $1.22 annualized dividend and a yield of 6.60%. The ex-dividend date of this dividend is Monday, June 16th. Healthpeak Properties's dividend payout ratio (DPR) is presently 348.57%.

Wall Street Analyst Weigh In

Several analysts recently commented on DOC shares. Morgan Stanley upgraded Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target for the company in a research report on Wednesday, January 15th. Wedbush reiterated an "outperform" rating and issued a $24.00 target price on shares of Healthpeak Properties in a research report on Friday. StockNews.com upgraded shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 22nd. Robert W. Baird cut their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Finally, Scotiabank lowered their target price on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $23.83.

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.