CANADA LIFE ASSURANCE Co Grows Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

CANADA LIFE ASSURANCE Co raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,366,977 shares of the real estate investment trust's stock after acquiring an additional 27,644 shares during the period. CANADA LIFE ASSURANCE Co owned approximately 0.20% of Healthpeak Properties worth $27,712,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Long Pond Capital LP bought a new stake in Healthpeak Properties during the fourth quarter valued at approximately $86,885,000. Zacks Investment Management raised its position in shares of Healthpeak Properties by 6.4% during the 4th quarter. Zacks Investment Management now owns 1,427,638 shares of the real estate investment trust's stock valued at $28,938,000 after buying an additional 86,501 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Healthpeak Properties by 10.5% during the 4th quarter. NewEdge Advisors LLC now owns 14,409 shares of the real estate investment trust's stock worth $292,000 after acquiring an additional 1,371 shares during the last quarter. Insigneo Advisory Services LLC grew its position in Healthpeak Properties by 9.5% in the fourth quarter. Insigneo Advisory Services LLC now owns 15,455 shares of the real estate investment trust's stock worth $313,000 after acquiring an additional 1,339 shares in the last quarter. Finally, United Capital Financial Advisors LLC increased its stake in Healthpeak Properties by 4.5% in the fourth quarter. United Capital Financial Advisors LLC now owns 63,953 shares of the real estate investment trust's stock valued at $1,296,000 after acquiring an additional 2,769 shares during the last quarter. Institutional investors own 93.57% of the company's stock.

Wall Street Analysts Forecast Growth

DOC has been the subject of a number of research reports. Wedbush reiterated an "outperform" rating and issued a $24.00 price objective on shares of Healthpeak Properties in a report on Friday, April 11th. Scotiabank lowered their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. Robert W. Baird reduced 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. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday. Finally, Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price objective on the stock in a research note on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $23.83.

Healthpeak Properties Trading Up 0.1 %

Shares of NYSE:DOC traded up $0.02 on Wednesday, hitting $18.83. The company had a trading volume of 4,721,747 shares, compared to its average volume of 4,904,642. Healthpeak Properties, Inc. has a 1 year low of $17.33 and a 1 year high of $23.26. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The firm's 50-day simple moving average is $19.63 and its two-hundred day simple moving average is $20.63. The firm has a market capitalization of $13.17 billion, a price-to-earnings ratio of 53.80, a P/E/G ratio of 2.17 and a beta of 1.02.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be given a dividend of $0.1017 per share. The ex-dividend date is Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties's payout ratio is 348.57%.

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.