Centersquare Investment Management LLC Boosts Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Centersquare Investment Management LLC grew its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,215,516 shares of the real estate investment trust's stock after acquiring an additional 398,770 shares during the quarter. Healthpeak Properties comprises about 2.4% of Centersquare Investment Management LLC's portfolio, making the stock its 15th biggest position. Centersquare Investment Management LLC owned approximately 1.60% of Healthpeak Properties worth $227,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd purchased a new position in Healthpeak Properties in the fourth quarter valued at about $30,000. Groupama Asset Managment bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at about $37,000. Continuum Advisory LLC purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $44,000. AdvisorNet Financial Inc raised its stake in shares of Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 563 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in Healthpeak Properties during the fourth quarter valued at approximately $45,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Performance

Shares of NYSE:DOC traded down $0.42 during midday trading on Wednesday, reaching $17.58. The company's stock had a trading volume of 2,445,604 shares, compared to its average volume of 4,919,396. 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 stock has a fifty day moving average of $19.95 and a 200 day moving average of $20.93. Healthpeak Properties, Inc. has a twelve month low of $17.33 and a twelve month high of $23.26. The firm has a market capitalization of $12.29 billion, a PE ratio of 50.22, a P/E/G ratio of 2.17 and a beta of 1.02.

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Healthpeak Properties Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.94%. Healthpeak Properties's payout ratio is currently 348.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company reduced their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Tuesday, December 10th. StockNews.com upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Saturday, March 22nd. Scotiabank dropped their price target on 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. Morgan Stanley raised shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price objective for the company in a research report on Wednesday, January 15th. Finally, Robert W. Baird dropped their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, 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.