Healthpeak Properties, Inc. (NYSE:DOC) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 36.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 375,986 shares of the real estate investment trust's stock after purchasing an additional 100,570 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.05% of Healthpeak Properties worth $7,621,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. AdvisorNet Financial Inc increased its holdings 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 buying an additional 563 shares during the last quarter. Exchange Traded Concepts LLC increased its stake in Healthpeak Properties by 10.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust's stock worth $133,000 after acquiring an additional 598 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Healthpeak Properties by 3.9% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust's stock worth $420,000 after purchasing an additional 797 shares during the period. Mirador Capital Partners LP grew its holdings in shares of Healthpeak Properties by 2.8% during the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust's stock worth $672,000 after purchasing an additional 901 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in Healthpeak Properties by 10.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust's stock worth $205,000 after purchasing an additional 927 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

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Healthpeak Properties Stock Performance

NYSE:DOC traded up $0.16 during midday trading on Wednesday, reaching $20.32. 3,661,246 shares of the company traded hands, compared to its average volume of 4,624,604. Healthpeak Properties, Inc. has a twelve month low of $17.51 and a twelve month high of $23.26. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The company has a fifty day moving average price of $20.25 and a 200 day moving average price of $21.14. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 58.04, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Healthpeak Properties's previous quarterly dividend of $0.30. Healthpeak Properties's dividend payout ratio (DPR) is 348.57%.

Analyst Ratings Changes

Several brokerages recently issued reports on DOC. Wells Fargo & Company lowered their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating for the company in a report on Tuesday, December 10th. Mizuho decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. 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. Robert W. Baird decreased their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. Finally, Wedbush lowered their price target on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $23.92.

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.