Cornerstone Capital Inc. Has $7.12 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

Cornerstone Capital Inc. cut its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 17.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 351,049 shares of the real estate investment trust's stock after selling 72,675 shares during the period. Cornerstone Capital Inc. owned 0.05% of Healthpeak Properties worth $7,116,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. increased its holdings in shares of Healthpeak Properties by 2,113.5% during the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust's stock worth $367,575,000 after acquiring an additional 17,314,572 shares during the last quarter. Norges Bank bought a new position in shares of Healthpeak Properties in the fourth quarter valued at about $166,804,000. Long Pond Capital LP bought a new stake in shares of Healthpeak Properties during the 4th quarter worth about $86,885,000. JPMorgan Chase & Co. grew its stake in Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock valued at $493,115,000 after buying an additional 4,056,931 shares during the last quarter. Finally, National Bank of Canada FI raised its holdings in Healthpeak Properties by 56,120.9% in the 4th quarter. National Bank of Canada FI now owns 1,686,065 shares of the real estate investment trust's stock valued at $34,181,000 after acquiring an additional 1,683,066 shares during the period. 93.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DOC has been the topic of several research reports. Robert W. Baird decreased their target price on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Wedbush reissued an "outperform" rating and set a $24.00 target price on shares of Healthpeak Properties in a report on Friday, April 11th. Morgan Stanley upgraded 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 research note on Wednesday, January 15th. StockNews.com cut shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Monday, April 14th. Finally, Scotiabank decreased their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $23.83.

Healthpeak Properties Price Performance

Shares of DOC stock traded down $0.32 on Monday, hitting $18.43. 4,307,002 shares of the company's stock were exchanged, compared to its average volume of 4,903,509. Healthpeak Properties, Inc. has a 12 month low of $17.33 and a 12 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 50 day moving average of $19.66 and a 200 day moving average of $20.65. The stock has a market cap of $12.89 billion, a P/E ratio of 52.66, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02.

Healthpeak Properties Announces Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be issued a dividend of $0.1017 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 6.5%. Healthpeak Properties's dividend payout ratio (DPR) is presently 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.