Foundry Partners LLC Has $13.75 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Foundry Partners LLC raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 23.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 678,555 shares of the real estate investment trust's stock after buying an additional 127,515 shares during the period. Foundry Partners LLC owned approximately 0.10% of Healthpeak Properties worth $13,754,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC lifted its holdings in Healthpeak Properties by 24.9% in the 4th quarter. Arete Wealth Advisors LLC now owns 25,029 shares of the real estate investment trust's stock valued at $506,000 after acquiring an additional 4,986 shares during the last quarter. World Investment Advisors boosted its holdings in Healthpeak Properties by 21.6% during the fourth quarter. World Investment Advisors now owns 15,491 shares of the real estate investment trust's stock worth $314,000 after buying an additional 2,748 shares in the last quarter. Westpac Banking Corp acquired a new position in Healthpeak Properties in the fourth quarter worth approximately $2,727,000. Huntington National Bank lifted its position in shares of Healthpeak Properties by 3.0% during the 4th quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust's stock valued at $422,000 after acquiring an additional 613 shares during the last quarter. Finally, Headlands Technologies LLC boosted its stake in shares of Healthpeak Properties by 16.7% during the 4th quarter. Headlands Technologies LLC now owns 9,302 shares of the real estate investment trust's stock worth $189,000 after acquiring an additional 1,328 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. StockNews.com upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 22nd. Wells Fargo & Company dropped their target price on shares of 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. Scotiabank reduced their price target on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Wedbush decreased their target price on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. Finally, Robert W. Baird dropped their price target 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. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $23.83.

Healthpeak Properties Stock Down 2.4 %

NYSE:DOC traded down $0.43 during mid-day trading on Wednesday, reaching $17.56. The stock had a trading volume of 2,103,733 shares, compared to its average volume of 4,869,482. 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 stock has a market cap of $12.28 billion, a P/E ratio of 49.93, a PEG ratio of 2.17 and a beta of 1.02. The business's 50 day moving average is $19.95 and its 200 day moving average is $20.93. Healthpeak Properties, Inc. has a fifty-two week low of $17.35 and a fifty-two week high of $23.26.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 16th will be issued 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 6.95%. Healthpeak Properties's dividend payout ratio is currently 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.