Generali Asset Management SPA SGR Buys New Shares in Healthpeak Properties, Inc. (NYSE:DOC)

Generali Asset Management SPA SGR purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 132,689 shares of the real estate investment trust's stock, valued at approximately $2,690,000.

Several other hedge funds have also made changes to their positions in the company. Avior Wealth Management LLC acquired a new stake in Healthpeak Properties during the 3rd quarter valued at $37,000. Wiser Advisor Group LLC acquired a new position in Healthpeak Properties during the third quarter valued at $42,000. Continuum Advisory LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth about $44,000. AdvisorNet Financial Inc boosted its position in 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 during the period. Finally, Kestra Investment Management LLC acquired a new stake in Healthpeak Properties during the 4th quarter worth about $45,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on DOC shares. Scotiabank decreased 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 report on Friday, February 28th. Mizuho 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 Thursday, December 5th. StockNews.com upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Saturday. Wedbush lowered their target price on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target for the company in a research note on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $23.92.

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Healthpeak Properties Stock Performance

DOC traded up $0.42 during trading on Monday, hitting $20.45. The stock had a trading volume of 3,344,719 shares, compared to its average volume of 4,630,014. The firm has a market cap of $14.30 billion, a PE ratio of 58.42, a P/E/G ratio of 2.17 and a beta of 1.14. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 12 month low of $17.45 and a 12 month high of $23.26. The company has a 50 day simple moving average of $20.24 and a 200-day simple moving average of $21.16.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were issued a dividend of $0.305 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.97%. 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.