Groupama Asset Managment Has $2.99 Million Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Groupama Asset Managment lowered its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 7.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 149,451 shares of the real estate investment trust's stock after selling 12,496 shares during the period. Groupama Asset Managment's holdings in Healthpeak Properties were worth $2,986,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. The Manufacturers Life Insurance Company bought a new position in Healthpeak Properties in the 3rd quarter worth about $13,062,000. FMR LLC bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $67,058,000. Townsquare Capital LLC acquired a new stake in Healthpeak Properties in the 3rd quarter valued at approximately $226,000. Glenmede Trust Co. NA acquired a new stake in Healthpeak Properties in the 3rd quarter valued at approximately $359,000. Finally, CreativeOne Wealth LLC bought a new stake in Healthpeak Properties during the 3rd quarter valued at $210,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Price Performance

Shares of DOC traded down $1.04 during trading hours on Friday, hitting $18.42. 6,634,080 shares of the company were exchanged, compared to its average volume of 4,855,481. 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 market capitalization of $12.89 billion, a PE ratio of 52.63, a PEG ratio of 2.17 and a beta of 1.14. The firm has a fifty day simple moving average of $20.16 and a 200-day simple moving average of $21.04. Healthpeak Properties, Inc. has a one year low of $17.80 and a one year high of $23.26.

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Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were given a $0.305 dividend. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.62%. Healthpeak Properties's dividend payout ratio (DPR) is 348.57%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DOC. Scotiabank lowered their price target on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a report on Friday, February 28th. Mizuho lowered 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 note on Thursday, December 5th. Wells Fargo & Company dropped their price target 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. Morgan Stanley upgraded 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 report on Wednesday, January 15th. Finally, StockNews.com raised Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Saturday, March 22nd. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target 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.