Fuller & Thaler Asset Management Inc. Boosts Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Fuller & Thaler Asset Management Inc. increased its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 10.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,267,917 shares of the real estate investment trust's stock after purchasing an additional 1,651,235 shares during the period. Healthpeak Properties makes up 1.3% of Fuller & Thaler Asset Management Inc.'s holdings, making the stock its 6th largest position. Fuller & Thaler Asset Management Inc. owned approximately 2.47% of Healthpeak Properties worth $350,021,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock worth $493,115,000 after buying an additional 4,056,931 shares in the last quarter. Diamant Asset Management Inc. acquired a new position in Healthpeak Properties during the 3rd quarter worth approximately $564,000. Vert Asset Management LLC grew its stake in shares of Healthpeak Properties by 11.1% during the 4th quarter. Vert Asset Management LLC now owns 304,219 shares of the real estate investment trust's stock worth $6,167,000 after acquiring an additional 30,461 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Healthpeak Properties by 25.7% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 109,200 shares of the real estate investment trust's stock valued at $2,213,000 after purchasing an additional 22,300 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Healthpeak Properties by 16.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 110,498 shares of the real estate investment trust's stock worth $2,217,000 after purchasing an additional 15,753 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Stock Performance

DOC traded down $0.97 during trading hours on Friday, reaching $17.84. The company's stock had a trading volume of 11,084,354 shares, compared to its average volume of 4,913,020. The company's 50-day moving average is $19.57 and its 200-day moving average is $20.57. Healthpeak Properties, Inc. has a 52 week low of $17.33 and a 52 week high of $23.26. The firm has a market cap of $12.48 billion, a PE ratio of 50.97, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The company had revenue of $702.89 million for the quarter, compared to analyst estimates of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. On average, equities analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed 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. This represents a dividend yield of 6.5%. The ex-dividend date of this dividend is Thursday, April 17th. Healthpeak Properties's dividend payout ratio is presently 348.57%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DOC shares. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday. Wedbush reaffirmed an "outperform" rating and issued a $24.00 target price on shares of Healthpeak Properties in a research report on Friday, April 11th. Scotiabank dropped their target price 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. Robert W. Baird decreased their price target on 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, Morgan Stanley upgraded Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price objective on the stock in a research note on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Healthpeak Properties presently 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.