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

Fuller & Thaler Asset Management Inc. raised its position in shares of 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 & 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 quarter. Healthpeak Properties accounts for approximately 1.3% of Fuller & Thaler Asset Management Inc.'s holdings, making the stock its 6th biggest position. Fuller & Thaler Asset Management Inc. owned about 2.47% of Healthpeak Properties worth $350,021,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. MGO One Seven LLC raised its stake in Healthpeak Properties by 11.1% during the 4th quarter. MGO One Seven LLC now owns 21,172 shares of the real estate investment trust's stock worth $429,000 after acquiring an additional 2,117 shares during the period. Pinebridge Investments L.P. raised its position in shares of Healthpeak Properties by 8.2% during the 4th quarter. Pinebridge Investments L.P. now owns 313,428 shares of the real estate investment trust's stock valued at $6,353,000 after purchasing an additional 23,848 shares during the period. Altrinsic Global Advisors LLC raised its position in shares of Healthpeak Properties by 0.7% during the 4th quarter. Altrinsic Global Advisors LLC now owns 577,939 shares of the real estate investment trust's stock valued at $11,715,000 after purchasing an additional 4,220 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Healthpeak Properties by 6.7% during the 4th quarter. Hsbc Holdings PLC now owns 2,179,288 shares of the real estate investment trust's stock valued at $44,118,000 after buying an additional 136,422 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Healthpeak Properties by 7.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 41,025 shares of the real estate investment trust's stock worth $832,000 after buying an additional 2,671 shares during the period. Hedge funds and other institutional investors own 93.57% of the company's stock.

Wall Street Analysts Forecast Growth

DOC has been the subject of a number of recent analyst reports. Robert W. Baird dropped their price objective 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. StockNews.com downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday. Wedbush reaffirmed an "outperform" rating and set a $24.00 price objective on shares of Healthpeak Properties in a report on Friday, April 11th. Morgan Stanley raised shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 target price on the stock in a report on Wednesday, January 15th. Finally, Scotiabank cut their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a research note on Friday, February 28th. One 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 given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $23.83.

Healthpeak Properties Trading Down 5.2 %

NYSE DOC traded down $0.97 on Friday, hitting $17.84. 11,084,354 shares of the stock were exchanged, compared to its average volume of 4,913,024. 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, Inc. has a 52-week low of $17.33 and a 52-week high of $23.26. The firm has a market capitalization of $12.48 billion, a P/E ratio of 50.97, a P/E/G ratio of 2.17 and a beta of 1.02. The stock has a fifty day moving average price of $19.57 and a two-hundred day moving average price of $20.57.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts' consensus estimates of $0.46. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The firm had revenue of $702.89 million during the quarter, compared to analysts' expectations of $690.76 million. Research analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be given 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 348.57%.

About Healthpeak Properties

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.