Magnetar Financial LLC Acquires 128,941 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Magnetar Financial LLC boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 86.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 277,995 shares of the real estate investment trust's stock after purchasing an additional 128,941 shares during the quarter. Magnetar Financial LLC's holdings in Healthpeak Properties were worth $5,635,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harvest Fund Management Co. Ltd bought a new position in Healthpeak Properties during the 4th quarter valued at approximately $30,000. Avior Wealth Management LLC bought a new position in shares of Healthpeak Properties during the third quarter valued at $37,000. Groupama Asset Managment purchased a new position in shares of Healthpeak Properties in the 3rd quarter worth about $37,000. Wiser Advisor Group LLC bought a new position in Healthpeak Properties in the 3rd quarter worth about $42,000. Finally, Continuum Advisory LLC bought a new position in Healthpeak Properties in the 3rd quarter worth about $44,000. Institutional investors own 93.57% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. StockNews.com raised shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Saturday. Scotiabank decreased their price objective 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 cut their target price on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Wedbush reduced their target price on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Finally, Robert W. Baird lowered their price target on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a report on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $23.92.

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Healthpeak Properties Stock Performance

Shares of NYSE:DOC traded up $0.42 during mid-day trading on Monday, reaching $20.45. 3,344,719 shares of the company traded hands, compared to its average volume of 4,630,015. Healthpeak Properties, Inc. has a 52 week low of $17.45 and a 52 week high of $23.26. The firm has a market cap of $14.30 billion, a PE ratio of 58.42, a PEG ratio of 2.17 and a beta of 1.14. The company's 50 day moving average price is $20.24 and its 200-day moving average price is $21.16. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35.

Healthpeak Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were paid a $0.305 dividend. The ex-dividend date was Friday, February 14th. This is a boost 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 dividend payout ratio is 348.57%.

Healthpeak Properties Company 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.