Mizuho Securities USA LLC Increases Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Mizuho Securities USA LLC boosted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 45.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 66,291 shares of the real estate investment trust's stock after purchasing an additional 20,654 shares during the period. Mizuho Securities USA LLC's holdings in Healthpeak Properties were worth $1,344,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. State Street Corp acquired a new position in Healthpeak Properties during the third quarter worth approximately $1,093,576,000. JPMorgan Chase & Co. boosted its stake in shares of Healthpeak Properties by 23.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust's stock worth $493,115,000 after acquiring an additional 4,056,931 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Healthpeak Properties by 2,113.5% during the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust's stock worth $367,575,000 after acquiring an additional 17,314,572 shares during the last quarter. Geode Capital Management LLC acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth approximately $403,898,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Healthpeak Properties by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,153,450 shares of the real estate investment trust's stock valued at $205,810,000 after acquiring an additional 53,392 shares during the period. 93.57% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Robert W. Baird decreased their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 11th. Wedbush decreased their target price on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Scotiabank dropped their price target on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. StockNews.com upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Saturday, March 22nd. 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 report on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $23.92.

Healthpeak Properties Stock Down 0.1 %

Shares of NYSE:DOC traded down $0.03 during mid-day trading on Friday, hitting $20.20. 3,458,537 shares of the company traded hands, compared to its average volume of 4,856,476. The stock has a 50-day moving average price of $20.23 and a two-hundred day moving average price of $21.10. Healthpeak Properties, Inc. has a 12-month low of $17.80 and a 12-month high of $23.26. The stock has a market cap of $14.13 billion, a P/E ratio of 57.70, 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were given a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 6.04%. This is a boost from Healthpeak Properties's previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 14th. Healthpeak Properties's dividend payout ratio 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.