Healthpeak Properties, Inc. (NYSE:DOC) Shares Purchased by Vert Asset Management LLC

Vert Asset Management LLC raised its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 11.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 304,219 shares of the real estate investment trust's stock after buying an additional 30,461 shares during the quarter. Healthpeak Properties comprises about 2.1% of Vert Asset Management LLC's investment portfolio, making the stock its 17th largest holding. Vert Asset Management LLC's holdings in Healthpeak Properties were worth $6,167,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DOC. State Street Corp purchased a new position in Healthpeak Properties in the third quarter worth $1,093,576,000. JPMorgan Chase & Co. grew its stake in 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 buying an additional 4,056,931 shares during the last quarter. Geode Capital Management LLC acquired a new position in Healthpeak Properties during the 3rd quarter valued at about $403,898,000. Charles Schwab Investment Management Inc. purchased a new stake in Healthpeak Properties in the third quarter valued at about $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $175,697,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Stock Down 2.7 %

Shares of NYSE:DOC traded down $0.57 during trading hours on Tuesday, reaching $20.64. The stock had a trading volume of 1,692,359 shares, compared to its average volume of 3,437,984. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. The firm's 50 day moving average is $20.83 and its 200-day moving average is $21.56. The stock has a market capitalization of $14.43 billion, a price-to-earnings ratio of 43.91, a P/E/G ratio of 2.21 and a beta of 1.14. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26.

Analyst Ratings Changes

A number of research firms have issued reports on DOC. Mizuho decreased their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Thursday, December 5th. StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, October 30th. Wells Fargo & Company reduced their price objective on shares of Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating for the company in a research report on Tuesday, December 10th. Royal Bank of Canada boosted their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and raised their price target for the company from $20.00 to $28.00 in a research note on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of "Moderate Buy" and a consensus price target of $24.15.

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.