Greenland Capital Management LP Has $1.64 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Greenland Capital Management LP lessened its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 78.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,958 shares of the real estate investment trust's stock after selling 289,042 shares during the period. Greenland Capital Management LP's holdings in Healthpeak Properties were worth $1,641,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mizuho Bank Ltd. bought a new position in Healthpeak Properties in the 4th quarter worth approximately $28,000. Harvest Fund Management Co. Ltd acquired a new position in Healthpeak Properties in the fourth quarter worth approximately $30,000. Continuum Advisory LLC acquired a new stake in shares of Healthpeak Properties during the third quarter worth $44,000. AdvisorNet Financial Inc raised its holdings in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after buying an additional 563 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in shares of Healthpeak Properties during the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Price Performance

Healthpeak Properties stock traded down $0.03 during mid-day trading on Friday, hitting $18.14. 8,020,180 shares of the company were exchanged, compared to its average volume of 4,901,520. Healthpeak Properties, Inc. has a 1-year low of $17.33 and a 1-year high of $23.26. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The business has a fifty day moving average of $19.79 and a 200 day moving average of $20.81. The company has a market capitalization of $12.69 billion, a PE ratio of 51.83, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02.

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Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 16th will be issued a $0.1017 dividend. This represents a $1.22 annualized dividend and a dividend yield of 6.73%. The ex-dividend date is Monday, June 16th. Healthpeak Properties's payout ratio is currently 348.57%.

Analyst Ratings Changes

DOC has been the subject of a number of research reports. Robert W. Baird decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Scotiabank lowered their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. Wedbush reiterated an "outperform" rating and set a $24.00 price target on shares of Healthpeak Properties in a report on Friday. 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 shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 target price for the company in a research note on Wednesday, January 15th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.