Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Invesco Ltd.

Invesco Ltd. decreased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 6.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,143,490 shares of the real estate investment trust's stock after selling 1,240,254 shares during the quarter. Invesco Ltd. owned approximately 2.74% of Healthpeak Properties worth $388,039,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc raised its stake 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 valued at $44,000 after acquiring an additional 563 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Healthpeak Properties by 10.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust's stock worth $133,000 after purchasing an additional 598 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Healthpeak Properties by 3.0% during the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust's stock worth $422,000 after purchasing an additional 613 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its position in Healthpeak Properties by 4.4% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust's stock valued at $337,000 after buying an additional 700 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI raised its position in Healthpeak Properties by 3.9% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust's stock worth $420,000 after buying an additional 797 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. StockNews.com downgraded shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Monday. Wedbush reiterated an "outperform" rating and issued a $24.00 price objective on shares of Healthpeak Properties in a research report on Friday. Robert W. Baird lowered 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. Morgan Stanley upgraded 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 research report on Wednesday, January 15th. Finally, Scotiabank lowered their price target on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties currently has an average rating of "Moderate Buy" and an average price target of $23.83.

Healthpeak Properties Price Performance

NYSE:DOC remained flat at $18.71 during mid-day trading on Tuesday. The company's stock had a trading volume of 1,065,987 shares, compared to its average volume of 4,893,927. Healthpeak Properties, Inc. has a 12-month low of $17.33 and a 12-month high of $23.26. The stock's fifty day moving average price is $19.76 and its two-hundred day moving average price is $20.78. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market cap of $13.09 billion, a PE ratio of 53.46, a P/E/G ratio of 2.17 and a beta of 1.02.

Healthpeak Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.1017 per share. This represents a $1.22 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date of this dividend is Monday, June 16th. Healthpeak Properties's dividend payout ratio is currently 348.57%.

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.