Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. cut its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 73.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,107 shares of the real estate investment trust's stock after selling 53,766 shares during the period. Lecap Asset Management Ltd.'s holdings in Healthpeak Properties were worth $387,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. AMF Tjanstepension AB acquired a new stake in Healthpeak Properties during the 3rd quarter worth about $15,548,000. Park Avenue Securities LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $506,000. Czech National Bank acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $3,279,000. Diversified Trust Co purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $230,000. Finally, Mather Group LLC. purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $60,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on DOC shares. Robert W. Baird dropped 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 report on Tuesday. Mizuho reduced their price target on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. StockNews.com downgraded Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday, October 30th. Morgan Stanley raised 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. Finally, Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a "hold" rating to a "buy" rating and lifted their price target for the company from $20.00 to $28.00 in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Healthpeak Properties presently has an average rating of "Moderate Buy" and an average target price of $24.08.

Healthpeak Properties Trading Down 0.7 %

Shares of NYSE DOC traded down $0.14 during trading on Wednesday, hitting $19.47. 4,932,419 shares of the company were exchanged, compared to its average volume of 4,840,092. The company has a fifty day moving average price of $20.46 and a 200-day moving average price of $21.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.31 and a current ratio of 1.35. The firm has a market capitalization of $13.62 billion, a PE ratio of 55.63, a P/E/G ratio of 2.18 and a beta of 1.15. Healthpeak Properties, Inc. has a 12-month low of $16.01 and a 12-month high of $23.26.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 6.27%. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. The ex-dividend date is Friday, February 14th. Healthpeak Properties's dividend payout ratio is presently 342.87%.

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.