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Long Pond Capital LP Makes New $86.89 Million Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Healthpeak Properties logo with Finance background

Long Pond Capital LP acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,286,388 shares of the real estate investment trust's stock, valued at approximately $86,885,000. Healthpeak Properties accounts for about 4.4% of Long Pond Capital LP's holdings, making the stock its 10th biggest position. Long Pond Capital LP owned 0.61% of Healthpeak Properties at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. AdvisorNet Financial Inc increased its position in shares of Healthpeak Properties by 34.5% during the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 563 shares during the last quarter. Townsquare Capital LLC grew its holdings in Healthpeak Properties by 5.9% during the 4th quarter. Townsquare Capital LLC now owns 10,461 shares of the real estate investment trust's stock worth $212,000 after acquiring an additional 584 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of Healthpeak Properties by 10.0% in the 4th 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 position 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 last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its holdings in Healthpeak Properties by 4.4% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust's stock worth $337,000 after buying an additional 700 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

Healthpeak Properties Trading Up 1.9 %

Shares of Healthpeak Properties stock traded up $0.35 on Tuesday, hitting $18.80. 1,471,568 shares of the company's stock traded hands, compared to its average volume of 5,019,396. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The firm's 50-day moving average price is $19.66 and its two-hundred day moving average price is $20.65. Healthpeak Properties, Inc. has a one year low of $17.33 and a one year high of $23.26. The stock has a market capitalization of $13.15 billion, a PE ratio of 53.70, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02.

Healthpeak Properties Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be issued a dividend of $0.1017 per share. This represents a dividend yield of 6.5%. The ex-dividend date is Thursday, April 17th. Healthpeak Properties's payout ratio is presently 348.57%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DOC. Robert W. Baird reduced 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, February 11th. Scotiabank reduced their price objective on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Wedbush reissued an "outperform" rating and set a $24.00 price target on shares of Healthpeak Properties in a report on Friday, April 11th. Morgan Stanley raised 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. Finally, StockNews.com lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $23.83.

Read Our Latest Report on DOC

About Healthpeak Properties

(Free Report)

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.

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Institutional Ownership by Quarter for Healthpeak Properties (NYSE:DOC)

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