Healthpeak Properties, Inc. (NYSE:DOC) Shares Purchased by New York State Teachers Retirement System

New York State Teachers Retirement System raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 619,951 shares of the real estate investment trust's stock after acquiring an additional 48,141 shares during the period. New York State Teachers Retirement System owned approximately 0.09% of Healthpeak Properties worth $12,566,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in DOC. AMF Tjanstepension AB acquired a new stake in Healthpeak Properties during the 3rd quarter worth about $15,548,000. Exchange Traded Concepts LLC purchased a new position in Healthpeak Properties during the third quarter valued at approximately $136,000. Creative Planning acquired a new position in Healthpeak Properties in the third quarter valued at approximately $4,390,000. NBC Securities Inc. purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $70,000. Finally, Good Life Advisors LLC acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $251,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on DOC shares. Morgan Stanley raised shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target on the stock in a report on Wednesday, January 15th. Robert W. Baird lowered their target price 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. Royal Bank of Canada lifted their price target on Healthpeak Properties from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. Wedbush lowered their price target on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Finally, StockNews.com lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Healthpeak Properties has an average rating of "Moderate Buy" and an average target price of $24.00.

Healthpeak Properties Price Performance

DOC traded down $0.03 on Friday, hitting $19.75. 5,555,375 shares of the company's stock were exchanged, compared to its average volume of 4,798,901. Healthpeak Properties, Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $23.26. The stock has a market cap of $13.81 billion, a price-to-earnings ratio of 56.42, a P/E/G ratio of 2.14 and a beta of 1.15. The firm has a 50-day moving average price of $20.20 and a 200-day moving average price of $21.39. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a dividend of $0.305 per share. The ex-dividend date is Friday, February 14th. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 6.18%. Healthpeak Properties's payout ratio is presently 348.58%.

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.