Nomura Asset Management Co. Ltd. Acquires 33,949 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Nomura Asset Management Co. Ltd. raised its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,140,961 shares of the real estate investment trust's stock after acquiring an additional 33,949 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.16% of Healthpeak Properties worth $23,127,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. AdvisorNet Financial Inc raised its stake in Healthpeak Properties by 34.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 563 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings 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 period. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Healthpeak Properties by 4.4% in the fourth 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 in the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Healthpeak Properties by 3.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust's stock valued at $420,000 after buying an additional 797 shares during the period. Finally, Mirador Capital Partners LP grew its position in Healthpeak Properties by 2.8% during the fourth quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust's stock worth $672,000 after buying an additional 901 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

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Healthpeak Properties Price Performance

DOC stock traded down $0.31 during midday trading on Thursday, reaching $19.75. 1,168,741 shares of the stock were exchanged, compared to its average volume of 4,835,938. Healthpeak Properties, Inc. has a 52 week low of $17.80 and a 52 week high of $23.26. The company has a fifty day moving average price of $20.18 and a 200 day moving average price of $21.05. 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 stock has a market capitalization of $13.82 billion, a PE ratio of 56.43, a P/E/G ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were paid a $0.305 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 6.18%. This is an increase from Healthpeak Properties's previous quarterly dividend of $0.30. Healthpeak Properties's dividend payout ratio is currently 348.57%.

Analysts Set New Price Targets

Several equities analysts have weighed in on DOC shares. Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price objective for the company in a report on Wednesday, January 15th. StockNews.com raised shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 22nd. Scotiabank decreased 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 report on Friday, February 28th. Wedbush cut their price target on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Finally, Robert W. Baird decreased their price objective 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. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to 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.