Nuance Investments LLC Has $13.74 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Nuance Investments LLC lowered its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 677,938 shares of the real estate investment trust's stock after selling 79,517 shares during the quarter. Nuance Investments LLC owned 0.10% of Healthpeak Properties worth $13,742,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of 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 purchasing an additional 700 shares during the period. LPL Financial LLC raised its stake in shares of Healthpeak Properties by 16.9% in the 4th quarter. LPL Financial LLC now owns 3,628,407 shares of the real estate investment trust's stock valued at $73,548,000 after acquiring an additional 525,844 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Healthpeak Properties during the 4th quarter valued at $4,362,000. Sfmg LLC boosted its position in Healthpeak Properties by 5.1% during the 4th quarter. Sfmg LLC now owns 103,179 shares of the real estate investment trust's stock worth $2,091,000 after purchasing an additional 5,023 shares during the period. Finally, American Century Companies Inc. raised its position in Healthpeak Properties by 0.6% in the fourth quarter. American Century Companies Inc. now owns 5,372,508 shares of the real estate investment trust's stock valued at $108,901,000 after purchasing an additional 31,529 shares during the period. Hedge funds and other institutional investors own 93.57% of the company's stock.

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Healthpeak Properties Price Performance

Shares of NYSE DOC traded down $0.03 during mid-day trading on Friday, reaching $20.20. 3,458,537 shares of the company traded hands, compared to its average volume of 4,856,476. The stock has a fifty day simple moving average of $20.23 and a 200-day simple moving average of $21.10. 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 has a market cap of $14.13 billion, a PE ratio of 57.70, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a fifty-two week low of $17.80 and a fifty-two week high of $23.26.

Healthpeak Properties Increases Dividend

The business also recently declared 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 is an increase from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.04%. Healthpeak Properties's dividend payout ratio is 348.57%.

Analyst Ratings Changes

DOC has been the subject of several analyst reports. Robert W. Baird decreased their target price on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Wedbush lowered their price objective on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. Mizuho reduced 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 report on Thursday, December 5th. Morgan Stanley raised shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target for the company in a report on Wednesday, January 15th. Finally, StockNews.com upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Saturday, March 22nd. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Healthpeak Properties currently has an average rating of "Moderate Buy" and an average price target of $23.92.

Healthpeak Properties Company 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.