Swiss National Bank Sells 113,400 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Swiss National Bank trimmed its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,975,516 shares of the real estate investment trust's stock after selling 113,400 shares during the period. Swiss National Bank owned about 0.28% of Healthpeak Properties worth $40,044,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avior Wealth Management LLC acquired a new stake in Healthpeak Properties in the 3rd quarter worth $37,000. Groupama Asset Managment acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $37,000. Wiser Advisor Group LLC acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $42,000. Continuum Advisory LLC acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $44,000. Finally, AdvisorNet Financial Inc boosted its position in shares of Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 563 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DOC has been the subject of several analyst reports. Mizuho cut their price target on shares of 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 raised shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a report on Thursday, March 13th. Wedbush dropped their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a research note on Friday, February 14th. Scotiabank dropped their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a research note on Friday, February 28th. Finally, Wells Fargo & Company dropped their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating for the company in a research note on Tuesday, December 10th. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $23.92.

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Healthpeak Properties Stock Down 0.5 %

Shares of Healthpeak Properties stock traded down $0.09 on Thursday, hitting $20.34. The company had a trading volume of 6,757,717 shares, compared to its average volume of 4,636,122. The firm has a market capitalization of $14.23 billion, a P/E ratio of 58.11, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a twelve month low of $17.29 and a twelve month high of $23.26. 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 50-day moving average of $20.23 and a 200-day moving average of $21.20.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a dividend of $0.305 per share. This is a boost from Healthpeak Properties's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.22 annualized dividend and a yield of 6.00%. Healthpeak Properties's dividend payout ratio is presently 348.57%.

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.