Vanguard Group Inc. Has $2.26 Billion Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Vanguard Group Inc. cut its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 0.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 111,646,375 shares of the real estate investment trust's stock after selling 500,564 shares during the period. Vanguard Group Inc. owned approximately 15.96% of Healthpeak Properties worth $2,263,072,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of DOC. AdvisorNet Financial Inc grew 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 worth $44,000 after purchasing an additional 563 shares in the last quarter. Exchange Traded Concepts LLC grew its position in 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 buying an additional 598 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Healthpeak Properties by 3.9% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust's stock worth $420,000 after acquiring an additional 797 shares during the period. Mirador Capital Partners LP raised its holdings in Healthpeak Properties by 2.8% in the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust's stock valued at $672,000 after acquiring an additional 901 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in shares of Healthpeak Properties by 10.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust's stock valued at $205,000 after acquiring an additional 927 shares during the period. Institutional investors and hedge funds own 93.57% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DOC. Wells Fargo & Company decreased their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Tuesday, December 10th. Wedbush reduced their price objective on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. StockNews.com upgraded shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 22nd. 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. Finally, Mizuho lowered their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. Four investment 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's stock. According to data from MarketBeat.com, Healthpeak Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $23.92.

Healthpeak Properties Price Performance

Shares of NYSE:DOC traded up $0.04 during trading on Monday, hitting $20.23. 6,085,392 shares of the company were exchanged, compared to its average volume of 4,861,372. Healthpeak Properties, Inc. has a 1-year low of $17.80 and a 1-year high of $23.26. The company has a market capitalization of $14.15 billion, a P/E ratio of 57.79, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The business's 50 day moving average is $20.22 and its 200-day moving average is $21.08.

Healthpeak Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were issued a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Healthpeak Properties's previous quarterly dividend of $0.30. Healthpeak Properties's dividend payout ratio is presently 348.57%.

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.