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

Vanguard Group Inc. trimmed its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 0.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harvest Fund Management Co. Ltd purchased a new stake in shares of Healthpeak Properties in the 4th quarter worth $30,000. Groupama Asset Managment purchased a new stake in Healthpeak Properties during the 3rd quarter worth approximately $37,000. Continuum Advisory LLC purchased a new position in shares of Healthpeak Properties in the third quarter worth about $44,000. AdvisorNet Financial Inc boosted its stake in shares of Healthpeak Properties by 34.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock worth $44,000 after buying an additional 563 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of Healthpeak Properties in the fourth quarter worth about $45,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Healthpeak Properties Price Performance

Shares of DOC stock traded down $0.03 during trading hours on Friday, reaching $20.20. 3,458,537 shares of the company were exchanged, compared to its average volume of 4,856,476. 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's fifty day moving average is $20.23 and its two-hundred day moving average is $21.10. Healthpeak Properties, Inc. has a fifty-two week low of $17.80 and a fifty-two week high of $23.26. The company has a market cap of $14.13 billion, a price-to-earnings ratio of 57.70, a P/E/G ratio of 2.17 and a beta of 1.14.

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Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were issued a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date was Friday, February 14th. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. Healthpeak Properties's payout ratio is currently 348.57%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wells Fargo & Company reduced their price target on Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday, December 10th. Scotiabank lowered their price target on Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. StockNews.com raised Healthpeak Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 22nd. Wedbush reduced their price objective on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a research note on Friday, February 14th. Finally, Morgan Stanley raised Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 target price for the company in a research note on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Healthpeak Properties currently has a consensus rating of "Moderate Buy" and an average price target of $23.92.

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.