Vanderbilt University decreased its position in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 0.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 104,570 shares of the real estate investment trust’s stock after selling 971 shares during the period. Vanderbilt University’s holdings in Healthpeak Properties were worth $2,120,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. HM Payson & Co. bought a new position in shares of Healthpeak Properties in the 3rd quarter worth about $25,000. S.A. Mason LLC acquired a new stake in Healthpeak Properties during the third quarter worth approximately $26,000. Rise Advisors LLC bought a new stake in Healthpeak Properties in the third quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new position in Healthpeak Properties in the third quarter valued at approximately $32,000. Finally, Barrett & Company Inc. bought a new position in shares of Healthpeak Properties during the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 93.57% of the company’s stock.
Analysts Set New Price Targets
DOC has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and lifted their price objective for the company from $20.00 to $28.00 in a research note on Monday, October 21st. Robert W. Baird lifted their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Wells Fargo & Company cut their price objective on shares of 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. Mizuho 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 Thursday, December 5th. Finally, StockNews.com lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $24.15.
Healthpeak Properties Trading Up 0.0 %
Shares of Healthpeak Properties stock opened at $20.07 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. The stock has a fifty day simple moving average of $20.63 and a 200 day simple moving average of $21.53. Healthpeak Properties, Inc. has a 12-month low of $16.01 and a 12-month high of $23.26. The company has a market capitalization of $14.03 billion, a P/E ratio of 42.69, a price-to-earnings-growth ratio of 2.22 and a beta of 1.15.
Healthpeak Properties Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be issued a $0.305 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 6.08%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio is currently 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.
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