Vinva Investment Management Ltd Takes $623,000 Position in Healthpeak Properties, Inc. (NYSE:DOC)

Vinva Investment Management Ltd acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 31,177 shares of the real estate investment trust’s stock, valued at approximately $623,000.

A number of other hedge funds also recently made changes to their positions in the business. AdvisorNet Financial Inc lifted its position 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 valued at $44,000 after buying an additional 563 shares during the last quarter. Exchange Traded Concepts LLC increased its stake in shares of 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 purchasing an additional 598 shares during the period. Commerzbank Aktiengesellschaft FI increased its stake in shares of Healthpeak Properties by 3.9% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock worth $420,000 after purchasing an additional 797 shares during the period. Mirador Capital Partners LP increased its stake in shares of Healthpeak Properties by 2.8% during the fourth quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock worth $672,000 after purchasing an additional 901 shares during the period. Finally, Concurrent Investment Advisors LLC increased its stake in shares of Healthpeak Properties by 10.1% during the fourth quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust’s stock worth $205,000 after purchasing an additional 927 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DOC shares. Mizuho lowered their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Wedbush lowered their target price on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Robert W. Baird lowered their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Wells Fargo & Company lowered their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. Four 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. Based on data from MarketBeat, Healthpeak Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.92.

Healthpeak Properties Trading Down 1.6 %

Shares of DOC stock opened at $20.02 on Friday. The stock’s fifty day moving average price is $20.24 and its two-hundred day moving average price is $21.17. The company has a market cap of $14.00 billion, a PE ratio of 57.19, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a fifty-two week low of $17.45 and a fifty-two week high of $23.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35.

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 $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date was Friday, February 14th. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio (DPR) 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.