ING Groep NV Sells 6,990 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

ING Groep NV lowered its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,338 shares of the real estate investment trust’s stock after selling 6,990 shares during the period. ING Groep NV’s holdings in Healthpeak Properties were worth $1,811,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. HM Payson & Co. purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $25,000. S.A. Mason LLC bought a new position in Healthpeak Properties during the 3rd quarter valued at approximately $26,000. Fortitude Family Office LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $32,000. Barrett & Company Inc. bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $33,000. Finally, Avior Wealth Management LLC purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $37,000. Institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on DOC shares. StockNews.com lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. 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 report on Friday, February 14th. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research report on Wednesday, January 15th. Royal Bank of Canada raised their price objective on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Finally, Robert W. Baird cut their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

Healthpeak Properties Stock Down 0.1 %

Shares of NYSE:DOC opened at $19.75 on Monday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. The stock has a fifty day simple moving average of $20.20 and a two-hundred day simple moving average of $21.39. Healthpeak Properties, Inc. has a 12-month low of $16.01 and a 12-month high of $23.26. The stock has a market capitalization of $13.81 billion, a price-to-earnings ratio of 56.42, a PEG ratio of 2.17 and a beta of 1.15.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be given a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 6.18%. The ex-dividend date is 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%.

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.