Handelsbanken Fonder AB boosted its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 29.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 658,929 shares of the real estate investment trust's stock after buying an additional 148,755 shares during the period. Handelsbanken Fonder AB owned approximately 0.09% of Healthpeak Properties worth $13,356,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of DOC. AdvisorNet Financial Inc increased its stake in Healthpeak Properties by 34.5% during the fourth 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 during the period. Exchange Traded Concepts LLC increased its stake 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 purchasing an additional 598 shares during the period. Mirador Capital Partners LP increased its stake in 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. MassMutual Private Wealth & Trust FSB increased its stake in Healthpeak Properties by 20.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 5,697 shares of the real estate investment trust's stock worth $115,000 after purchasing an additional 968 shares during the period. Finally, HM Payson & Co. purchased a new stake in shares of Healthpeak Properties during the third quarter worth approximately $25,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.
DOC has been the topic of a number of recent research reports. Royal Bank of Canada upped their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. StockNews.com lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday, October 30th. Wells Fargo & Company cut their target price on shares of 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. Mizuho cut their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Finally, Morgan Stanley upgraded shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 target price on the stock in a research note on Wednesday, January 15th. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.00.
View Our Latest Analysis on DOC
Shares of DOC stock traded down $0.03 during trading hours on Friday, hitting $19.75. The stock had a trading volume of 5,555,375 shares, compared to its average volume of 5,442,459. The firm has a market capitalization of $13.81 billion, a PE ratio of 56.42, a PEG ratio of 2.17 and a beta of 1.15. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The stock's 50 day moving average is $20.20 and its 200 day moving average is $21.39. 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 company also recently disclosed 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. This is an increase from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 6.18%. The ex-dividend date is Friday, February 14th. Healthpeak Properties's dividend payout ratio is presently 348.58%.
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.
Before you consider Healthpeak Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Healthpeak Properties wasn't on the list.
While Healthpeak Properties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.