National Bank of Canada FI Has $34.18 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

National Bank of Canada FI raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 56,120.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,686,065 shares of the real estate investment trust’s stock after purchasing an additional 1,683,066 shares during the period. National Bank of Canada FI owned approximately 0.24% of Healthpeak Properties worth $34,181,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd acquired a new stake in Healthpeak Properties during the fourth quarter worth approximately $30,000. Continuum Advisory LLC acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth $44,000. AdvisorNet Financial Inc increased 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 worth $44,000 after purchasing an additional 563 shares during the period. Kestra Investment Management LLC acquired a new position in Healthpeak Properties in the fourth quarter valued at about $45,000. Finally, Assetmark Inc. lifted its position in Healthpeak Properties by 433.5% during the fourth quarter. Assetmark Inc. now owns 2,982 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 2,423 shares during the period. 93.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on DOC. 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. Scotiabank cut their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research note on Wednesday, January 15th. Wells Fargo & Company dropped their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. Finally, Mizuho decreased their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.83.

Healthpeak Properties Trading Up 0.2 %

DOC opened at $20.07 on Thursday. The company’s 50 day moving average price is $20.18 and its two-hundred day moving average price is $21.05. The firm has a market capitalization of $14.04 billion, a price-to-earnings ratio of 57.34, a PEG ratio of 2.17 and a beta of 1.14. 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 debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 6.08%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 14th. Healthpeak Properties’s dividend payout ratio is presently 348.57%.

Healthpeak Properties Company 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.