Dynamic Technology Lab Private Ltd Acquires New Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Dynamic Technology Lab Private Ltd purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,597 shares of the real estate investment trust’s stock, valued at approximately $316,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AdvisorNet Financial Inc increased its stake in shares of 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 buying an additional 563 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Healthpeak Properties by 10.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock valued at $133,000 after acquiring an additional 598 shares during the period. Huntington National Bank lifted its holdings in shares of Healthpeak Properties by 3.0% during the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust’s stock worth $422,000 after purchasing an additional 613 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Healthpeak Properties by 4.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust’s stock worth $337,000 after purchasing an additional 700 shares during the period. Finally, Commerzbank Aktiengesellschaft FI raised its position in Healthpeak Properties by 3.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock worth $420,000 after acquiring an additional 797 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on DOC shares. Robert W. Baird cut their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Wedbush reduced 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. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 22nd. Scotiabank dropped their price target on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research report on Friday, February 28th. Finally, Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $23.83.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $18.63 on Thursday. The company has a market cap of $13.03 billion, a P/E ratio of 53.23, a P/E/G ratio of 2.17 and a beta of 1.02. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 52 week low of $17.33 and a 52 week high of $23.26. The business has a fifty day simple moving average of $19.87 and a 200-day simple moving average of $20.88.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 16th will be given a $0.1017 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.55%. The ex-dividend date is Monday, June 16th. Healthpeak Properties’s dividend payout ratio is currently 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.