Vontobel Holding Ltd. boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 3,163.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 804,137 shares of the real estate investment trust’s stock after acquiring an additional 779,500 shares during the quarter. Vontobel Holding Ltd. owned about 0.12% of Healthpeak Properties worth $17,209,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Advocate Investing Services LLC acquired a new stake in Healthpeak Properties during the fourth quarter valued at approximately $26,000. WPG Advisers LLC grew its position in Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,197 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Healthpeak Properties in the second quarter valued at $33,000. Clearstead Advisors LLC boosted its stake in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,216 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new position in shares of Healthpeak Properties in the 4th quarter worth $31,000. 93.57% of the stock is owned by institutional investors and hedge funds.
Healthpeak Properties Trading Down 0.1%
NYSE:DOC opened at $20.78 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. Healthpeak Properties, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $22.95. The stock’s 50-day moving average is $21.33 and its two-hundred day moving average is $18.90. The stock has a market cap of $14.33 billion, a PE ratio of 59.38, a price-to-earnings-growth ratio of 3.20 and a beta of 1.01.
Healthpeak Properties Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 14th will be paid a dividend of $0.1017 per share. The ex-dividend date is Monday, September 14th. This represents a c) annualized dividend and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio is presently 348.57%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Citigroup lifted their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday. Barclays started coverage on shares of Healthpeak Properties in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 price target for the company. BMO Capital Markets raised their price objective on shares of Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Morgan Stanley reiterated an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research report on Thursday, June 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Healthpeak Properties in a research note on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.44.
Check Out Our Latest Report on Healthpeak Properties
Healthpeak Properties Profile
Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.
Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.
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