Janney Montgomery Scott LLC decreased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,017,422 shares of the real estate investment trust’s stock after selling 26,500 shares during the quarter. Janney Montgomery Scott LLC owned 0.15% of Healthpeak Properties worth $21,773,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in DOC. CX Institutional grew its holdings in shares of Healthpeak Properties by 6.1% during the 2nd quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock valued at $235,000 after purchasing an additional 633 shares during the last quarter. Fiduciary Trust Co lifted its stake in Healthpeak Properties by 4.9% in the 3rd quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after purchasing an additional 644 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in Healthpeak Properties by 1.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock valued at $721,000 after purchasing an additional 718 shares during the last quarter. Quantum Portfolio Management LLC boosted its position in Healthpeak Properties by 2.5% in the first quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock valued at $483,000 after buying an additional 728 shares in the last quarter. Finally, Intrua Financial LLC boosted its position in Healthpeak Properties by 1.1% in the first quarter. Intrua Financial LLC now owns 66,702 shares of the real estate investment trust’s stock valued at $1,096,000 after buying an additional 744 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.
Healthpeak Properties Trading Down 0.1%
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 company’s 50 day moving average price is $21.33 and its two-hundred day moving average price is $18.90. The firm has a market capitalization of $14.33 billion, a price-to-earnings ratio of 59.38, a PEG ratio of 3.20 and a beta of 1.01.
Healthpeak Properties Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be issued a $0.1017 dividend. 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%.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Mizuho upped their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Raymond James Financial started coverage on Healthpeak Properties in a report on Wednesday, June 17th. They set a “market perform” rating on the stock. Barclays assumed coverage on Healthpeak Properties in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $23.00 price objective on the stock. Scotiabank upped their target price on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 27th. Finally, Cantor Fitzgerald upped their target price on Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, Healthpeak Properties presently has a consensus rating of “Hold” and a consensus target price of $21.44.
View Our Latest Stock 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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