Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by Magnetar Financial LLC

Magnetar Financial LLC lifted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 86.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,995 shares of the real estate investment trust’s stock after purchasing an additional 128,941 shares during the period. Magnetar Financial LLC’s holdings in Healthpeak Properties were worth $5,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Harvest Fund Management Co. Ltd purchased a new stake in shares of Healthpeak Properties in the 4th quarter valued at approximately $30,000. Avior Wealth Management LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at approximately $37,000. Groupama Asset Managment purchased a new position in Healthpeak Properties in the 3rd quarter valued at approximately $37,000. Wiser Advisor Group LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at approximately $42,000. Finally, Continuum Advisory LLC purchased a new stake in shares of Healthpeak Properties during the 3rd quarter worth $44,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on DOC shares. Morgan Stanley upgraded shares of 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. StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Thursday, March 13th. Scotiabank dropped their price target on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research note on Friday, February 28th. Wells Fargo & Company decreased their price objective on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. Finally, Robert W. Baird reduced their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Stock Performance

Shares of DOC opened at $20.43 on Thursday. The stock has a market cap of $14.29 billion, a price-to-earnings ratio of 58.36, a PEG ratio of 2.17 and a beta of 1.14. The company has a 50-day moving average of $20.23 and a two-hundred day moving average of $21.20. 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, Inc. has a one year low of $17.29 and a one year high of $23.26.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.

Healthpeak Properties 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.