Healthpeak Properties, Inc. (NYSE:DOC) Shares Purchased by Huntington National Bank

Huntington National Bank raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,843 shares of the real estate investment trust’s stock after purchasing an additional 613 shares during the quarter. Huntington National Bank’s holdings in Healthpeak Properties were worth $422,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in DOC. Harvest Fund Management Co. Ltd purchased a new position in shares of Healthpeak Properties during the fourth quarter worth about $30,000. Groupama Asset Managment purchased a new position in shares of Healthpeak Properties in the 3rd quarter valued at approximately $37,000. Continuum Advisory LLC acquired a new position in shares of Healthpeak Properties in the third quarter valued at approximately $44,000. AdvisorNet Financial Inc raised 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 purchasing an additional 563 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of Healthpeak Properties during the fourth quarter worth $45,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Down 5.3 %

Healthpeak Properties stock opened at $18.42 on Friday. Healthpeak Properties, Inc. has a fifty-two week low of $17.80 and a fifty-two week high of $23.26. The firm has a market capitalization of $12.89 billion, a price-to-earnings ratio of 52.63, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. The stock’s fifty day moving average is $20.11 and its two-hundred day moving average is $21.02. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35.

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 paid a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 6.62%. This is a boost 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%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DOC shares. StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 22nd. Wells Fargo & Company dropped their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. Scotiabank reduced their price objective on shares of 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. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a research report on Wednesday, January 15th. Finally, Robert W. Baird reduced their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $23.83.

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.