Landscape Capital Management L.L.C. Increases Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Landscape Capital Management L.L.C. boosted its position in Healthpeak Properties, Inc. (NYSE:DOC) by 159.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 114,553 shares of the real estate investment trust’s stock after acquiring an additional 70,366 shares during the period. Landscape Capital Management L.L.C.’s holdings in Healthpeak Properties were worth $2,322,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp purchased a new position in Healthpeak Properties during the 3rd quarter valued at about $1,093,576,000. Geode Capital Management LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth approximately $403,898,000. Principal Financial Group Inc. increased its stake in shares of Healthpeak Properties by 2,113.5% during the fourth quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock valued at $367,575,000 after buying an additional 17,314,572 shares during the period. Norges Bank bought a new position in shares of Healthpeak Properties during the fourth quarter valued at approximately $166,804,000. Finally, JPMorgan Chase & Co. lifted its stake in Healthpeak Properties by 23.2% in the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after acquiring an additional 4,056,931 shares during the period. 93.57% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 22nd. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research note on Wednesday, January 15th. Mizuho lowered their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Wedbush decreased their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Finally, Wells Fargo & Company dropped their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Four investment 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $23.83.

Healthpeak Properties Trading Down 3.1 %

NYSE:DOC opened at $19.45 on Friday. Healthpeak Properties, Inc. has a 52 week low of $17.80 and a 52 week high of $23.26. The firm has a 50 day moving average of $20.16 and a 200 day moving average of $21.04. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $13.60 billion, a price-to-earnings ratio of 55.56, a PEG ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were given a $0.305 dividend. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 6.27%. The ex-dividend date was Friday, February 14th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 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.