279,283 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Lightrock Netherlands B.V.

Lightrock Netherlands B.V. purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 279,283 shares of the real estate investment trust’s stock, valued at approximately $5,689,000. Healthpeak Properties accounts for approximately 2.0% of Lightrock Netherlands B.V.’s holdings, making the stock its 25th biggest position.

A number of other institutional investors also recently bought and sold shares of the business. State Street Corp purchased a new stake in shares of Healthpeak Properties in the third quarter worth about $1,093,576,000. JPMorgan Chase & Co. lifted its holdings 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 valued at $493,115,000 after acquiring an additional 4,056,931 shares during the period. Geode Capital Management LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $403,898,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $175,697,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Mizuho lowered their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a report on Wednesday, January 15th. 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 report on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their price objective for the company from $20.00 to $28.00 in a research report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $24.15.

Healthpeak Properties Trading Down 1.4 %

Shares of DOC opened at $19.58 on Tuesday. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The stock has a market cap of $13.70 billion, a PE ratio of 55.94, a price-to-earnings-growth ratio of 2.18 and a beta of 1.15. The firm’s fifty day moving average is $20.54 and its two-hundred day moving average is $21.52. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 6.23%. Healthpeak Properties’s payout ratio is presently 342.87%.

About Healthpeak Properties

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.