Xponance Inc. Buys 932 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Xponance Inc. grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,355 shares of the real estate investment trust’s stock after purchasing an additional 932 shares during the period. Xponance Inc.’s holdings in Healthpeak Properties were worth $2,034,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Intech Investment Management LLC bought a new stake in shares of Healthpeak Properties in the fourth quarter valued at approximately $263,000. Generali Asset Management SPA SGR bought a new stake in shares of Healthpeak Properties in the fourth quarter valued at approximately $2,690,000. William Blair Investment Management LLC raised its position in shares of Healthpeak Properties by 9.7% in the fourth quarter. William Blair Investment Management LLC now owns 23,030 shares of the real estate investment trust’s stock valued at $467,000 after purchasing an additional 2,027 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of Healthpeak Properties by 5.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 42,529 shares of the real estate investment trust’s stock valued at $862,000 after purchasing an additional 2,140 shares during the period. Finally, Frank Rimerman Advisors LLC raised its position in shares of Healthpeak Properties by 7.1% in the fourth quarter. Frank Rimerman Advisors LLC now owns 29,445 shares of the real estate investment trust’s stock valued at $597,000 after purchasing an additional 1,950 shares during the period. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

DOC stock opened at $20.02 on Friday. 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, Inc. has a 52 week low of $17.45 and a 52 week high of $23.26. The firm’s fifty day moving average is $20.24 and its 200 day moving average is $21.17. The firm has a market cap of $14.00 billion, a P/E ratio of 57.19, a P/E/G ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a dividend of $0.305 per share. The ex-dividend date was Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 6.10%. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio (DPR) is currently 348.57%.

Analyst Upgrades and Downgrades

DOC has been the topic of several research reports. Mizuho lowered their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Morgan Stanley raised shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research note on Wednesday, January 15th. Wedbush reduced their price objective on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, 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 note on Friday, February 28th. 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, Healthpeak Properties presently has an average rating of “Moderate Buy” and an average target price of $23.92.

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.