Dynamic Technology Lab Private Ltd Makes New $316,000 Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,597 shares of the real estate investment trust’s stock, valued at approximately $316,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of DOC. AdvisorNet Financial Inc lifted its stake in shares of Healthpeak Properties by 34.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 563 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Healthpeak Properties by 10.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 598 shares in the last quarter. Huntington National Bank lifted its stake in shares of Healthpeak Properties by 3.0% in the fourth quarter. Huntington National Bank now owns 20,843 shares of the real estate investment trust’s stock worth $422,000 after acquiring an additional 613 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Healthpeak Properties by 4.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust’s stock worth $337,000 after acquiring an additional 700 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI lifted its stake in shares of Healthpeak Properties by 3.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock worth $420,000 after acquiring an additional 797 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on DOC. Wedbush cut their price target on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Scotiabank cut their price target on 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. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 22nd. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a report on Wednesday, January 15th. Finally, Robert W. Baird lowered their price objective 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 issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.83.

Healthpeak Properties Stock Up 3.6 %

NYSE:DOC opened at $18.63 on Thursday. The firm has a market capitalization of $13.03 billion, a PE ratio of 53.23, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The stock has a 50 day moving average of $19.87 and a 200-day moving average of $20.88. Healthpeak Properties, Inc. has a 52 week low of $17.33 and a 52 week high of $23.26. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.1017 per share. This represents a $1.22 annualized dividend and a dividend yield of 6.55%. The ex-dividend date of this dividend is Monday, June 16th. 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.