Norinchukin Bank The Boosts Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Norinchukin Bank The raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,029 shares of the real estate investment trust’s stock after buying an additional 915 shares during the period. Norinchukin Bank The’s holdings in Healthpeak Properties were worth $1,237,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of DOC. Mizuho Bank Ltd. purchased a new stake in Healthpeak Properties in the fourth quarter worth $28,000. Harvest Fund Management Co. Ltd purchased a new stake in Healthpeak Properties in the 4th quarter valued at about $30,000. Covestor Ltd grew its stake in Healthpeak Properties by 173.8% in the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 1,152 shares in the last quarter. AdvisorNet Financial Inc increased its position 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 acquiring an additional 563 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in shares of Healthpeak Properties during the fourth quarter valued at approximately $45,000. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on DOC. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research report on Wednesday, January 15th. Scotiabank cut their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research report on Friday, February 28th. Wedbush reaffirmed an “outperform” rating and issued a $24.00 price target on shares of Healthpeak Properties in a research report on Friday, April 11th. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Monday, April 14th. Finally, Robert W. Baird dropped their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Healthpeak Properties has an average rating of “Moderate Buy” and a consensus target price of $23.83.

Healthpeak Properties Stock Down 1.7 %

NYSE:DOC opened at $18.43 on Tuesday. The company’s 50 day moving average is $19.66 and its two-hundred day moving average is $20.65. The company has a market cap of $12.89 billion, a PE ratio of 52.66, a P/E/G ratio of 2.17 and a beta of 1.02. Healthpeak Properties, Inc. has a twelve month low of $17.33 and a twelve month 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 Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be given a dividend of $0.1017 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

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.