Healthpeak Properties, Inc. (NYSE:DOC) Stock Holdings Lowered by Aew Capital Management L P

Aew Capital Management L P trimmed its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 95.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 117,479 shares of the real estate investment trust’s stock after selling 2,613,920 shares during the quarter. Aew Capital Management L P’s holdings in Healthpeak Properties were worth $2,381,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. AMF Tjanstepension AB acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth $15,548,000. Allspring Global Investments Holdings LLC purchased a new position in Healthpeak Properties in the 3rd quarter worth about $794,000. Private Advisor Group LLC acquired a new stake in Healthpeak Properties during the 3rd quarter worth about $405,000. Assenagon Asset Management S.A. purchased a new stake in Healthpeak Properties during the third quarter valued at about $565,000. Finally, Allworth Financial LP acquired a new position in shares of Healthpeak Properties in the third quarter worth about $75,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 1.3 %

DOC opened at $20.44 on Friday. The firm has a 50 day simple moving average of $20.18 and a 200 day simple moving average of $21.36. Healthpeak Properties, Inc. has a fifty-two week low of $16.49 and a fifty-two week high of $23.26. The company has a market cap of $14.30 billion, a price-to-earnings ratio of 58.39, a price-to-earnings-growth ratio of 2.17 and a beta of 1.15. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35.

Healthpeak Properties Increases Dividend

The company also recently disclosed 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 of this dividend was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a yield of 5.97%. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s payout ratio is currently 348.57%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on DOC shares. Wedbush reduced their price target on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. Mizuho lowered their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Royal Bank of Canada increased their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Scotiabank dropped their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a report on Friday. Finally, Morgan Stanley upgraded shares of 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. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.92.

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.