Magnetar Financial LLC Purchases 128,941 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Magnetar Financial LLC grew its position in Healthpeak Properties, Inc. (NYSE:DOC) by 86.5% during the fourth quarter, HoldingsChannel reports. The firm owned 277,995 shares of the real estate investment trust’s stock after buying an additional 128,941 shares during the quarter. Magnetar Financial LLC’s holdings in Healthpeak Properties were worth $5,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of DOC. Harvest Fund Management Co. Ltd bought a new position in shares of Healthpeak Properties in the fourth quarter valued at approximately $30,000. Avior Wealth Management LLC bought a new position in Healthpeak Properties during the third quarter worth $37,000. Groupama Asset Managment bought a new position in Healthpeak Properties during the third quarter worth $37,000. Wiser Advisor Group LLC bought a new position in Healthpeak Properties during the third quarter worth $42,000. Finally, Continuum Advisory LLC bought a new position in Healthpeak Properties during the third quarter worth $44,000. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DOC shares. Scotiabank dropped 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. Robert W. Baird dropped 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 report on Tuesday, February 11th. Wells Fargo & Company dropped their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research note on Wednesday, January 15th. Finally, Wedbush decreased their price target on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Stock Down 0.2 %

Shares of NYSE:DOC opened at $20.43 on Thursday. Healthpeak Properties, Inc. has a 52 week low of $17.29 and a 52 week high of $23.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. The company’s fifty day moving average is $20.23 and its 200-day moving average is $21.20. The company has a market capitalization of $14.29 billion, a PE ratio of 58.36, a P/E/G ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were paid a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 5.97%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s payout ratio is currently 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.