William Blair Investment Management LLC Raises Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

William Blair Investment Management LLC increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,030 shares of the real estate investment trust’s stock after purchasing an additional 2,027 shares during the quarter. William Blair Investment Management LLC’s holdings in Healthpeak Properties were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DOC. State Street Corp acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $1,093,576,000. JPMorgan Chase & Co. lifted its stake in shares of Healthpeak Properties by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock valued at $493,115,000 after buying an additional 4,056,931 shares during the period. Principal Financial Group Inc. boosted its position in Healthpeak Properties by 2,113.5% during the fourth quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock worth $367,575,000 after acquiring an additional 17,314,572 shares during the last quarter. Geode Capital Management LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $403,898,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Healthpeak Properties by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,153,450 shares of the real estate investment trust’s stock valued at $205,810,000 after acquiring an additional 53,392 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

DOC has been the topic of several analyst reports. Scotiabank decreased their price objective on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Morgan Stanley raised 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. Mizuho dropped their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Thursday, March 13th. Finally, Wells Fargo & Company dropped their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.92.

Healthpeak Properties Stock Down 0.2 %

Shares of NYSE DOC opened at $20.43 on Thursday. The stock has a fifty day moving average price of $20.23 and a 200 day moving average price of $21.20. 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, Inc. has a 12-month low of $17.29 and a 12-month high of $23.26. The company has a market cap of $14.29 billion, a P/E ratio of 58.36, a P/E/G ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The business 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. The ex-dividend date was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.97%. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.

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.