IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 8,749 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

IQ EQ FUND MANAGEMENT IRELAND Ltd trimmed its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 12.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 63,980 shares of the real estate investment trust’s stock after selling 8,749 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Healthpeak Properties were worth $1,297,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans purchased a new stake in shares of Healthpeak Properties in the third quarter worth about $1,880,000. Citigroup Inc. bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $14,154,000. Cerity Partners LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $5,051,000. Swedbank AB bought a new position in Healthpeak Properties in the 3rd quarter valued at $1,832,000. Finally, Loomis Sayles & Co. L P purchased a new position in shares of Healthpeak Properties during the 3rd quarter valued at $70,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DOC shares. 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 research note on Wednesday, January 15th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 22nd. Scotiabank decreased their price objective 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. Wells Fargo & Company dropped their target price 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. 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 report on Friday, February 14th. Four equities 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock opened at $20.24 on Friday. 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, Inc. has a one year low of $17.80 and a one year high of $23.26. The business’s 50 day simple moving average is $20.24 and its two-hundred day simple moving average is $21.12. The stock has a market capitalization of $14.16 billion, a P/E ratio of 57.82, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The company also recently declared 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. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date was Friday, February 14th. 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.