Vanderbilt University Sells 971 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Vanderbilt University lowered its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,570 shares of the real estate investment trust’s stock after selling 971 shares during the period. Vanderbilt University’s holdings in Healthpeak Properties were worth $2,120,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. HM Payson & Co. bought a new position in Healthpeak Properties in the 3rd quarter valued at about $25,000. S.A. Mason LLC acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $26,000. Rise Advisors LLC bought a new position in Healthpeak Properties in the third quarter valued at approximately $29,000. Fortitude Family Office LLC acquired a new position in Healthpeak Properties during the third quarter valued at approximately $32,000. Finally, Barrett & Company Inc. bought a new stake in Healthpeak Properties during the third quarter worth $33,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $20.07 on Thursday. The stock has a market cap of $14.03 billion, a price-to-earnings ratio of 42.69, a P/E/G ratio of 2.22 and a beta of 1.15. Healthpeak Properties, Inc. has a twelve month low of $16.01 and a twelve month high of $23.26. The company’s fifty day moving average is $20.63 and its 200 day moving average is $21.53. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be paid a $0.305 dividend. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 6.08%. Healthpeak Properties’s dividend payout ratio is presently 348.57%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DOC. Mizuho decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a research report on Wednesday, January 15th. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Royal Bank of Canada lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and increased their price objective for the company from $20.00 to $28.00 in a research note on Monday, October 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $24.15.

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.