OLD Mission Capital LLC Invests $887,000 in Healthpeak Properties, Inc. (NYSE:DOC)

OLD Mission Capital LLC acquired a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,742 shares of the real estate investment trust’s stock, valued at approximately $887,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FMR LLC bought a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $67,058,000. Townsquare Capital LLC bought a new stake in Healthpeak Properties during the third quarter valued at approximately $226,000. Rockefeller Capital Management L.P. bought a new stake in Healthpeak Properties during the third quarter valued at approximately $2,432,000. Captrust Financial Advisors purchased a new position in Healthpeak Properties in the 3rd quarter worth approximately $1,841,000. Finally, Edgestream Partners L.P. bought a new position in shares of Healthpeak Properties in the 3rd quarter worth $206,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on DOC. Wells Fargo & Company dropped their price objective on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a report on Wednesday, January 15th. Robert W. Baird decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Wedbush cut their target price on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Finally, Scotiabank reduced their price target 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. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $23.83.

Healthpeak Properties Price Performance

DOC stock opened at $18.42 on Friday. The stock has a market capitalization of $12.89 billion, a price-to-earnings ratio of 52.63, a PEG ratio of 2.17 and a beta of 1.14. The firm’s 50-day moving average price is $20.11 and its two-hundred day moving average price is $21.02. 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 $17.80 and a 12-month high of $23.26.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were given a dividend of $0.305 per share. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a yield of 6.62%. Healthpeak Properties’s dividend payout ratio is presently 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.