Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by NFP Retirement Inc.

NFP Retirement Inc. reduced its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,218 shares of the real estate investment trust’s stock after selling 1,660 shares during the quarter. NFP Retirement Inc.’s holdings in Healthpeak Properties were worth $308,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DOC. Janus Henderson Group PLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $1,779,000. Stifel Financial Corp acquired a new position in shares of Healthpeak Properties in the third quarter valued at approximately $8,804,000. Wellington Management Group LLP purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $1,599,000. National Bank of Canada FI acquired a new stake in Healthpeak Properties during the third quarter worth approximately $69,000. Finally, MML Investors Services LLC purchased a new stake in Healthpeak Properties in the 3rd quarter worth approximately $3,863,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Robert W. Baird reduced 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 Tuesday, February 11th. 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. Wedbush restated an “outperform” rating and issued a $24.00 price target on shares of Healthpeak Properties in a report on Friday. StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 22nd. Finally, Scotiabank lowered their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.83.

Healthpeak Properties Price Performance

Healthpeak Properties stock opened at $18.14 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $12.69 billion, a P/E ratio of 51.83, a PEG ratio of 2.17 and a beta of 1.02. The firm has a fifty day moving average of $19.79 and a 200-day moving average of $20.82. Healthpeak Properties, Inc. has a 52-week low of $17.33 and a 52-week high of $23.26.

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 27th. Investors of record on Monday, June 16th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.22 annualized dividend and a yield of 6.73%. 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.