Healthpeak Properties, Inc. (NYSE:PEAK) Shares Sold by Stiles Financial Services Inc

Stiles Financial Services Inc lowered its holdings in Healthpeak Properties, Inc. (NYSE:PEAKFree Report) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,459 shares of the company’s stock after selling 647 shares during the period. Stiles Financial Services Inc’s holdings in Healthpeak Properties were worth $376,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Landscape Capital Management L.L.C. raised its holdings in shares of Healthpeak Properties by 34.6% during the third quarter. Landscape Capital Management L.L.C. now owns 52,928 shares of the company’s stock worth $972,000 after acquiring an additional 13,596 shares in the last quarter. Nuance Investments LLC raised its holdings in shares of Healthpeak Properties by 4.3% during the third quarter. Nuance Investments LLC now owns 4,094,832 shares of the company’s stock worth $75,181,000 after acquiring an additional 169,861 shares in the last quarter. Chartwell Investment Partners LLC raised its holdings in shares of Healthpeak Properties by 30.0% during the third quarter. Chartwell Investment Partners LLC now owns 253,856 shares of the company’s stock worth $4,661,000 after acquiring an additional 58,555 shares in the last quarter. Zevin Asset Management LLC raised its holdings in shares of Healthpeak Properties by 13.5% during the third quarter. Zevin Asset Management LLC now owns 45,085 shares of the company’s stock worth $828,000 after acquiring an additional 5,379 shares in the last quarter. Finally, Metis Global Partners LLC raised its holdings in shares of Healthpeak Properties by 1.1% during the third quarter. Metis Global Partners LLC now owns 107,510 shares of the company’s stock worth $1,974,000 after acquiring an additional 1,161 shares in the last quarter. Hedge funds and other institutional investors own 92.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PEAK. Scotiabank upgraded Healthpeak Properties from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $20.00 to $23.00 in a report on Friday, January 12th. Wedbush restated a “neutral” rating and set a $19.00 target price on shares of Healthpeak Properties in a report on Tuesday, October 31st. Bank of America lowered Healthpeak Properties from a “neutral” rating to an “underperform” rating and set a $17.50 target price on the stock. in a report on Monday, November 13th. BNP Paribas began coverage on Healthpeak Properties in a report on Wednesday, October 11th. They set an “underperform” rating and a $18.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on Healthpeak Properties in a report on Tuesday, January 30th. They set a “hold” rating and a $21.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties presently has an average rating of “Hold” and an average price target of $23.05.

View Our Latest Research Report on PEAK

Healthpeak Properties Trading Down 2.7 %

Shares of NYSE:PEAK opened at $17.81 on Tuesday. The company has a market cap of $9.74 billion, a P/E ratio of 40.48, a P/E/G ratio of 8.38 and a beta of 1.03. The stock’s 50-day moving average is $19.30 and its 200-day moving average is $18.98. Healthpeak Properties, Inc. has a 52-week low of $15.24 and a 52-week high of $27.47. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.58 and a current ratio of 0.58.

Healthpeak Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Wednesday, February 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.74%. The ex-dividend date is Tuesday, February 13th. Healthpeak Properties’s dividend payout ratio is currently 272.73%.

About Healthpeak Properties

(Free Report)

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.

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Institutional Ownership by Quarter for Healthpeak Properties (NYSE:PEAK)

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