abrdn plc Has $56.93 Million Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

abrdn plc boosted its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,824,519 shares of the real estate investment trust’s stock after acquiring an additional 75,211 shares during the period. abrdn plc’s holdings in Healthpeak Properties were worth $56,928,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HM Payson & Co. acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $25,000. S.A. Mason LLC bought a new position in Healthpeak Properties during the third quarter worth $26,000. Rise Advisors LLC acquired a new position in Healthpeak Properties in the third quarter valued at $29,000. Fortitude Family Office LLC acquired a new position in Healthpeak Properties in the third quarter valued at $32,000. Finally, Barrett & Company Inc. bought a new stake in Healthpeak Properties during the third quarter valued at $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 $20.05 on Wednesday. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.93. The business has a 50 day moving average price of $20.67 and a 200-day moving average price of $21.54. The company has a market cap of $14.02 billion, a PE ratio of 42.65, a price-to-earnings-growth ratio of 2.22 and a beta of 1.15.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a $0.305 dividend. 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 6.09%. The ex-dividend date is Friday, February 14th. Healthpeak Properties’s dividend payout ratio is presently 255.32%.

Analysts Set New Price Targets

Several brokerages recently commented on DOC. StockNews.com lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Wells Fargo & Company reduced 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 research report on Tuesday, December 10th. Mizuho dropped their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and raised their price target for the stock from $20.00 to $28.00 in a report on Monday, October 21st. Finally, Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective on the stock in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.