Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Machina Capital S.A.S.

Machina Capital S.A.S. decreased its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 11.0% in the fourth quarter, HoldingsChannel reports. The firm owned 22,824 shares of the real estate investment trust’s stock after selling 2,826 shares during the period. Machina Capital S.A.S.’s holdings in Healthpeak Properties were worth $463,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AdvisorNet Financial Inc boosted its position in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 563 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of Healthpeak Properties by 10.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock valued at $133,000 after acquiring an additional 598 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in shares of Healthpeak Properties by 3.9% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock valued at $420,000 after acquiring an additional 797 shares in the last quarter. Mirador Capital Partners LP raised its stake in shares of Healthpeak Properties by 2.8% in the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock valued at $672,000 after acquiring an additional 901 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in Healthpeak Properties by 10.1% in the 4th quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust’s stock worth $205,000 after buying an additional 927 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DOC. Wells Fargo & Company decreased their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. Wedbush decreased their price objective on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Mizuho 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 Thursday, December 5th. Scotiabank decreased their price objective on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Finally, Morgan Stanley raised 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 analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Stock Up 1.9 %

Shares of NYSE:DOC opened at $20.52 on Friday. The business’s 50-day moving average is $20.20 and its 200-day moving average is $21.30. Healthpeak Properties, Inc. has a 1 year low of $16.66 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of 58.62, a P/E/G ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were issued a $0.305 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 5.95%. 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.