Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 36.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 375,986 shares of the real estate investment trust’s stock after acquiring an additional 100,570 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.05% of Healthpeak Properties worth $7,621,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd bought a new position in shares of Healthpeak Properties in the 4th quarter worth approximately $30,000. Avior Wealth Management LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $37,000. Groupama Asset Managment bought a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $37,000. Wiser Advisor Group LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $42,000. Finally, Continuum Advisory LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $44,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 1.6 %

Healthpeak Properties stock opened at $20.02 on Friday. The stock has a market cap of $14.00 billion, a P/E ratio of 57.19, a PEG ratio of 2.17 and a beta of 1.14. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. Healthpeak Properties, Inc. has a 1 year low of $17.45 and a 1 year high of $23.26. The firm’s 50 day moving average price is $20.24 and its 200-day moving average price is $21.17.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors 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 dividend on an annualized basis and a dividend yield of 6.10%. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DOC shares. 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 research note on Wednesday, January 15th. StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Robert W. Baird decreased 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 note on Tuesday, February 11th. Wells Fargo & Company decreased their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. Finally, Scotiabank decreased their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research note on Friday, February 28th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

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.