Healthpeak Properties, Inc. (NYSE:DOC) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 45.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,291 shares of the real estate investment trust’s stock after purchasing an additional 20,654 shares during the quarter. Mizuho Securities USA LLC’s holdings in Healthpeak Properties were worth $1,344,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock valued at $493,115,000 after acquiring an additional 4,056,931 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of Healthpeak Properties in the third quarter valued at about $1,880,000. Swedbank AB purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $1,832,000. Pathstone Holdings LLC purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $1,968,000. Finally, Citigroup Inc. acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth about $14,154,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Robert W. Baird cut their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Wedbush dropped their price target on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. Morgan Stanley upgraded 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. Scotiabank dropped 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. Finally, Mizuho decreased their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.92.

Healthpeak Properties Price Performance

DOC stock opened at $20.16 on Wednesday. Healthpeak Properties, Inc. has a 52-week low of $17.51 and a 52-week high of $23.26. The business has a fifty day moving average of $20.25 and a two-hundred day moving average of $21.14. The stock has a market cap of $14.10 billion, a price-to-earnings ratio of 57.60, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a $0.305 dividend. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties’s payout ratio is 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.