KLP Kapitalforvaltning AS Takes $4.36 Million Position in Healthpeak Properties, Inc. (NYSE:DOC)

KLP Kapitalforvaltning AS acquired a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 215,219 shares of the real estate investment trust’s stock, valued at approximately $4,362,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DOC. Thrivent Financial for Lutherans acquired a new position in shares of Healthpeak Properties in the third quarter worth $1,880,000. Pathstone Holdings LLC purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $1,968,000. Avior Wealth Management LLC acquired a new position in Healthpeak Properties in the 3rd quarter valued at about $37,000. Commerce Bank purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $400,000. Finally, Advisors Asset Management Inc. acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $917,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $20.16 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. Healthpeak Properties, Inc. has a one year low of $17.51 and a one year high of $23.26. The stock’s 50 day moving average price is $20.25 and its 200 day moving average price is $21.14. The firm has a market capitalization of $14.10 billion, a PE ratio of 57.60, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 6.05%. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 14th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on DOC shares. Wells Fargo & Company cut 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. Scotiabank dropped their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Mizuho dropped their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Finally, 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 report on Tuesday, February 11th. Four research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.