NEOS Investment Management LLC Increases Position in Healthpeak Properties, Inc. (NYSE:DOC)

NEOS Investment Management LLC grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 31.0% during the fourth quarter, HoldingsChannel reports. The firm owned 31,572 shares of the real estate investment trust’s stock after acquiring an additional 7,464 shares during the period. NEOS Investment Management LLC’s holdings in Healthpeak Properties were worth $640,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Harvest Fund Management Co. Ltd acquired a new stake in shares of Healthpeak Properties in the fourth quarter valued at approximately $30,000. Groupama Asset Managment purchased a new stake in Healthpeak Properties in the 3rd quarter valued at $37,000. Continuum Advisory LLC purchased a new stake in Healthpeak Properties in the 3rd quarter valued at $44,000. AdvisorNet Financial Inc increased its stake in shares of Healthpeak Properties by 34.5% in 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 last quarter. Finally, Kestra Investment Management LLC purchased a new position in shares of Healthpeak Properties during the 4th quarter worth $45,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Down 0.1 %

Shares of NYSE:DOC opened at $20.20 on Monday. The firm has a market capitalization of $14.13 billion, a PE ratio of 57.70, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a 1 year low of $17.80 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 firm’s 50-day moving average is $20.23 and its two-hundred day moving average is $21.09.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were issued a dividend of $0.305 per share. 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 yield of 6.04%. Healthpeak Properties’s dividend payout ratio is 348.57%.

Analysts Set New Price Targets

Several research firms recently issued reports on DOC. Mizuho cut 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 report on Thursday, December 5th. Wells Fargo & Company cut their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. 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 cut 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. Finally, StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 22nd. 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. According to data from MarketBeat, Healthpeak Properties 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.