Jones Financial Companies Lllp raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 10.7% during the second quarter, HoldingsChannel reports. The firm owned 263,547 shares of the real estate investment trust’s stock after purchasing an additional 25,445 shares during the quarter. Jones Financial Companies Lllp’s holdings in Healthpeak Properties were worth $5,679,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Advocate Investing Services LLC purchased a new position in Healthpeak Properties in the 4th quarter worth $26,000. Clearstead Trust LLC lifted its holdings in Healthpeak Properties by 66.7% in the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 543 shares during the period. Elyxium Wealth LLC acquired a new position in shares of Healthpeak Properties in the 4th quarter valued at $31,000. Clearstead Advisors LLC raised its position in shares of Healthpeak Properties by 166.3% in the fourth quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,216 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new position in Healthpeak Properties during the second quarter worth approximately $33,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.
Healthpeak Properties Price Performance
Shares of NYSE DOC opened at $21.62 on Tuesday. The firm has a 50-day simple moving average of $21.41 and a 200-day simple moving average of $19.07. The stock has a market capitalization of $14.91 billion, a price-to-earnings ratio of 61.77, a price-to-earnings-growth ratio of 2.50 and a beta of 1.01. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $22.95.
Healthpeak Properties Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be paid a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.
Analyst Ratings Changes
A number of research firms have weighed in on DOC. UBS Group upped their price objective on shares of Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Raymond James Financial initiated coverage on shares of Healthpeak Properties in a research report on Wednesday, June 17th. They issued a “market perform” rating on the stock. Barclays started coverage on shares of Healthpeak Properties in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $23.00 target price for the company. Scotiabank upped their price target on shares of Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 27th. Finally, Mizuho raised their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, Healthpeak Properties has an average rating of “Hold” and an average target price of $21.66.
View Our Latest Stock Analysis on DOC
Healthpeak Properties Company Profile
Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.
Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.
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