Nuance Investments LLC Has $13.74 Million Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Nuance Investments LLC lessened its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 10.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 677,938 shares of the real estate investment trust’s stock after selling 79,517 shares during the quarter. Nuance Investments LLC owned 0.10% of Healthpeak Properties worth $13,742,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AdvisorNet Financial Inc lifted its holdings in shares of Healthpeak Properties by 34.5% in the fourth 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. Exchange Traded Concepts LLC grew its holdings in shares of Healthpeak Properties by 10.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock worth $133,000 after purchasing an additional 598 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its position in Healthpeak Properties by 4.4% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust’s stock worth $337,000 after buying an additional 700 shares during the period. Commerzbank Aktiengesellschaft FI increased its position in Healthpeak Properties by 3.9% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust’s stock valued at $420,000 after acquiring an additional 797 shares during the period. Finally, Mirador Capital Partners LP lifted its holdings in Healthpeak Properties by 2.8% during the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock worth $672,000 after buying an additional 901 shares during the period. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on DOC. Wells Fargo & Company cut their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Wedbush cut their target price on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. Robert W. Baird cut their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Mizuho lowered their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Four equities 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Trading Down 1.4 %

Shares of DOC 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 fifty-two week low of $17.51 and a fifty-two week high of $23.26. The firm has a 50 day moving average price of $20.25 and a 200-day moving average price of $21.14. The firm has a market cap of $14.10 billion, a price-to-earnings ratio of 57.60, a PEG 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. Shareholders of record on Friday, February 14th were given a dividend of $0.305 per share. The ex-dividend date was Friday, February 14th. This represents a $1.22 annualized dividend and a yield of 6.05%. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio is presently 348.57%.

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.