UniSuper Management Pty Ltd Purchases 20,137 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

UniSuper Management Pty Ltd increased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 7.2% during the fourth quarter, HoldingsChannel reports. The fund owned 298,254 shares of the real estate investment trust’s stock after buying an additional 20,137 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Healthpeak Properties were worth $6,046,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp acquired a new stake in shares of Healthpeak Properties during the third quarter valued at about $1,093,576,000. Geode Capital Management LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $403,898,000. Principal Financial Group Inc. increased its position in Healthpeak Properties by 2,113.5% in the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock valued at $367,575,000 after acquiring an additional 17,314,572 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Healthpeak Properties in the 3rd quarter valued at approximately $175,697,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Healthpeak Properties by 23.2% during the third 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 last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Wells Fargo & Company decreased their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. Robert W. Baird decreased their price target 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. Scotiabank cut their price objective on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research note on Friday, February 28th. StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 22nd. Finally, Mizuho dropped 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 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Stock Down 0.4 %

Shares of NYSE DOC opened at $20.24 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The firm has a market cap of $14.16 billion, a PE ratio of 57.82, a P/E/G ratio of 2.17 and a beta of 1.14. The company’s fifty day simple moving average is $20.24 and its 200 day simple moving average is $21.12. Healthpeak Properties, Inc. has a 12-month low of $17.80 and a 12-month high of $23.26.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were given a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend 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.