Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 4.3% during the 2nd quarter, Holdings Channel reports. The firm owned 1,595,365 shares of the real estate investment trust’s stock after purchasing an additional 66,245 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Healthpeak Properties were worth $27,935,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of DOC. Fifth Third Wealth Advisors LLC boosted its stake in Healthpeak Properties by 2.4% in the second quarter. Fifth Third Wealth Advisors LLC now owns 22,811 shares of the real estate investment trust’s stock valued at $399,000 after acquiring an additional 543 shares during the last quarter. Applied Finance Capital Management LLC lifted its stake in shares of Healthpeak Properties by 3.4% in the 1st quarter. Applied Finance Capital Management LLC now owns 17,648 shares of the real estate investment trust’s stock valued at $357,000 after purchasing an additional 577 shares during the period. LRI Investments LLC boosted its position in shares of Healthpeak Properties by 18.4% in the 2nd quarter. LRI Investments LLC now owns 4,481 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 697 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Healthpeak Properties by 4.1% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 18,146 shares of the real estate investment trust’s stock worth $367,000 after purchasing an additional 722 shares during the period. Finally, CX Institutional grew its stake in shares of Healthpeak Properties by 11.9% during the second quarter. CX Institutional now owns 6,820 shares of the real estate investment trust’s stock worth $119,000 after purchasing an additional 726 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.
Healthpeak Properties Stock Performance
Shares of DOC opened at $17.28 on Tuesday. The firm has a market cap of $12.01 billion, a P/E ratio of -345.43, a PEG ratio of 3.84 and a beta of 1.10. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $22.71. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.28 and a current ratio of 1.22. The firm’s 50 day moving average price is $18.32 and its two-hundred day moving average price is $17.83.
Healthpeak Properties Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be given a dividend of $0.1017 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 7.1%. Healthpeak Properties’s dividend payout ratio is -2,440.00%.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on DOC shares. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 target price on the stock in a report on Monday, September 15th. Robert W. Baird reduced their price objective on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Evercore ISI set a $22.00 price objective on shares of Healthpeak Properties in a report on Monday, September 15th. Wells Fargo & Company cut their target price on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 27th. Finally, Weiss Ratings lowered shares of Healthpeak Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, November 12th. Seven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Healthpeak Properties currently has an average rating of “Moderate Buy” and an average target price of $20.82.
Get Our Latest Stock Report on Healthpeak Properties
About Healthpeak Properties
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.
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