Arizona State Retirement System Has $887,000 Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Arizona State Retirement System lowered its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,658 shares of the real estate investment trust’s stock after selling 1,221 shares during the quarter. Arizona State Retirement System’s holdings in Healthpeak Properties were worth $887,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Meiji Yasuda Asset Management Co Ltd. grew its holdings in Healthpeak Properties by 1.1% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 64,154 shares of the real estate investment trust’s stock worth $928,000 after buying an additional 689 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in Healthpeak Properties by 1.3% during the third quarter. Thrivent Financial for Lutherans now owns 59,900 shares of the real estate investment trust’s stock worth $901,000 after buying an additional 793 shares in the last quarter. Vident Investment Advisory LLC grew its holdings in Healthpeak Properties by 2.2% during the fourth quarter. Vident Investment Advisory LLC now owns 41,335 shares of the real estate investment trust’s stock worth $598,000 after buying an additional 903 shares in the last quarter. New York State Teachers Retirement System grew its holdings in Healthpeak Properties by 0.3% during the third quarter. New York State Teachers Retirement System now owns 345,580 shares of the real estate investment trust’s stock worth $4,213,000 after buying an additional 938 shares in the last quarter. Finally, Cibc World Markets Corp grew its holdings in Healthpeak Properties by 0.9% during the first quarter. Cibc World Markets Corp now owns 111,081 shares of the real estate investment trust’s stock worth $1,948,000 after buying an additional 956 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 2.6 %

Shares of NYSE DOC opened at $17.82 on Wednesday. Healthpeak Properties, Inc. has a one year low of $15.24 and a one year high of $22.38. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.67 and a quick ratio of 0.67. The business’s fifty day moving average price is $15.48 and its 200-day moving average price is $13.35. The stock has a market capitalization of $12.64 billion, a PE ratio of 31.81, a P/E/G ratio of 1.82 and a beta of 1.02.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Truist Financial decreased their price target on Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating for the company in a report on Friday, December 22nd. Wells Fargo & Company started coverage on Healthpeak Properties in a research note on Monday, March 25th. They issued an “equal weight” rating and a $19.00 price objective for the company. Compass Point reduced their price objective on Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, January 2nd. Royal Bank of Canada upped their price objective on Healthpeak Properties from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. Finally, StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $17.67.

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.