Sumitomo Mitsui Trust Holdings Inc. Purchases 19,378 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 281,896 shares of the real estate investment trust’s stock after acquiring an additional 19,378 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.12% of Healthpeak Properties worth $3,752,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Portfolio Solutions LLC raised its position in shares of Healthpeak Properties by 31.6% during the third quarter. Orion Portfolio Solutions LLC now owns 386,844 shares of the real estate investment trust’s stock worth $4,716,000 after acquiring an additional 92,966 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Healthpeak Properties in the third quarter valued at about $741,000. Employees Retirement System of Texas increased its holdings in Healthpeak Properties by 39.5% in the third quarter. Employees Retirement System of Texas now owns 212,000 shares of the real estate investment trust’s stock valued at $2,584,000 after purchasing an additional 60,000 shares during the last quarter. American Century Companies Inc. increased its holdings in Healthpeak Properties by 2.0% in the third quarter. American Century Companies Inc. now owns 3,364,875 shares of the real estate investment trust’s stock valued at $41,018,000 after purchasing an additional 65,814 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in Healthpeak Properties by 11.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 646,048 shares of the real estate investment trust’s stock valued at $8,767,000 after purchasing an additional 63,915 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Up 1.2 %

DOC stock opened at $18.45 on Wednesday. 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 stock has a market capitalization of $13.09 billion, a P/E ratio of 32.95, a P/E/G ratio of 1.77 and a beta of 1.02. The business has a 50-day moving average of $16.24 and a 200-day moving average of $13.62. Healthpeak Properties, Inc. has a fifty-two week low of $15.24 and a fifty-two week high of $22.38.

Analysts Set New Price Targets

DOC has been the subject of a number of recent analyst reports. 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 report on Wednesday, April 10th. KeyCorp reiterated a “sector weight” rating on shares of Healthpeak Properties in a report on Friday, January 5th. Compass Point decreased their target price 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. Mizuho reissued a “buy” rating and issued a $22.00 target price on shares of Healthpeak Properties in a research note on Monday. Finally, Wells Fargo & Company initiated coverage on Healthpeak Properties in a research note on Monday, March 25th. They issued an “equal weight” rating and a $19.00 target price for the company. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $18.10.

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.