Sapient Capital LLC Invests $165,000 in Healthpeak Properties, Inc. (NYSE:DOC)

Sapient Capital LLC acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,400 shares of the real estate investment trust’s stock, valued at approximately $165,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Leeward Investments LLC MA purchased a new stake in shares of Healthpeak Properties during the 4th quarter valued at approximately $13,038,000. abrdn plc grew its position in shares of Healthpeak Properties by 1,749.1% in the fourth quarter. abrdn plc now owns 919,351 shares of the real estate investment trust’s stock valued at $12,237,000 after purchasing an additional 869,631 shares in the last quarter. First Eagle Investment Management LLC lifted its holdings in Healthpeak Properties by 44.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 766,208 shares of the real estate investment trust’s stock worth $9,340,000 after purchasing an additional 236,750 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Healthpeak Properties by 9.9% in the 3rd quarter. Victory Capital Management Inc. now owns 2,183,206 shares of the real estate investment trust’s stock worth $26,613,000 after purchasing an additional 196,861 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Healthpeak Properties by 3.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,657,838 shares of the real estate investment trust’s stock valued at $68,969,000 after buying an additional 181,773 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Down 0.2 %

Shares of NYSE DOC opened at $19.16 on Thursday. The company has a market cap of $13.48 billion, a price-to-earnings ratio of 54.73, a PEG ratio of 1.87 and a beta of 1.01. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.92. The firm’s fifty day moving average is $17.90 and its 200 day moving average is $14.17. Healthpeak Properties, Inc. has a 52 week low of $15.24 and a 52 week high of $22.38.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, May 6th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Friday, May 3rd. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.23. Healthpeak Properties’s payout ratio is currently 342.86%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wedbush raised shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating in a research note on Friday, May 3rd. Bank of America upgraded Healthpeak Properties from an “underperform” rating to a “buy” rating and increased their price objective for the stock from $18.00 to $25.00 in a research report on Monday, April 1st. Wells Fargo & Company assumed coverage on Healthpeak Properties in a research note on Monday, March 25th. They issued an “equal weight” rating and a $19.00 target price on the stock. Royal Bank of Canada upped their price objective on shares of Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 10th. Finally, Mizuho reiterated a “buy” rating and set a $22.00 target price on shares of Healthpeak Properties in a research report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Hold” and an average price target of $18.50.

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.