Healthpeak Properties, Inc. (NYSE:DOC) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC raised its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 45.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 66,291 shares of the real estate investment trust’s stock after buying an additional 20,654 shares during the period. Mizuho Securities USA LLC’s holdings in Healthpeak Properties were worth $1,344,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Harvest Fund Management Co. Ltd purchased a new position in Healthpeak Properties during the 4th quarter valued at about $30,000. Avior Wealth Management LLC purchased a new position in shares of Healthpeak Properties in the third quarter valued at approximately $37,000. Groupama Asset Managment purchased a new position in shares of Healthpeak Properties in the third quarter valued at approximately $37,000. Continuum Advisory LLC acquired a new position in shares of Healthpeak Properties in the third quarter valued at approximately $44,000. Finally, AdvisorNet Financial Inc increased its stake in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 563 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wells Fargo & Company dropped their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 10th. Mizuho lowered their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday. Scotiabank lowered their price objective on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research report on Friday, February 28th. Finally, Morgan Stanley raised shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a report on Wednesday, January 15th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.92.

Healthpeak Properties Trading Down 1.4 %

NYSE DOC opened at $20.16 on Wednesday. Healthpeak Properties, Inc. has a 12 month low of $17.51 and a 12 month high of $23.26. The company has a market capitalization of $14.10 billion, a price-to-earnings ratio of 57.60, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The firm’s fifty day moving average price is $20.25 and its 200 day moving average price is $21.14.

Healthpeak Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were issued a $0.305 dividend. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 6.05%. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties’s payout ratio is presently 348.57%.

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.