Moody National Bank Trust Division Sells 15,460 Shares of Healthpeak Properties, Inc. (NYSE:PEAK)

Moody National Bank Trust Division lessened its holdings in Healthpeak Properties, Inc. (NYSE:PEAKGet Rating) by 54.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 13,015 shares of the company’s stock after selling 15,460 shares during the period. Moody National Bank Trust Division’s holdings in Healthpeak Properties were worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of PEAK. GHP Investment Advisors Inc. bought a new stake in Healthpeak Properties in the 1st quarter valued at $26,000. Cyrus J. Lawrence LLC bought a new stake in Healthpeak Properties in the 1st quarter valued at $29,000. Nauset Wealth Management. LLC bought a new stake in Healthpeak Properties in the 1st quarter valued at $29,000. Carl Stuart Investment Advisor Inc. bought a new stake in Healthpeak Properties in the 1st quarter valued at $32,000. Finally, Certified Advisory Corp bought a new stake in Healthpeak Properties in the 1st quarter valued at $33,000. Institutional investors own 95.24% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $25.41 on Tuesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market cap of $13.71 billion, a P/E ratio of 61.98, a P/E/G ratio of 3.30 and a beta of 0.78. The firm has a 50 day simple moving average of $26.90 and a 200 day simple moving average of $29.32. Healthpeak Properties, Inc. has a fifty-two week low of $23.23 and a fifty-two week high of $36.85.

Healthpeak Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Monday, August 8th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date was Friday, August 5th. Healthpeak Properties’s dividend payout ratio is currently 292.69%.

Wall Street Analysts Forecast Growth

PEAK has been the topic of several analyst reports. Barclays lowered their price target on shares of Healthpeak Properties from $38.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday, September 9th. Mizuho reduced their price target on shares of Healthpeak Properties from $37.00 to $29.00 and set a “neutral” rating on the stock in a research report on Friday, July 29th. Jefferies Financial Group dropped their price objective on shares of Healthpeak Properties from $33.00 to $26.00 and set a “hold” rating for the company in a report on Thursday, June 30th. Capital One Financial assumed coverage on shares of Healthpeak Properties in a report on Friday, June 3rd. They set an “equal weight” rating and a $34.00 price objective for the company. Finally, Evercore ISI set a $32.00 price objective on shares of Healthpeak Properties in a report on Monday, June 20th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $33.42.

Healthpeak Properties Company Profile

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Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing, designed to provide stability through the inevitable industry cycles.

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Institutional Ownership by Quarter for Healthpeak Properties (NYSE:PEAK)

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