International Assets Investment Management LLC Buys 11,214 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

International Assets Investment Management LLC grew its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 1,231.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 12,125 shares of the real estate investment trust’s stock after acquiring an additional 11,214 shares during the quarter. International Assets Investment Management LLC’s holdings in Healthpeak Properties were worth $161,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. SG Americas Securities LLC lifted its position in Healthpeak Properties by 353.7% during the third quarter. SG Americas Securities LLC now owns 125,969 shares of the real estate investment trust’s stock worth $1,536,000 after purchasing an additional 98,207 shares during the period. Exchange Traded Concepts LLC boosted its position in shares of Healthpeak Properties by 10,057.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 41,239 shares of the real estate investment trust’s stock worth $503,000 after acquiring an additional 40,833 shares in the last quarter. Oak Thistle LLC bought a new position in Healthpeak Properties in the third quarter valued at approximately $154,000. Harbor Capital Advisors Inc. increased its stake in Healthpeak Properties by 9.6% in the third quarter. Harbor Capital Advisors Inc. now owns 146,526 shares of the real estate investment trust’s stock valued at $1,786,000 after acquiring an additional 12,820 shares during the last quarter. Finally, Tectonic Advisors LLC lifted its stake in Healthpeak Properties by 31.9% during the third quarter. Tectonic Advisors LLC now owns 251,300 shares of the real estate investment trust’s stock worth $3,063,000 after purchasing an additional 60,766 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DOC. Mizuho reiterated a “buy” rating and issued a $22.00 price target on shares of Healthpeak Properties in a research note on Monday, April 22nd. Bank of America raised Healthpeak Properties from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $18.00 to $25.00 in a research note on Monday, April 1st. Royal Bank of Canada raised their price target on shares of Healthpeak Properties from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. Compass Point lowered their price objective on shares of Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Tuesday, January 2nd. Finally, BNP Paribas upgraded shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating and raised their target price for the company from $19.00 to $21.00 in a research report on Friday. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $18.36.

Healthpeak Properties Trading Up 2.5 %

Shares of NYSE DOC opened at $18.80 on Monday. The stock has a market cap of $13.34 billion, a P/E ratio of 53.71, a price-to-earnings-growth ratio of 1.85 and a beta of 1.02. The firm has a 50 day moving average price of $16.66 and a two-hundred day moving average price of $13.76. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.67 and a current ratio of 0.67. Healthpeak Properties, Inc. has a 52-week low of $15.24 and a 52-week high of $22.38.

Healthpeak Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, May 6th will be given a dividend of $0.30 per share. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.23. This represents a $1.20 annualized dividend and a yield of 6.38%. The ex-dividend date is Friday, May 3rd. Healthpeak Properties’s dividend payout ratio (DPR) is currently 342.86%.

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.