Cibc World Markets Corp Invests $1.07 Million in Healthpeak Properties, Inc. (NYSE:DOC)

Cibc World Markets Corp bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOCFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 80,086 shares of the real estate investment trust’s stock, valued at approximately $1,066,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DOC. Oppenheimer & Co. Inc. bought a new stake in Healthpeak Properties in the 3rd quarter worth about $248,000. Swiss National Bank grew its position in Healthpeak Properties by 0.9% in the 3rd quarter. Swiss National Bank now owns 524,106 shares of the real estate investment trust’s stock worth $6,389,000 after purchasing an additional 4,800 shares in the last quarter. Atria Wealth Solutions Inc. grew its position in Healthpeak Properties by 55.1% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 55,770 shares of the real estate investment trust’s stock worth $680,000 after purchasing an additional 19,819 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Healthpeak Properties by 3.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,703,493 shares of the real estate investment trust’s stock worth $45,146,000 after purchasing an additional 134,171 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Healthpeak Properties by 4.3% in the 3rd quarter. Van ECK Associates Corp now owns 27,876 shares of the real estate investment trust’s stock worth $340,000 after purchasing an additional 1,155 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $19.25 on Tuesday. The stock has a market capitalization of $13.55 billion, a P/E ratio of 55.00, a PEG ratio of 2.41 and a beta of 1.10. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.92. The firm’s 50 day moving average is $19.03 and its 200 day moving average is $15.53. Healthpeak Properties, Inc. has a 12 month low of $15.24 and a 12 month high of $22.38.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Monday, May 6th were paid a dividend of $0.30 per share. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.23. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date of this dividend was Friday, May 3rd. Healthpeak Properties’s dividend payout ratio is presently 342.86%.

Analyst Ratings Changes

A number of brokerages have issued reports on DOC. Wells Fargo & Company began coverage on shares of Healthpeak Properties in a research report on Monday, March 25th. They issued an “equal weight” rating and a $19.00 price objective for the company. JPMorgan Chase & Co. increased their target price on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, May 16th. Argus raised shares of Healthpeak Properties to a “strong-buy” rating in a research report on Thursday, May 9th. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Friday, April 26th. Finally, Wedbush raised shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating in a research report on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.41.

Read Our Latest Stock Report on DOC

Healthpeak Properties Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding DOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthpeak Properties, Inc. (NYSE:DOCFree Report).

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

Receive News & Ratings for Healthpeak Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthpeak Properties and related companies with MarketBeat.com's FREE daily email newsletter.