Y Intercept Hong Kong Ltd Acquires 36,609 Shares of Healthpeak Properties, Inc. $DOC

Y Intercept Hong Kong Ltd raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 79.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 82,933 shares of the real estate investment trust’s stock after acquiring an additional 36,609 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Healthpeak Properties were worth $1,588,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fifth Third Wealth Advisors LLC lifted its holdings in Healthpeak Properties by 2.4% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 22,811 shares of the real estate investment trust’s stock worth $399,000 after buying an additional 543 shares during the period. CoreCap Advisors LLC raised its position in shares of Healthpeak Properties by 22.4% during the third quarter. CoreCap Advisors LLC now owns 3,352 shares of the real estate investment trust’s stock worth $64,000 after acquiring an additional 613 shares during the last quarter. LRI Investments LLC lifted its stake in shares of Healthpeak Properties by 18.4% in the second quarter. LRI Investments LLC now owns 4,481 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 697 shares during the period. Venture Visionary Partners LLC boosted its holdings in Healthpeak Properties by 4.8% in the third quarter. Venture Visionary Partners LLC now owns 15,455 shares of the real estate investment trust’s stock valued at $296,000 after acquiring an additional 703 shares during the last quarter. Finally, Verdence Capital Advisors LLC increased its position in Healthpeak Properties by 2.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 28,938 shares of the real estate investment trust’s stock valued at $552,000 after purchasing an additional 727 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DOC shares. Jefferies Financial Group downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price target for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Weiss Ratings raised shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Robert W. Baird cut their price target on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Cantor Fitzgerald set a $17.00 price target on Healthpeak Properties in a report on Monday, January 5th. Finally, Wells Fargo & Company boosted their price objective on Healthpeak Properties from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $19.67.

Healthpeak Properties Trading Up 0.5%

DOC opened at $17.22 on Friday. The company has a fifty day moving average price of $17.00 and a two-hundred day moving average price of $17.66. Healthpeak Properties, Inc. has a 1-year low of $15.71 and a 1-year high of $21.28. The company has a market cap of $11.97 billion, a P/E ratio of -344.33, a price-to-earnings-growth ratio of 4.32 and a beta of 1.12. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.11.

Healthpeak Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

Healthpeak Properties Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.