Yousif Capital Management LLC Sells 4,309 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Yousif Capital Management LLC lessened its position in Healthpeak Properties, Inc. (NYSE:DOC) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 112,126 shares of the real estate investment trust’s stock after selling 4,309 shares during the period. Yousif Capital Management LLC’s holdings in Healthpeak Properties were worth $2,273,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. State Street Corp bought a new position in Healthpeak Properties in the 3rd quarter valued at approximately $1,093,576,000. JPMorgan Chase & Co. increased its holdings in Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after buying an additional 4,056,931 shares in the last quarter. Geode Capital Management LLC purchased a new position in Healthpeak Properties in the 3rd quarter worth about $403,898,000. Charles Schwab Investment Management Inc. bought a new position in Healthpeak Properties during the 3rd quarter valued at about $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $175,697,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 1.4 %

Shares of DOC stock opened at $19.58 on Tuesday. The stock has a fifty day simple moving average of $20.54 and a two-hundred day simple moving average of $21.52. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The firm has a market capitalization of $13.70 billion, a PE ratio of 55.94, a PEG ratio of 2.18 and a beta of 1.15. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.31 and a current ratio of 1.35.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 6.23%. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio (DPR) is currently 342.87%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DOC shares. Mizuho decreased their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Robert W. Baird increased their price target on Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft raised Healthpeak Properties from a “hold” rating to a “buy” rating and increased their target price for the company from $20.00 to $28.00 in a report on Monday, October 21st. Finally, StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Healthpeak Properties presently has an average rating of “Moderate Buy” and a consensus target price of $24.15.

Healthpeak Properties Company Profile

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.