American International Group Inc. Sells 14,243 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

American International Group Inc. lessened its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 438,577 shares of the real estate investment trust’s stock after selling 14,243 shares during the period. American International Group Inc.’s holdings in Healthpeak Properties were worth $5,837,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DOC. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth about $124,000. Envestnet Asset Management Inc. boosted its stake in shares of Healthpeak Properties by 50.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 503,944 shares of the real estate investment trust’s stock worth $6,143,000 after buying an additional 169,708 shares during the last quarter. Aigen Investment Management LP acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth about $398,000. Stifel Financial Corp boosted its stake in shares of Healthpeak Properties by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 249,140 shares of the real estate investment trust’s stock worth $3,037,000 after buying an additional 6,003 shares during the last quarter. Finally, MQS Management LLC boosted its stake in shares of Healthpeak Properties by 158.9% during the 3rd quarter. MQS Management LLC now owns 43,212 shares of the real estate investment trust’s stock worth $527,000 after buying an additional 26,524 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on DOC shares. Wells Fargo & Company started coverage on shares of Healthpeak Properties in a research note on Monday, March 25th. They set an “equal weight” rating and a $19.00 price objective for the company. Royal Bank of Canada raised their target price 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. Bank of America upgraded shares of Healthpeak Properties from an “underperform” rating to a “buy” rating and raised their target price for the company from $18.00 to $25.00 in a research note on Monday, April 1st. JPMorgan Chase & Co. raised their target price on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, May 16th. Finally, Wedbush upgraded shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating in a research note on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.41.

Healthpeak Properties Trading Down 0.7 %

Shares of DOC stock opened at $19.24 on Friday. The firm has a 50 day moving average price of $19.17 and a two-hundred day moving average price of $15.96. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $13.54 billion, a PE ratio of 54.97, a price-to-earnings-growth ratio of 2.43 and a beta of 1.10. 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 announced a quarterly dividend, which was paid on Friday, May 17th. Stockholders of record on Monday, May 6th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, May 3rd. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.23. This represents a $1.20 annualized dividend and a dividend yield of 6.24%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 342.87%.

Healthpeak Properties 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.