37,060 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by Kentucky Trust Co

Kentucky Trust Co purchased a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,060 shares of the real estate investment trust’s stock, valued at approximately $751,000.

Other institutional investors also recently bought and sold shares of the company. AMF Tjanstepension AB purchased a new stake in Healthpeak Properties in the third quarter worth about $15,548,000. CWM LLC purchased a new stake in Healthpeak Properties in the third quarter worth about $1,298,000. UMB Bank n.a. purchased a new stake in Healthpeak Properties in the third quarter worth about $40,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Healthpeak Properties in the third quarter worth about $67,000. Finally, Valeo Financial Advisors LLC purchased a new stake in Healthpeak Properties in the third quarter worth about $471,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Trading Up 0.0 %

NYSE:DOC opened at $19.60 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.31 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26. The company has a market cap of $13.71 billion, a PE ratio of 55.99, a price-to-earnings-growth ratio of 2.18 and a beta of 1.15. The company has a 50 day simple moving average of $20.50 and a two-hundred day simple moving average of $21.51.

Healthpeak Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th will be given a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date is Friday, February 14th. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s payout ratio is 342.87%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DOC. Royal Bank of Canada upped their price objective on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Robert W. Baird cut their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday. Wells Fargo & Company cut their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. Finally, Mizuho cut their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.08.

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.