Dimensional Fund Advisors LP Lowers Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Dimensional Fund Advisors LP decreased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,315,074 shares of the real estate investment trust's stock after selling 40,458 shares during the quarter. Dimensional Fund Advisors LP owned about 1.47% of Healthpeak Properties worth $209,082,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Mizuho Bank Ltd. bought a new position in shares of Healthpeak Properties during the 4th quarter valued at about $28,000. Harvest Fund Management Co. Ltd bought a new position in Healthpeak Properties during the fourth quarter valued at approximately $30,000. Covestor Ltd grew its holdings in Healthpeak Properties by 173.8% during the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 1,152 shares in the last quarter. AdvisorNet Financial Inc grew its holdings in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 563 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in Healthpeak Properties in the 4th quarter worth approximately $45,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wedbush lowered their target price on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating for the company in a research report on Monday. Robert W. Baird dropped their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. Morgan Stanley upgraded shares of Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 target price on the stock in a report on Wednesday, January 15th. Evercore ISI lowered their price target on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating for the company in a report on Monday. Finally, StockNews.com cut Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $23.45.

Healthpeak Properties Trading Down 0.8 %

Shares of DOC traded down $0.14 during mid-day trading on Monday, reaching $17.69. 1,579,015 shares of the company's stock traded hands, compared to its average volume of 4,892,045. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The stock's 50-day moving average is $19.57 and its two-hundred day moving average is $20.56. Healthpeak Properties, Inc. has a 12 month low of $17.33 and a 12 month high of $23.26. The stock has a market cap of $12.37 billion, a P/E ratio of 50.56, a P/E/G ratio of 2.17 and a beta of 1.02.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Healthpeak Properties had a return on equity of 2.61% and a net margin of 9.00%. The company had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. Research analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be given a $0.1017 dividend. The ex-dividend date is Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties's dividend payout ratio (DPR) is 305.00%.

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.