Virtu Financial LLC Makes New Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Virtu Financial LLC bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 27,974 shares of the real estate investment trust’s stock, valued at approximately $372,000.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in Healthpeak Properties during the 4th quarter valued at about $34,883,000. State of New Jersey Common Pension Fund D raised its stake in shares of Healthpeak Properties by 24.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 217,420 shares of the real estate investment trust’s stock valued at $2,894,000 after acquiring an additional 42,030 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Healthpeak Properties during the fourth quarter valued at approximately $892,000. AGF Management Ltd. boosted its holdings in shares of Healthpeak Properties by 28.7% in the fourth quarter. AGF Management Ltd. now owns 286,381 shares of the real estate investment trust’s stock valued at $3,812,000 after purchasing an additional 63,896 shares during the period. Finally, APG Asset Management US Inc. bought a new position in Healthpeak Properties in the fourth quarter worth approximately $1,450,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $19.48 on Thursday. Healthpeak Properties, Inc. has a 12-month low of $15.24 and a 12-month high of $22.38. The business’s fifty day simple moving average is $19.14 and its 200-day simple moving average is $15.89. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.92. The company has a market cap of $13.71 billion, a PE ratio of 55.66, a PEG ratio of 2.42 and a beta of 1.10.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Monday, May 6th were given a dividend of $0.30 per share. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.23. This represents a $1.20 annualized dividend and a yield of 6.16%. The ex-dividend date of this dividend was Friday, May 3rd. Healthpeak Properties’s dividend payout ratio is currently 342.87%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Royal Bank of Canada lifted their target price on Healthpeak Properties from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th. StockNews.com cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Friday, April 26th. Bank of America upgraded shares of Healthpeak Properties from an “underperform” rating to a “buy” rating and boosted their price target for the company from $18.00 to $25.00 in a report on Monday, April 1st. Wedbush raised shares of Healthpeak Properties from a “neutral” rating to an “outperform” rating in a research report on Friday, May 3rd. Finally, Mizuho reissued a “buy” rating and set a $22.00 price objective on shares of Healthpeak Properties in a report on Monday, April 22nd. 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Healthpeak Properties presently has a consensus rating of “Moderate Buy” and an average target price of $19.41.

About Healthpeak Properties

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.