Daiwa Securities Group Inc. Reduces Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Daiwa Securities Group Inc. lowered its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,463 shares of the real estate investment trust’s stock after selling 3,637 shares during the period. Daiwa Securities Group Inc.’s holdings in Healthpeak Properties were worth $964,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in Healthpeak Properties by 3.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,657,838 shares of the real estate investment trust’s stock valued at $68,969,000 after buying an additional 181,773 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Healthpeak Properties by 3.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,703,493 shares of the real estate investment trust’s stock valued at $45,146,000 after buying an additional 134,171 shares during the period. American Century Companies Inc. boosted its position in Healthpeak Properties by 2.0% during the 3rd quarter. American Century Companies Inc. now owns 3,364,875 shares of the real estate investment trust’s stock valued at $41,018,000 after buying an additional 65,814 shares during the period. Victory Capital Management Inc. boosted its position in Healthpeak Properties by 9.9% during the 3rd quarter. Victory Capital Management Inc. now owns 2,183,206 shares of the real estate investment trust’s stock valued at $26,613,000 after buying an additional 196,861 shares during the period. Finally, California Public Employees Retirement System boosted its position in Healthpeak Properties by 10.1% during the 3rd quarter. California Public Employees Retirement System now owns 1,599,447 shares of the real estate investment trust’s stock valued at $19,497,000 after buying an additional 146,993 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Up 1.0 %

Shares of Healthpeak Properties stock opened at $18.64 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.67 and a quick ratio of 0.67. The company has a 50-day moving average of $16.38 and a 200 day moving average of $13.65. The firm has a market cap of $13.22 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 1.80 and a beta of 1.02. Healthpeak Properties, Inc. has a 1 year low of $15.24 and a 1 year high of $22.38.

Wall Street Analyst Weigh In

DOC has been the subject of several research analyst reports. Bank of America raised shares of Healthpeak Properties from an “underperform” rating to a “buy” rating and raised their target price for the stock from $18.00 to $25.00 in a research report on Monday, April 1st. KeyCorp reaffirmed a “sector weight” rating on shares of Healthpeak Properties in a research report on Friday, January 5th. Royal Bank of Canada raised their target price on shares of Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 10th. Compass Point dropped their target price on shares of Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Tuesday, January 2nd. Finally, Mizuho reaffirmed a “buy” rating and issued a $22.00 target price on shares of Healthpeak Properties in a research report on Monday. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.10.

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.