Healthpeak Properties, Inc. (NYSE:DOC) Stock Position Lifted by Vert Asset Management LLC

Vert Asset Management LLC boosted its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 11.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 304,219 shares of the real estate investment trust’s stock after acquiring an additional 30,461 shares during the quarter. Healthpeak Properties makes up approximately 2.1% of Vert Asset Management LLC’s holdings, making the stock its 17th largest position. Vert Asset Management LLC’s holdings in Healthpeak Properties were worth $6,167,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of DOC. Pacer Advisors Inc. raised its holdings in shares of Healthpeak Properties by 12.4% during the fourth quarter. Pacer Advisors Inc. now owns 59,305 shares of the real estate investment trust’s stock worth $1,202,000 after acquiring an additional 6,541 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Healthpeak Properties by 27.1% during the 4th quarter. Blue Trust Inc. now owns 14,006 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 2,990 shares in the last quarter. AlphaMark Advisors LLC lifted its holdings in shares of Healthpeak Properties by 27.1% during the 4th quarter. AlphaMark Advisors LLC now owns 41,335 shares of the real estate investment trust’s stock valued at $838,000 after buying an additional 8,815 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Healthpeak Properties by 10.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 598 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Healthpeak Properties by 20.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 5,697 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 968 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DOC. Mizuho reduced their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Royal Bank of Canada increased their target price on shares of Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research report on Wednesday, January 15th. Robert W. Baird increased their price objective on Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Finally, StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $24.15.

Healthpeak Properties Price Performance

NYSE:DOC opened at $21.18 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. Healthpeak Properties, Inc. has a one year low of $16.01 and a one year high of $23.26. The company has a fifty day moving average price of $20.83 and a 200 day moving average price of $21.56. The stock has a market cap of $14.82 billion, a P/E ratio of 45.07, a PEG ratio of 2.21 and a beta of 1.14.

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.