Sei Investments Co. Has $30.34 Million Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Sei Investments Co. decreased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 17.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,496,951 shares of the real estate investment trust’s stock after selling 317,721 shares during the period. Sei Investments Co.’s holdings in Healthpeak Properties were worth $30,343,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Harvest Fund Management Co. Ltd acquired a new position in shares of Healthpeak Properties during the 4th quarter worth about $30,000. Avior Wealth Management LLC acquired a new position in shares of Healthpeak Properties during the third quarter worth approximately $37,000. Continuum Advisory LLC bought a new stake in shares of Healthpeak Properties in the third quarter valued at approximately $44,000. AdvisorNet Financial Inc grew its stake in shares of Healthpeak Properties by 34.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 563 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in Healthpeak Properties during the fourth quarter worth $45,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $20.16 on Wednesday. The stock has a market capitalization of $14.10 billion, a P/E ratio of 57.60, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 1 year low of $17.51 and a 1 year high of $23.26. The firm has a 50 day moving average of $20.25 and a 200-day moving average of $21.14.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were paid a dividend of $0.305 per share. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 6.05%. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties’s dividend payout ratio is 348.57%.

Wall Street Analyst Weigh In

DOC has been the topic of several research analyst reports. Wells Fargo & Company decreased 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 research report on Tuesday, December 10th. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday. Robert W. Baird cut their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Mizuho decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Finally, Scotiabank cut their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Healthpeak Properties presently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Company 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.