Aew Capital Management L P Increases Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Aew Capital Management L P raised its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,790 shares of the real estate investment trust’s stock after purchasing an additional 3,790 shares during the period. Aew Capital Management L P’s holdings in Healthpeak Properties were worth $570,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its stake in Healthpeak Properties by 3.3% in the third 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 purchasing an additional 181,773 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Healthpeak Properties by 3.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,703,493 shares of the real estate investment trust’s stock worth $45,146,000 after acquiring an additional 134,171 shares during the last quarter. American Century Companies Inc. grew its position in shares of Healthpeak Properties by 2.0% during the third quarter. American Century Companies Inc. now owns 3,364,875 shares of the real estate investment trust’s stock worth $41,018,000 after acquiring an additional 65,814 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Healthpeak Properties by 9.9% during the third quarter. Victory Capital Management Inc. now owns 2,183,206 shares of the real estate investment trust’s stock worth $26,613,000 after acquiring an additional 196,861 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in shares of Healthpeak Properties by 10.1% during the third quarter. California Public Employees Retirement System now owns 1,599,447 shares of the real estate investment trust’s stock worth $19,497,000 after acquiring an additional 146,993 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Performance

NYSE:DOC traded up $0.48 during midday trading on Friday, reaching $18.82. The stock had a trading volume of 7,081,718 shares, compared to its average volume of 7,275,178. The firm has a fifty day simple moving average of $16.66 and a two-hundred day simple moving average of $13.74. Healthpeak Properties, Inc. has a 12-month low of $15.24 and a 12-month high of $22.38. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.00. The stock has a market cap of $13.35 billion, a P/E ratio of 33.61, a P/E/G ratio of 1.84 and a beta of 1.02.

Wall Street Analysts Forecast Growth

DOC has been the topic of a number of research reports. Bank of America upgraded 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. 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. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Friday. Compass Point lowered their target price on shares of Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating on the stock in a research report on Tuesday, January 2nd. Finally, Mizuho reiterated a “buy” rating and issued a $22.00 price objective on shares of Healthpeak Properties in a research report on Monday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $18.36.

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.