Assetmark Inc. Raises Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Assetmark Inc. increased its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 433.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,982 shares of the real estate investment trust’s stock after acquiring an additional 2,423 shares during the period. Assetmark Inc.’s holdings in Healthpeak Properties were worth $60,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC purchased a new position in Healthpeak Properties in the third quarter worth about $37,000. Groupama Asset Managment purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $37,000. Wiser Advisor Group LLC purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $42,000. Continuum Advisory LLC purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $44,000. Finally, AdvisorNet Financial Inc boosted its position in shares of Healthpeak Properties by 34.5% during the fourth quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 563 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 2.1 %

Shares of Healthpeak Properties stock opened at $20.45 on Friday. The firm has a 50-day simple moving average of $20.21 and a two-hundred day simple moving average of $21.23. The company has a market cap of $14.30 billion, a P/E ratio of 58.42, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a fifty-two week low of $17.05 and a fifty-two week high of $23.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35.

Healthpeak Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were given a $0.305 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.97%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio is 348.57%.

Analyst Upgrades and Downgrades

DOC has been the subject of several research analyst reports. StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Thursday. Morgan Stanley raised shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research note on Wednesday, January 15th. Robert W. Baird decreased their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Scotiabank reduced their price objective on shares of 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. Finally, Mizuho reduced their price objective 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. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Healthpeak Properties presently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

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.