Healthpeak Properties, Inc. (NYSE:DOC) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 22.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,450 shares of the real estate investment trust’s stock after buying an additional 998 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Healthpeak Properties were worth $110,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC acquired a new position in Healthpeak Properties in the third quarter worth approximately $37,000. Wiser Advisor Group LLC acquired a new position in Healthpeak Properties in the third quarter worth approximately $42,000. Continuum Advisory LLC acquired a new position in Healthpeak Properties in the third quarter worth approximately $44,000. AdvisorNet Financial Inc grew its position in 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 buying an additional 563 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new position in Healthpeak Properties in the fourth quarter worth approximately $45,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 2.1 %

Shares of NYSE:DOC opened at $20.45 on Monday. The firm has a fifty day moving average of $20.21 and a two-hundred day moving average of $21.23. The firm has a market capitalization 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 12-month low of $17.05 and a 12-month high of $23.26. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DOC. Robert W. Baird decreased their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Wells Fargo & Company lowered their price objective 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 upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Thursday. Mizuho lowered their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Finally, Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective on the stock in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties has an average rating of “Moderate Buy” and an average target price of $23.92.

About Healthpeak Properties

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.