Proficio Capital Partners LLC acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 53,574 shares of the real estate investment trust's stock, valued at approximately $1,086,000.
A number of other institutional investors have also recently bought and sold shares of DOC. Atria Investments Inc grew its position in Healthpeak Properties by 17.5% during the fourth quarter. Atria Investments Inc now owns 52,516 shares of the real estate investment trust's stock worth $1,064,000 after buying an additional 7,806 shares in the last quarter. Assetmark Inc. raised its position in Healthpeak Properties by 433.5% during the fourth quarter. Assetmark Inc. now owns 2,982 shares of the real estate investment trust's stock valued at $60,000 after purchasing an additional 2,423 shares in the last quarter. Keybank National Association OH raised its position in Healthpeak Properties by 36.3% during the fourth quarter. Keybank National Association OH now owns 934,490 shares of the real estate investment trust's stock valued at $18,942,000 after purchasing an additional 248,992 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Healthpeak Properties by 3.9% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 21,002 shares of the real estate investment trust's stock valued at $420,000 after purchasing an additional 797 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Healthpeak Properties by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 10,153,450 shares of the real estate investment trust's stock worth $205,810,000 after buying an additional 53,392 shares during the last quarter. Institutional investors own 93.57% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on DOC shares. Scotiabank decreased their price target on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Wedbush cut their price objective on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Wells Fargo & Company decreased their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating for the company in a research report on Tuesday, December 10th. Mizuho dropped 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 Thursday, December 5th. Finally, StockNews.com raised shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Saturday. 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. According to data from MarketBeat, Healthpeak Properties has a consensus rating of "Moderate Buy" and a consensus target price of $23.92.
Get Our Latest Stock Report on Healthpeak Properties
Healthpeak Properties Stock Performance
NYSE:DOC traded up $0.42 during trading on Monday, reaching $20.45. The company's stock had a trading volume of 3,344,719 shares, compared to its average volume of 4,630,014. The firm has a market cap of $14.30 billion, a price-to-earnings 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 $17.45 and a 12 month 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. The firm has a 50 day moving average of $20.24 and a 200-day moving average of $21.16.
Healthpeak Properties Increases Dividend
The company 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 is a boost from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties's payout ratio is currently 348.57%.
Healthpeak Properties Profile
(
Free Report)
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.
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