Commonwealth Equity Services LLC Boosts Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Commonwealth Equity Services LLC increased its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 476,602 shares of the real estate investment trust's stock after buying an additional 12,727 shares during the quarter. Commonwealth Equity Services LLC owned 0.07% of Healthpeak Properties worth $9,661,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DOC. Oppenheimer & Co. Inc. purchased a new position in shares of Healthpeak Properties in the third quarter worth approximately $957,000. OneDigital Investment Advisors LLC purchased a new position in shares of Healthpeak Properties in the third quarter worth approximately $465,000. CIBC Asset Management Inc purchased a new position in shares of Healthpeak Properties in the third quarter worth approximately $2,251,000. Natixis Advisors LLC purchased a new position in shares of Healthpeak Properties in the third quarter worth approximately $7,359,000. Finally, Mutual of America Capital Management LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $5,420,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Healthpeak Properties Price Performance

Shares of DOC stock traded down $0.34 on Friday, reaching $20.02. The company's stock had a trading volume of 7,429,661 shares, compared to its average volume of 4,635,177. The stock's fifty day simple moving average is $20.24 and its 200-day simple moving average is $21.17. Healthpeak Properties, Inc. has a 1 year low of $17.45 and a 1 year high of $23.26. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $14.00 billion, a price-to-earnings ratio of 57.19, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Remove Ads

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a $0.305 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Healthpeak Properties's previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.10%. Healthpeak Properties's dividend payout ratio (DPR) is 348.57%.

Analyst Upgrades and Downgrades

A number of research firms have commented on DOC. Wedbush decreased their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Mizuho decreased their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Wells Fargo & Company decreased their target price on shares of Healthpeak Properties from $23.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Tuesday, December 10th. StockNews.com upgraded shares of Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Robert W. Baird decreased their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 11th. 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. 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 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.