Isthmus Partners LLC Sells 16,490 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Isthmus Partners LLC decreased its stake in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 3.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 489,529 shares of the real estate investment trust's stock after selling 16,490 shares during the quarter. Isthmus Partners LLC owned 0.07% of Healthpeak Properties worth $9,923,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AdvisorNet Financial Inc boosted its position in shares of Healthpeak Properties by 34.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 563 shares during the period. Exchange Traded Concepts LLC boosted its position in shares of Healthpeak Properties by 10.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust's stock valued at $133,000 after purchasing an additional 598 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position 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 during the period. Mirador Capital Partners LP boosted its position in Healthpeak Properties by 2.8% during the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust's stock worth $672,000 after acquiring an additional 901 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its position in Healthpeak Properties by 10.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust's stock worth $205,000 after acquiring an additional 927 shares during the period. Institutional investors and hedge funds own 93.57% of the company's stock.

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Healthpeak Properties Stock Performance

Shares of DOC stock traded down $0.12 during trading on Wednesday, reaching $20.21. The company had a trading volume of 3,754,869 shares, compared to its average volume of 4,730,672. The firm's 50 day simple moving average is $20.21 and its two-hundred day simple moving average is $21.26. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. Healthpeak Properties, Inc. has a one year low of $16.66 and a one year high of $23.26. The company has a market capitalization of $14.13 billion, a PE ratio of 57.73, a PEG ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The business 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 dividend on an annualized basis and a dividend yield of 6.04%. This is an increase from Healthpeak Properties's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties's dividend payout ratio (DPR) is presently 348.57%.

Analyst Ratings Changes

A number of equities research analysts have commented on DOC shares. Wedbush decreased their price objective on Healthpeak Properties from $27.00 to $24.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. Scotiabank decreased their price objective on 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. Mizuho decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. Wells Fargo & Company decreased their price objective on 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. Finally, Robert W. Baird decreased their price objective on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.