Raymond James Financial Inc. Makes New Investment in Healthpeak Properties, Inc. (NYSE:DOC)

Raymond James Financial Inc. acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,112,244 shares of the real estate investment trust's stock, valued at approximately $22,545,000. Raymond James Financial Inc. owned about 0.16% of Healthpeak Properties as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Mizuho Bank Ltd. acquired a new position in shares of Healthpeak Properties in the fourth quarter worth $28,000. Harvest Fund Management Co. Ltd acquired a new stake in Healthpeak Properties in the 4th quarter valued at about $30,000. AdvisorNet Financial Inc boosted its stake 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 buying an additional 563 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Healthpeak Properties during the fourth quarter worth about $45,000. Finally, Assetmark Inc. increased its stake in shares of Healthpeak Properties by 433.5% during the fourth quarter. Assetmark Inc. now owns 2,982 shares of the real estate investment trust's stock worth $60,000 after buying an additional 2,423 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DOC has been the topic of a number of recent analyst reports. Scotiabank dropped their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. Morgan Stanley upgraded Healthpeak Properties from an "equal weight" rating to an "overweight" rating and set a $25.00 price target on the stock in a research note on Wednesday, January 15th. StockNews.com cut Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Wednesday. Wedbush reissued an "outperform" rating and set a $24.00 target price on shares of Healthpeak Properties in a research report on Friday, April 11th. Finally, Robert W. Baird lowered their price target on Healthpeak Properties from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $23.83.

Healthpeak Properties Price Performance

Shares of NYSE DOC traded up $0.19 on Thursday, hitting $19.01. The company's stock had a trading volume of 1,142,497 shares, compared to its average volume of 4,884,956. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a 50 day moving average of $19.62 and a 200-day moving average of $20.62. Healthpeak Properties, Inc. has a 12-month low of $17.33 and a 12-month high of $23.26. The company has a market capitalization of $13.30 billion, a price-to-earnings ratio of 54.22, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02.

Healthpeak Properties Announces Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be issued a $0.1017 dividend. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 6.5%. Healthpeak Properties's dividend payout ratio (DPR) is 348.57%.

Healthpeak Properties Company 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.