38,061 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Acquired by Naviter Wealth LLC

Naviter Wealth LLC bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 38,061 shares of the real estate investment trust’s stock, valued at approximately $771,000.

A number of other institutional investors and hedge funds have also modified their holdings of DOC. Candriam S.C.A. boosted its position in shares of Healthpeak Properties by 13.2% during the fourth quarter. Candriam S.C.A. now owns 110,949 shares of the real estate investment trust’s stock valued at $2,249,000 after buying an additional 12,966 shares during the last quarter. Inceptionr LLC purchased a new position in Healthpeak Properties in the 4th quarter worth about $1,242,000. Raymond James Financial Inc. bought a new position in Healthpeak Properties during the 4th quarter valued at about $22,545,000. Arizona State Retirement System boosted its holdings in shares of Healthpeak Properties by 0.7% during the 4th quarter. Arizona State Retirement System now owns 203,112 shares of the real estate investment trust’s stock valued at $4,117,000 after acquiring an additional 1,480 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in shares of Healthpeak Properties by 11.7% in the fourth quarter. Verdence Capital Advisors LLC now owns 17,758 shares of the real estate investment trust’s stock worth $360,000 after acquiring an additional 1,854 shares during the period. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Up 1.9 %

DOC opened at $20.52 on Friday. The stock has a market cap of $14.35 billion, a price-to-earnings ratio of 58.62, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. 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’s fifty day moving average is $20.20 and its 200 day moving average is $21.30. Healthpeak Properties, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $23.26.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were given a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 5.95%. 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 payout ratio is presently 348.57%.

Analysts Set New Price Targets

Several brokerages recently issued reports on DOC. Robert W. Baird dropped their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Mizuho dropped their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Wedbush reduced 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. Wells Fargo & Company dropped their target price on 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. Finally, Scotiabank reduced 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. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties presently has an average rating of “Moderate Buy” and a consensus 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.