Arete Wealth Advisors LLC Purchases 4,986 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Arete Wealth Advisors LLC increased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 24.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,029 shares of the real estate investment trust’s stock after acquiring an additional 4,986 shares during the period. Arete Wealth Advisors LLC’s holdings in Healthpeak Properties were worth $506,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd purchased a new position in shares of Healthpeak Properties in the fourth quarter worth $30,000. Groupama Asset Managment bought a new stake in Healthpeak Properties in the 3rd quarter worth about $37,000. Continuum Advisory LLC purchased a new position in Healthpeak Properties in the 3rd quarter worth about $44,000. AdvisorNet Financial Inc lifted its stake in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 563 shares during the period. Finally, Kestra Investment Management LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter valued at about $45,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Down 5.3 %

DOC opened at $18.42 on Friday. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 52.63, 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 $20.11 and its 200 day moving average is $21.01. Healthpeak Properties, Inc. has a fifty-two week low of $17.80 and a fifty-two week high of $23.26.

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 given a dividend of $0.305 per share. The ex-dividend date was Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 6.62%. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio (DPR) is currently 348.57%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DOC. Scotiabank decreased their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a report on Friday, February 28th. 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 note on Tuesday, December 10th. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research report on Wednesday, January 15th. Robert W. Baird lowered their price objective 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. Finally, StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 22nd. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $23.83.

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.