Sequoia Financial Advisors LLC Has $1.62 Million Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Sequoia Financial Advisors LLC boosted its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,139 shares of the real estate investment trust’s stock after buying an additional 5,325 shares during the period. Sequoia Financial Advisors LLC’s holdings in Healthpeak Properties were worth $1,624,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DOC. State Street Corp acquired a new position in Healthpeak Properties during the third quarter worth $1,093,576,000. Geode Capital Management LLC bought a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $403,898,000. Principal Financial Group Inc. increased its holdings in shares of Healthpeak Properties by 2,113.5% in the fourth quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock valued at $367,575,000 after purchasing an additional 17,314,572 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Healthpeak Properties during the 3rd quarter worth $175,697,000. Institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on DOC. StockNews.com raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Thursday. Scotiabank lowered 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. Robert W. Baird cut 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 report on Tuesday, February 11th. Wells Fargo & Company lowered their price target on shares of 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, Morgan Stanley raised shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research note on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and a consensus price target of $23.92.

Healthpeak Properties Trading Up 2.1 %

NYSE:DOC opened at $20.45 on Friday. 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 business’s 50-day simple moving average is $20.21 and its 200-day simple moving average is $21.23. Healthpeak Properties, Inc. has a fifty-two week low of $17.05 and a fifty-two week high of $23.26. The stock has a market capitalization of $14.30 billion, a PE ratio of 58.42, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were issued a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 5.97%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio 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.