Sfmg LLC Grows Position in Healthpeak Properties, Inc. (NYSE:DOC)

Sfmg LLC raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 103,179 shares of the real estate investment trust’s stock after acquiring an additional 5,023 shares during the period. Sfmg LLC’s holdings in Healthpeak Properties were worth $2,091,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harvest Fund Management Co. Ltd acquired a new stake in Healthpeak Properties during the 4th quarter valued at approximately $30,000. Avior Wealth Management LLC acquired a new stake in Healthpeak Properties during the 3rd quarter valued at approximately $37,000. Groupama Asset Managment acquired a new stake in Healthpeak Properties during the 3rd quarter valued at approximately $37,000. Wiser Advisor Group LLC acquired a new stake in Healthpeak Properties during the 3rd quarter valued at approximately $42,000. Finally, Continuum Advisory LLC acquired a new stake in Healthpeak Properties during the 3rd quarter valued at approximately $44,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $20.02 on Friday. 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 company has a fifty day moving average of $20.24 and a two-hundred day moving average of $21.17. The stock has a market capitalization of $14.00 billion, a PE ratio of 57.19, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a fifty-two week low of $17.45 and a fifty-two week high of $23.26.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were given a dividend of $0.305 per share. The ex-dividend date was Friday, February 14th. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 6.10%. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

Analyst Ratings Changes

Several analysts have commented on DOC shares. 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 research note on Friday, February 28th. Robert W. Baird decreased their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Wedbush decreased their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Mizuho decreased their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Finally, 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. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average target price of $23.92.

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.