2,219 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Bought by Kestra Investment Management LLC

Kestra Investment Management LLC bought a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,219 shares of the real estate investment trust’s stock, valued at approximately $45,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DOC. HM Payson & Co. purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $25,000. S.A. Mason LLC purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $26,000. Fortitude Family Office LLC purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $32,000. Barrett & Company Inc. purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $33,000. Finally, Avior Wealth Management LLC purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $37,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a report on Wednesday, January 15th. Wedbush decreased their price target on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Royal Bank of Canada lifted their price target on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Mizuho decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Wells Fargo & Company reduced their target price on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $19.75 on Friday. The stock has a market capitalization of $13.81 billion, a PE ratio of 56.42, a price-to-earnings-growth ratio of 2.14 and a beta of 1.15. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The stock’s 50-day moving average price is $20.20 and its 200 day moving average price is $21.39. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be given a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 6.18%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s payout ratio is 348.58%.

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.