Sheaff Brock Investment Advisors LLC Reduces Position in Healthpeak Properties, Inc. (NYSE:DOC)

Sheaff Brock Investment Advisors LLC trimmed its position in Healthpeak Properties, Inc. (NYSE:DOC) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,484 shares of the real estate investment trust’s stock after selling 3,736 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Healthpeak Properties were worth $1,206,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP raised its position in Healthpeak Properties by 40.8% during the 4th quarter. Allworth Financial LP now owns 4,603 shares of the real estate investment trust’s stock valued at $95,000 after purchasing an additional 1,333 shares during the last quarter. Principal Securities Inc. increased its stake in shares of Healthpeak Properties by 49.5% during the fourth quarter. Principal Securities Inc. now owns 3,592 shares of the real estate investment trust’s stock valued at $73,000 after buying an additional 1,189 shares during the period. New York State Teachers Retirement System raised its holdings in shares of Healthpeak Properties by 8.4% during the fourth quarter. New York State Teachers Retirement System now owns 619,951 shares of the real estate investment trust’s stock valued at $12,566,000 after acquiring an additional 48,141 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in Healthpeak Properties by 1.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,327,409 shares of the real estate investment trust’s stock worth $26,654,000 after acquiring an additional 18,528 shares during the period. Finally, Pathway Financial Advisers LLC boosted its holdings in Healthpeak Properties by 6.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 20,286 shares of the real estate investment trust’s stock valued at $411,000 after acquiring an additional 1,157 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wedbush decreased their price objective on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a report on Friday. Mizuho cut their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Royal Bank of Canada increased their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research report on Wednesday, January 15th. Finally, Wells Fargo & Company decreased their price objective 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 given a strong buy rating to the stock. According to MarketBeat, Healthpeak Properties currently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

Healthpeak Properties Trading Down 1.9 %

NYSE:DOC opened at $19.57 on Monday. Healthpeak Properties, Inc. has a 52 week low of $16.01 and a 52 week high of $23.26. The stock has a market cap of $13.69 billion, a price-to-earnings ratio of 55.92, a PEG ratio of 2.18 and a beta of 1.15. The company’s 50 day moving average price is $20.36 and its 200-day moving average price is $21.45. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th will be issued a $0.305 dividend. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.23%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 342.87%.

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.