Steward Partners Investment Advisory LLC Has $110,000 Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Steward Partners Investment Advisory LLC increased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 22.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 5,450 shares of the real estate investment trust’s stock after buying an additional 998 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Healthpeak Properties were worth $110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of DOC. State Street Corp bought a new position in Healthpeak Properties in the 3rd quarter worth $1,093,576,000. Geode Capital Management LLC bought a new position in Healthpeak Properties in the 3rd quarter worth $403,898,000. Principal Financial Group Inc. raised its holdings in Healthpeak Properties by 2,113.5% in the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock worth $367,575,000 after acquiring an additional 17,314,572 shares during the period. Charles Schwab Investment Management Inc. bought a new position in Healthpeak Properties in the 3rd quarter worth $230,988,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Healthpeak Properties in the 3rd quarter worth $175,697,000. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

DOC has been the topic of several recent analyst reports. Wedbush dropped their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective on the stock in a report on Wednesday, January 15th. Scotiabank dropped their price objective on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Robert W. Baird dropped their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Finally, StockNews.com upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Stock Performance

NYSE DOC opened at $20.45 on Monday. The stock has a market cap of $14.30 billion, a P/E ratio of 58.42, a PEG ratio of 2.17 and a beta of 1.14. The company’s 50-day simple moving average is $20.21 and its 200 day simple moving average is $21.23. Healthpeak Properties, Inc. has a twelve month low of $17.05 and a twelve month high of $23.26. 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 company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were given a $0.305 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 5.97%. Healthpeak Properties’s payout ratio is 348.57%.

Healthpeak Properties 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.