By otakuyassine3@gmail.com 
Armor Investment Advisors LLC increased its position in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,619 shares of the real estate investment trust’s stock after buying an additional 1,597 shares during the quarter. Armor Investment Advisors LLC’s holdings in Healthpeak Properties were worth $945,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in the company. AdvisorNet Financial Inc raised its position in shares of Healthpeak Properties by 34.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 563 shares during the period. Exchange Traded Concepts LLC increased its holdings in Healthpeak Properties by 10.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 598 shares in the last quarter. Mirador Capital Partners LP increased its holdings in Healthpeak Properties by 2.8% in the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock valued at $672,000 after purchasing an additional 901 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Healthpeak Properties by 20.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 5,697 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 968 shares in the last quarter. Finally, HM Payson & Co. acquired a new stake in Healthpeak Properties in the 3rd quarter valued at $25,000. 93.57% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and increased their price target for the company from $20.00 to $28.00 in a report on Monday, October 21st. Wells Fargo & Company lowered their price target 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. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Mizuho lowered their target price on 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, Robert W. Baird raised their target price on Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Healthpeak Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.15.
Check Out Our Latest Stock Analysis on Healthpeak Properties
Healthpeak Properties Stock Down 1.4 %
NYSE:DOC opened at $19.58 on Tuesday. The company has a market capitalization of $13.70 billion, a price-to-earnings ratio of 55.94, a price-to-earnings-growth ratio of 2.18 and a beta of 1.15. Healthpeak Properties, Inc. has a one year low of $16.01 and a one year high of $23.26. The stock has a 50-day simple moving average of $20.54 and a 200 day simple moving average of $21.52. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.31 and a current ratio of 1.35.
Healthpeak Properties Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be paid a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 6.23%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, February 14th. Healthpeak Properties’s dividend payout ratio (DPR) is 342.87%.
About Healthpeak Properties
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.
Further Reading
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