Sequoia Financial Advisors LLC Purchases 5,325 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Sequoia Financial Advisors LLC boosted its position in Healthpeak Properties, Inc. (NYSE:DOC) by 7.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,139 shares of the real estate investment trust’s stock after buying an additional 5,325 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Healthpeak Properties were worth $1,624,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Avior Wealth Management LLC bought a new stake in Healthpeak Properties during the third quarter worth about $37,000. Groupama Asset Managment bought a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $37,000. Wiser Advisor Group LLC acquired a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $42,000. Continuum Advisory LLC bought a new position in shares of Healthpeak Properties in the third quarter valued at $44,000. Finally, AdvisorNet Financial Inc increased its holdings in Healthpeak Properties by 34.5% during the fourth 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 last quarter. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

DOC has been the subject of a number of recent analyst reports. Robert W. Baird cut their price target 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. Wells Fargo & Company cut 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. Mizuho lowered their price target 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. Scotiabank cut their price objective on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research report on Friday, February 28th. Finally, Wedbush decreased their target price on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Stock Performance

NYSE DOC opened at $20.45 on Friday. Healthpeak Properties, Inc. has a 12-month low of $17.05 and a 12-month high of $23.26. The firm has a 50-day moving average price of $20.21 and a two-hundred day moving average price of $21.23. The company has a market capitalization of $14.30 billion, a P/E ratio of 58.42, a P/E/G ratio of 2.17 and a beta of 1.14. 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 was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were given a dividend of $0.305 per share. The ex-dividend date was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a yield of 5.97%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

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.