22,664 Shares in Healthpeak Properties, Inc. (NYSE:DOC) Purchased by SVB Wealth LLC

SVB Wealth LLC purchased a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 22,664 shares of the real estate investment trust’s stock, valued at approximately $459,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AdvisorNet Financial Inc increased its holdings in shares of 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 valued at $44,000 after acquiring an additional 563 shares in the last quarter. Exchange Traded Concepts LLC increased its stake in Healthpeak Properties by 10.0% during 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 raised its holdings in Healthpeak Properties by 2.8% in the fourth quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock worth $672,000 after buying an additional 901 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Healthpeak Properties by 10.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 10,117 shares of the real estate investment trust’s stock worth $205,000 after buying an additional 927 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Healthpeak Properties by 20.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 5,697 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 968 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 0.5 %

Shares of Healthpeak Properties stock opened at $20.30 on Wednesday. Healthpeak Properties, Inc. has a 1-year low of $16.66 and a 1-year high of $23.26. The company’s fifty day simple moving average is $20.19 and its 200-day simple moving average is $21.32. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a market capitalization of $14.20 billion, a PE ratio of 57.99, a P/E/G ratio of 2.17 and a beta of 1.15.

Healthpeak Properties Increases Dividend

The business also recently announced 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 of this dividend was Friday, February 14th. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a yield of 6.01%. Healthpeak Properties’s payout ratio is 348.57%.

Wall Street Analyst Weigh In

Several equities analysts recently 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 objective on the stock in a research report on Wednesday, January 15th. Mizuho lowered their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Wells Fargo & Company dropped their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Scotiabank decreased their target price 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 dropped their price target 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.92.

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.