Moors & Cabot Inc. Increases Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Moors & Cabot Inc. boosted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 8.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 27,093 shares of the real estate investment trust’s stock after buying an additional 2,101 shares during the quarter. Moors & Cabot Inc.’s holdings in Healthpeak Properties were worth $549,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DOC. Wealthfront Advisers LLC raised its stake in shares of Healthpeak Properties by 169.7% in the fourth quarter. Wealthfront Advisers LLC now owns 691,502 shares of the real estate investment trust’s stock valued at $14,563,000 after acquiring an additional 435,066 shares during the period. Daiwa Securities Group Inc. raised its position in Healthpeak Properties by 1.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 331,106 shares of the real estate investment trust’s stock worth $6,712,000 after purchasing an additional 3,185 shares during the period. Blake Schutter Theil Wealth Advisors LLC lifted its stake in Healthpeak Properties by 31.1% in the fourth quarter. Blake Schutter Theil Wealth Advisors LLC now owns 15,589 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 3,696 shares during the last quarter. Naviter Wealth LLC purchased a new position in shares of Healthpeak Properties during the fourth quarter valued at approximately $771,000. Finally, Candriam S.C.A. grew its stake in shares of Healthpeak Properties by 13.2% during the fourth quarter. Candriam S.C.A. now owns 110,949 shares of the real estate investment trust’s stock valued at $2,249,000 after buying an additional 12,966 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DOC has been the subject of a number of research analyst reports. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research note on Wednesday, January 15th. StockNews.com raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Thursday. Wells Fargo & Company cut their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. 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, February 14th. Finally, Mizuho dropped their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Healthpeak Properties presently has an average rating of “Moderate Buy” and a consensus target price of $23.92.

Healthpeak Properties Stock Up 2.1 %

Healthpeak Properties stock opened at $20.45 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The firm has a market cap 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 business has a fifty day moving average of $20.21 and a two-hundred day moving average of $21.24. Healthpeak Properties, Inc. has a twelve month low of $16.66 and a twelve month high of $23.26.

Healthpeak Properties Increases Dividend

The business also recently disclosed 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 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 (DPR) is presently 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.