AssuredPartners Investment Advisors LLC Invests $434,000 in Healthpeak Properties, Inc. (NYSE:DOC)

AssuredPartners Investment Advisors LLC bought a new stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 21,422 shares of the real estate investment trust’s stock, valued at approximately $434,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DOC. NEOS Investment Management LLC grew its stake in shares of Healthpeak Properties by 31.0% in the 4th quarter. NEOS Investment Management LLC now owns 31,572 shares of the real estate investment trust’s stock valued at $640,000 after purchasing an additional 7,464 shares during the period. UniSuper Management Pty Ltd grew its position in Healthpeak Properties by 7.2% in the fourth quarter. UniSuper Management Pty Ltd now owns 298,254 shares of the real estate investment trust’s stock valued at $6,046,000 after acquiring an additional 20,137 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Healthpeak Properties by 7.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,586,022 shares of the real estate investment trust’s stock worth $32,387,000 after acquiring an additional 105,720 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in Healthpeak Properties by 4.4% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,649 shares of the real estate investment trust’s stock worth $337,000 after acquiring an additional 700 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Healthpeak Properties by 16.9% during the fourth quarter. LPL Financial LLC now owns 3,628,407 shares of the real estate investment trust’s stock valued at $73,548,000 after acquiring an additional 525,844 shares during the period. Institutional investors own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DOC. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research report on Wednesday, January 15th. Wells Fargo & Company dropped their price objective on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, December 10th. Scotiabank reduced their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Wedbush dropped their price target on 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 reduced their price objective on 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 analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.92.

Healthpeak Properties Stock Down 0.4 %

Shares of NYSE DOC opened at $20.24 on Friday. Healthpeak Properties, Inc. has a 1 year low of $17.80 and a 1 year high of $23.26. The firm’s 50-day moving average is $20.24 and its 200-day moving average is $21.12. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $14.16 billion, a PE ratio of 57.82, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were paid a $0.305 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 6.03%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.

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.