Consolidated Portfolio Review Corp Decreases Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Consolidated Portfolio Review Corp cut its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,451 shares of the real estate investment trust’s stock after selling 1,812 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Healthpeak Properties were worth $1,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. AMF Tjanstepension AB purchased a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $15,548,000. Park Avenue Securities LLC purchased a new stake in Healthpeak Properties during the 3rd quarter valued at $506,000. Czech National Bank bought a new stake in Healthpeak Properties in the 3rd quarter worth $3,279,000. Diversified Trust Co purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $230,000. Finally, Mather Group LLC. purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $60,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Trading Down 1.3 %

Shares of NYSE DOC opened at $19.85 on Friday. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a 50-day moving average of $20.59 and a 200 day moving average of $21.52. The stock has a market cap of $13.88 billion, a P/E ratio of 42.23, a price-to-earnings-growth ratio of 2.22 and a beta of 1.15.

Healthpeak Properties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 6.15%. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, February 14th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 255.32%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DOC shares. Deutsche Bank Aktiengesellschaft upgraded shares of Healthpeak Properties from a “hold” rating to a “buy” rating and increased their target price for the stock from $20.00 to $28.00 in a report on Monday, October 21st. Morgan Stanley upgraded 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. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Royal Bank of Canada lifted their price target on shares of Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Finally, Mizuho decreased their price objective on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $24.15.

Healthpeak Properties 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.