Pathway Financial Advisers LLC Boosts Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Pathway Financial Advisers LLC increased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,286 shares of the real estate investment trust’s stock after buying an additional 1,157 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Healthpeak Properties were worth $411,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in DOC. AdvisorNet Financial Inc lifted its stake in shares of Healthpeak Properties by 34.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 563 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of 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 worth $133,000 after purchasing an additional 598 shares during the last quarter. Mirador Capital Partners LP raised its holdings in Healthpeak Properties by 2.8% in the 4th quarter. Mirador Capital Partners LP now owns 33,132 shares of the real estate investment trust’s stock valued at $672,000 after buying an additional 901 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in Healthpeak Properties by 20.5% in 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. Finally, HM Payson & Co. purchased a new position in Healthpeak Properties during the third quarter worth about $25,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Down 0.7 %

Shares of Healthpeak Properties stock opened at $19.47 on Thursday. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 52-week low of $16.01 and a 52-week high of $23.26. The company has a market capitalization of $13.62 billion, a P/E ratio of 55.63, a P/E/G ratio of 2.18 and a beta of 1.15. The company has a 50 day moving average of $20.46 and a 200 day moving average of $21.50.

Healthpeak Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be given a dividend of $0.305 per share. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a dividend yield of 6.27%. The ex-dividend date is Friday, February 14th. Healthpeak Properties’s payout ratio is 342.87%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DOC shares. Robert W. Baird reduced their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and upped their price target for the stock from $20.00 to $28.00 in a research note on Monday, October 21st. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. Wells Fargo & Company cut their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. Finally, Royal Bank of Canada raised their target price on Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $24.08.

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.