Pathway Financial Advisers LLC Increases Stake in Healthpeak Properties, Inc. (NYSE:DOC)

Pathway Financial Advisers LLC grew its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 6.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,286 shares of the real estate investment trust’s stock after purchasing an additional 1,157 shares during the period. Pathway Financial Advisers LLC’s holdings in Healthpeak Properties were worth $411,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HM Payson & Co. purchased a new stake in Healthpeak Properties during the third quarter worth $25,000. S.A. Mason LLC acquired a new position in shares of Healthpeak Properties in the third quarter worth about $26,000. Fortitude Family Office LLC purchased a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $32,000. Barrett & Company Inc. acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $33,000. Finally, Riverview Trust Co acquired a new stake in shares of Healthpeak Properties during the 3rd quarter valued at about $35,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 0.7 %

Shares of Healthpeak Properties stock opened at $19.47 on Thursday. 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 0.96, a current ratio of 1.35 and a quick ratio of 1.31. The stock has a market cap 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 stock’s 50 day simple moving average is $20.46 and its 200-day simple moving average is $21.50.

Healthpeak Properties Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DOC. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and increased their price target for the stock from $20.00 to $28.00 in a research report on Monday, October 21st. Robert W. Baird decreased their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday. StockNews.com lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research report on Wednesday, January 15th. Finally, Wells Fargo & Company dropped their target price on shares of 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. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Healthpeak Properties currently has an average rating of “Moderate Buy” and an average price target of $24.08.

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.