Blake Schutter Theil Wealth Advisors LLC Has $316,000 Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Blake Schutter Theil Wealth Advisors LLC increased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 31.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,589 shares of the real estate investment trust’s stock after buying an additional 3,696 shares during the quarter. Blake Schutter Theil Wealth Advisors LLC’s holdings in Healthpeak Properties were worth $316,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Avior Wealth Management LLC acquired a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $37,000. Groupama Asset Managment acquired a new stake in Healthpeak Properties in the third quarter valued at approximately $37,000. Capital Performance Advisors LLP bought a new stake in shares of Healthpeak Properties during the third quarter worth $42,000. Wiser Advisor Group LLC bought a new stake in shares of Healthpeak Properties during the third quarter worth $42,000. Finally, Continuum Advisory LLC acquired a new position in shares of Healthpeak Properties during the third quarter worth $44,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Healthpeak Properties Stock Up 1.9 %

Shares of Healthpeak Properties stock opened at $20.52 on Friday. The firm has a market cap of $14.35 billion, a price-to-earnings ratio of 58.62, a PEG ratio of 2.17 and a beta of 1.14. The stock’s 50-day moving average is $20.20 and its 200 day moving average is $21.30. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.35. Healthpeak Properties, Inc. has a one year low of $16.66 and a one year high of $23.26.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were given a dividend of $0.305 per share. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.22 annualized dividend and a dividend yield of 5.95%. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.

Analyst Upgrades and Downgrades

DOC has been the topic of several recent research reports. 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. Wedbush reduced their price target on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Robert W. Baird dropped 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 Tuesday, February 11th. Scotiabank reduced their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a report on Friday, February 28th. Finally, Mizuho dropped their price target on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued 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 target price of $23.92.

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.