Oxbow Advisors LLC Purchases 4,060 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Oxbow Advisors LLC raised its position in Healthpeak Properties, Inc. (NYSE:DOC) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 379,016 shares of the real estate investment trust’s stock after acquiring an additional 4,060 shares during the quarter. Healthpeak Properties makes up 0.9% of Oxbow Advisors LLC’s portfolio, making the stock its 27th biggest holding. Oxbow Advisors LLC owned 0.05% of Healthpeak Properties worth $7,683,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. HM Payson & Co. purchased a new stake in Healthpeak Properties in the third quarter worth about $25,000. S.A. Mason LLC purchased a new stake in Healthpeak Properties in the third quarter worth about $26,000. Fortitude Family Office LLC purchased a new stake in Healthpeak Properties in the third quarter worth about $32,000. Barrett & Company Inc. purchased a new stake in Healthpeak Properties in the third quarter worth about $33,000. Finally, Avior Wealth Management LLC purchased a new stake in Healthpeak Properties in the third quarter worth about $37,000. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Morgan Stanley upgraded Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research report on Wednesday, January 15th. Wells Fargo & Company reduced their price target on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 10th. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Royal Bank of Canada increased their target price on Healthpeak Properties from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, Robert W. Baird cut their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $24.00.

Healthpeak Properties Price Performance

Shares of Healthpeak Properties stock opened at $19.75 on Friday. The stock has a 50 day moving average of $20.20 and a 200 day moving average of $21.39. Healthpeak Properties, Inc. has a 12 month low of $16.01 and a 12 month high of $23.26. The firm has a market cap of $13.81 billion, a PE ratio of 56.42, a PEG ratio of 2.14 and a beta of 1.15. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96.

Healthpeak Properties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be paid a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 6.18%. Healthpeak Properties’s dividend payout ratio is presently 348.58%.

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.