Prudent Man Advisors LLC Buys 1,879 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Prudent Man Advisors LLC grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 20.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 11,129 shares of the real estate investment trust’s stock after acquiring an additional 1,879 shares during the period. Prudent Man Advisors LLC’s holdings in Healthpeak Properties were worth $226,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DOC. Private Advisor Group LLC purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $405,000. Assenagon Asset Management S.A. purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $565,000. Louisiana State Employees Retirement System purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $906,000. Integrated Advisors Network LLC purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $299,000. Finally, New York State Teachers Retirement System purchased a new position in shares of Healthpeak Properties in the third quarter valued at about $13,077,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Trading Up 1.3 %

Shares of DOC stock opened at $20.44 on Friday. Healthpeak Properties, Inc. has a 1 year low of $16.49 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 1.35. The stock’s 50 day simple moving average is $20.19 and its two-hundred day simple moving average is $21.35. The company has a market cap of $14.30 billion, a PE ratio of 58.39, a price-to-earnings-growth ratio of 2.17 and a beta of 1.15.

Healthpeak Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were given a dividend of $0.305 per share. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 5.97%. Healthpeak Properties’s dividend payout ratio is 348.57%.

Analyst Ratings Changes

Several brokerages have recently commented on DOC. Robert W. Baird lowered their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Royal Bank of Canada boosted 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. Mizuho 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 Thursday, December 5th. Scotiabank decreased their target price on Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating on the stock in a research report on Friday. Finally, Wedbush decreased their target price on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.92.

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.