Consolidated Portfolio Review Corp Sells 1,812 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Consolidated Portfolio Review Corp reduced its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 50,451 shares of the real estate investment trust’s stock after selling 1,812 shares during the period. Consolidated Portfolio Review Corp’s holdings in Healthpeak Properties were worth $1,023,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DOC. AdvisorNet Financial Inc grew its stake in 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 buying an additional 563 shares in the last quarter. Exchange Traded Concepts LLC grew its position in shares of Healthpeak Properties by 10.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,560 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 598 shares in the last quarter. Mirador Capital Partners LP raised its stake in shares of Healthpeak Properties by 2.8% during 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 purchasing an additional 901 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in Healthpeak Properties by 20.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 5,697 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 968 shares in the last quarter. Finally, HM Payson & Co. purchased a new stake in Healthpeak Properties during the 3rd quarter worth about $25,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Healthpeak Properties from a “hold” rating to a “buy” rating and upped their price target for the company from $20.00 to $28.00 in a research report on Monday, October 21st. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a research note on Wednesday, January 15th. Robert W. Baird boosted their price target on shares of Healthpeak Properties from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company decreased their price target on shares of 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, StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $24.15.

Healthpeak Properties Stock Performance

Shares of NYSE DOC opened at $19.85 on Friday. The stock has a market cap of $13.88 billion, a price-to-earnings ratio of 42.23, a P/E/G ratio of 2.22 and a beta of 1.15. The stock’s 50-day moving average is $20.59 and its 200 day moving average is $21.52. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.93. Healthpeak Properties, Inc. has a 1-year low of $16.01 and a 1-year high of $23.26.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be issued a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.15%. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, February 14th. Healthpeak Properties’s payout ratio is presently 255.32%.

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.