Daiwa Securities Group Inc. Raises Position in Healthpeak Properties, Inc. (NYSE:DOC)

Daiwa Securities Group Inc. lifted its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 1.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 331,106 shares of the real estate investment trust’s stock after buying an additional 3,185 shares during the period. Daiwa Securities Group Inc.’s holdings in Healthpeak Properties were worth $6,712,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Avior Wealth Management LLC bought a new stake in Healthpeak Properties in the third quarter worth $37,000. Groupama Asset Managment bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $37,000. Wiser Advisor Group LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $42,000. Continuum Advisory LLC purchased a new position in shares of Healthpeak Properties during the 3rd quarter worth about $44,000. Finally, AdvisorNet Financial Inc grew its holdings in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 563 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 1.8 %

Shares of Healthpeak Properties stock opened at $20.31 on Wednesday. Healthpeak Properties, Inc. has a 1 year low of $16.66 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 has a market cap of $14.20 billion, a price-to-earnings ratio of 58.02, a PEG ratio of 2.17 and a beta of 1.14. The firm’s 50-day moving average is $20.21 and its two-hundred day moving average is $21.27.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Friday, February 14th were issued a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a yield of 6.01%. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 14th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Morgan Stanley raised 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 note on Wednesday, January 15th. Robert W. Baird dropped their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Wedbush cut their price objective 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. Wells Fargo & Company decreased their target price 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. Finally, Scotiabank lowered their target price on shares of Healthpeak Properties from $24.00 to $23.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. 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 given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties Company 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.