Envestnet Portfolio Solutions Inc. Purchases 2,140 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Envestnet Portfolio Solutions Inc. increased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 5.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 42,529 shares of the real estate investment trust’s stock after buying an additional 2,140 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Healthpeak Properties were worth $862,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Avior Wealth Management LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth $37,000. Groupama Asset Managment bought a new position in shares of Healthpeak Properties in the 3rd quarter worth $37,000. Wiser Advisor Group LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth $42,000. Continuum Advisory LLC bought a new position in shares of Healthpeak Properties in the 3rd quarter worth $44,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of 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 worth $44,000 after purchasing an additional 563 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Trading Down 1.6 %

Shares of Healthpeak Properties stock opened at $20.02 on Monday. 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 firm has a market cap of $14.00 billion, a PE ratio of 57.19, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a 1 year low of $17.45 and a 1 year high of $23.26. The stock has a fifty day moving average price of $20.24 and a 200-day moving average price of $21.16.

Healthpeak Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were issued a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 6.10%. The ex-dividend date was Friday, February 14th. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s payout ratio is presently 348.57%.

Analysts Set New Price Targets

DOC has been the topic of a number of recent research reports. Mizuho cut their target price on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Robert W. Baird dropped their price objective on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Wells Fargo & Company dropped their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 10th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Wedbush dropped their price objective on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.