Corient Private Wealth LLC Has $2.05 Million Stock Position in Healthpeak Properties, Inc. (NYSE:DOC)

Corient Private Wealth LLC cut its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,957 shares of the real estate investment trust’s stock after selling 2,888 shares during the period. Corient Private Wealth LLC’s holdings in Healthpeak Properties were worth $2,046,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DOC. Envestnet Portfolio Solutions Inc. increased its holdings in Healthpeak Properties by 5.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 42,529 shares of the real estate investment trust’s stock worth $862,000 after purchasing an additional 2,140 shares in the last quarter. Frank Rimerman Advisors LLC grew its holdings in Healthpeak Properties by 7.1% during the fourth quarter. Frank Rimerman Advisors LLC now owns 29,445 shares of the real estate investment trust’s stock worth $597,000 after buying an additional 1,950 shares in the last quarter. Catalyst Funds Management Pty Ltd raised its position in Healthpeak Properties by 0.8% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 199,112 shares of the real estate investment trust’s stock valued at $4,036,000 after buying an additional 1,600 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Healthpeak Properties by 2.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 476,602 shares of the real estate investment trust’s stock valued at $9,661,000 after acquiring an additional 12,727 shares in the last quarter. Finally, Achmea Investment Management B.V. boosted its holdings in Healthpeak Properties by 34.7% during the 4th quarter. Achmea Investment Management B.V. now owns 431,323 shares of the real estate investment trust’s stock worth $8,743,000 after acquiring an additional 111,034 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 2.1 %

Shares of Healthpeak Properties stock opened at $20.45 on Tuesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market capitalization of $14.30 billion, a P/E ratio of 58.42, a P/E/G ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a 52-week low of $17.45 and a 52-week high of $23.26. The stock’s 50-day simple moving average is $20.25 and its 200 day simple moving average is $21.15.

Healthpeak Properties Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Mizuho lowered their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Wedbush dropped their target price on shares of Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Robert W. Baird decreased their price target 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. Finally, Wells Fargo & Company cut their price objective on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Healthpeak Properties currently has an average 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.