Stratos Wealth Partners LTD. Purchases New Position in Healthpeak Properties, Inc. (NYSE:DOC)

Stratos Wealth Partners LTD. acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,087 shares of the real estate investment trust’s stock, valued at approximately $134,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in Healthpeak Properties by 1,231.0% in the 4th quarter. International Assets Investment Management LLC now owns 12,125 shares of the real estate investment trust’s stock worth $161,000 after purchasing an additional 11,214 shares during the period. Asset Management One Co. Ltd. raised its position in Healthpeak Properties by 11.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 646,048 shares of the real estate investment trust’s stock worth $8,767,000 after purchasing an additional 63,915 shares during the period. Lee Financial Group Hawaii Inc. raised its position in Healthpeak Properties by 16.0% in the 4th quarter. Lee Financial Group Hawaii Inc. now owns 40,981 shares of the real estate investment trust’s stock worth $545,000 after purchasing an additional 5,664 shares during the period. Tectonic Advisors LLC raised its position in Healthpeak Properties by 16.4% in the 4th quarter. Tectonic Advisors LLC now owns 292,417 shares of the real estate investment trust’s stock worth $3,892,000 after purchasing an additional 41,117 shares during the period. Finally, Pacer Advisors Inc. raised its position in Healthpeak Properties by 180.7% in the 4th quarter. Pacer Advisors Inc. now owns 56,017 shares of the real estate investment trust’s stock worth $746,000 after purchasing an additional 36,061 shares during the period. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on DOC. Royal Bank of Canada increased their price objective on shares of Healthpeak Properties from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 10th. Wells Fargo & Company assumed coverage on shares of Healthpeak Properties in a research report on Monday, March 25th. They set an “equal weight” rating and a $19.00 target price on the stock. Bank of America raised shares of Healthpeak Properties from an “underperform” rating to a “buy” rating and raised their target price for the stock from $18.00 to $25.00 in a research report on Monday, April 1st. Compass Point reduced their target price on shares of Healthpeak Properties from $19.00 to $18.00 and set a “buy” rating on the stock in a research report on Tuesday, January 2nd. Finally, Truist Financial reduced their target price on shares of Healthpeak Properties from $15.00 to $14.00 and set a “hold” rating on the stock in a research report on Friday, December 22nd. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Healthpeak Properties has a consensus rating of “Hold” and a consensus price target of $17.67.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $17.82 on Wednesday. The firm has a market cap of $12.64 billion, a price-to-earnings ratio of 31.81, a PEG ratio of 1.82 and a beta of 1.02. The company’s 50 day moving average is $15.48 and its 200 day moving average is $13.35. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.00. Healthpeak Properties, Inc. has a 52-week low of $15.24 and a 52-week high of $22.38.

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.