Atria Wealth Solutions Inc. Buys 2,625 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Atria Wealth Solutions Inc. increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 4.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 58,395 shares of the real estate investment trust’s stock after acquiring an additional 2,625 shares during the period. Atria Wealth Solutions Inc.’s holdings in Healthpeak Properties were worth $777,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Wolverine Asset Management LLC bought a new position in shares of Healthpeak Properties in the fourth quarter valued at approximately $799,000. Capital Investment Advisory Services LLC lifted its position in Healthpeak Properties by 2.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 46,684 shares of the real estate investment trust’s stock worth $621,000 after acquiring an additional 1,184 shares during the last quarter. Signaturefd LLC lifted its position in Healthpeak Properties by 260.3% during the 4th quarter. Signaturefd LLC now owns 13,919 shares of the real estate investment trust’s stock worth $185,000 after acquiring an additional 10,056 shares during the last quarter. abrdn plc boosted its holdings in Healthpeak Properties by 1,749.1% during the fourth quarter. abrdn plc now owns 919,351 shares of the real estate investment trust’s stock valued at $12,237,000 after acquiring an additional 869,631 shares during the period. Finally, HTLF Bank acquired a new stake in shares of Healthpeak Properties in the fourth quarter valued at about $436,000. 93.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DOC has been the subject of several recent analyst reports. StockNews.com downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. Wedbush upgraded Healthpeak Properties from a “neutral” rating to an “outperform” rating in a research report on Friday. Bank of America upgraded shares of Healthpeak Properties from an “underperform” rating to a “buy” rating and increased their price objective for the company from $18.00 to $25.00 in a research note on Monday, April 1st. Wells Fargo & Company initiated 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. Finally, KeyCorp reissued a “sector weight” rating on shares of Healthpeak Properties in a research report on Friday, January 5th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $18.36.

Healthpeak Properties Price Performance

NYSE:DOC opened at $18.98 on Friday. The firm has a market cap of $13.36 billion, a PE ratio of 54.23, a price-to-earnings-growth ratio of 1.86 and a beta of 1.01. The company’s 50-day moving average price is $17.42 and its two-hundred day moving average price is $13.99. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 0.92. Healthpeak Properties, Inc. has a 12 month low of $15.24 and a 12 month high of $22.38.

Healthpeak Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, May 6th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 3rd. This is a positive change from Healthpeak Properties’s previous quarterly dividend of $0.23. This represents a $1.20 dividend on an annualized basis and a yield of 6.32%. Healthpeak Properties’s dividend payout ratio is 342.86%.

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.