SRS Capital Advisors Inc. Raises Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

SRS Capital Advisors Inc. boosted its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 50.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,237 shares of the real estate investment trust’s stock after buying an additional 2,087 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Healthpeak Properties were worth $126,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Private Advisor Group LLC purchased a new stake in shares of Healthpeak Properties in the third quarter valued at $405,000. US Bancorp DE acquired a new position in Healthpeak Properties in the 3rd quarter valued at about $1,312,000. Stephens Inc. AR purchased a new position in Healthpeak Properties in the 3rd quarter valued at about $323,000. Farther Finance Advisors LLC acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $348,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $14,668,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 1.0 %

Shares of DOC stock opened at $20.45 on Thursday. Healthpeak Properties, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $23.26. The firm’s 50 day moving average price is $20.19 and its two-hundred day moving average price is $21.32. The stock has a market cap of $14.30 billion, a price-to-earnings ratio of 58.42, a price-to-earnings-growth ratio of 2.17 and a beta of 1.15. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

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 given a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 5.97%. This is a boost 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 is 348.57%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Wells Fargo & Company reduced their price objective on shares of 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. Morgan Stanley raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research note on Wednesday, January 15th. Wedbush lowered their price objective on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. Scotiabank dropped their target price on 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. Finally, Mizuho decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $23.92.

Healthpeak Properties 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.