Argent Advisors Inc. Buys Shares of 80,199 Healthpeak Properties, Inc. $DOC

Argent Advisors Inc. purchased a new position in shares of Healthpeak Properties, Inc. (NYSE:DOC) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 80,199 shares of the real estate investment trust’s stock, valued at approximately $1,536,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Integrated Wealth Concepts LLC increased its stake in Healthpeak Properties by 7.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 1,231 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Healthpeak Properties by 110.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock worth $2,463,000 after acquiring an additional 63,930 shares in the last quarter. Woodline Partners LP increased its position in shares of Healthpeak Properties by 41.3% during the first quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after acquiring an additional 17,279 shares during the period. Consolidated Portfolio Review Corp raised its stake in shares of Healthpeak Properties by 7.0% in the second quarter. Consolidated Portfolio Review Corp now owns 54,435 shares of the real estate investment trust’s stock valued at $953,000 after acquiring an additional 3,571 shares in the last quarter. Finally, PFG Investments LLC boosted its holdings in Healthpeak Properties by 50.9% in the second quarter. PFG Investments LLC now owns 15,518 shares of the real estate investment trust’s stock valued at $272,000 after purchasing an additional 5,235 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 0.2%

DOC stock opened at $17.12 on Friday. The stock has a market cap of $11.90 billion, a P/E ratio of -342.27, a PEG ratio of 4.32 and a beta of 1.12. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.11. Healthpeak Properties, Inc. has a twelve month low of $15.71 and a twelve month high of $21.28. The company’s 50 day moving average is $17.01 and its two-hundred day moving average is $17.67.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.1017 dividend. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is currently -2,440.00%.

Analyst Ratings Changes

DOC has been the topic of several recent research reports. Cantor Fitzgerald set a $17.00 price target on Healthpeak Properties in a report on Monday, January 5th. Evercore ISI lowered their price objective on Healthpeak Properties from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Robert W. Baird cut their target price on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Weiss Ratings upgraded shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Wells Fargo & Company boosted their price target on shares of Healthpeak Properties from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $19.67.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.