Sheaff Brock Investment Advisors LLC Sells 3,736 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Sheaff Brock Investment Advisors LLC trimmed its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,484 shares of the real estate investment trust’s stock after selling 3,736 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Healthpeak Properties were worth $1,206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of DOC. HM Payson & Co. purchased a new position in shares of Healthpeak Properties in the third quarter worth about $25,000. S.A. Mason LLC bought a new position in Healthpeak Properties in the 3rd quarter worth approximately $26,000. Fortitude Family Office LLC purchased a new position in Healthpeak Properties in the 3rd quarter valued at approximately $32,000. Barrett & Company Inc. purchased a new stake in shares of Healthpeak Properties during the third quarter worth $33,000. Finally, Avior Wealth Management LLC bought a new position in shares of Healthpeak Properties in the third quarter worth $37,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DOC has been the topic of a number of analyst reports. Wedbush decreased their price objective on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday. StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised shares of Healthpeak Properties from a “hold” rating to a “buy” rating and boosted their price objective for the company from $20.00 to $28.00 in a research note on Monday, October 21st. Mizuho lowered their target price on shares of Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Finally, Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target for the company in a research report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $19.57 on Monday. Healthpeak Properties, Inc. has a 1-year low of $16.01 and a 1-year high of $23.26. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.35 and a quick ratio of 1.31. The business has a 50 day moving average of $20.36 and a 200 day moving average of $21.45. The company has a market capitalization of $13.69 billion, a price-to-earnings ratio of 55.92, a PEG ratio of 2.18 and a beta of 1.15.

Healthpeak Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th will be paid a $0.305 dividend. This is a boost from Healthpeak Properties’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.23%. Healthpeak Properties’s dividend payout ratio is 342.87%.

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.