Securian Asset Management Inc. Sells 1,332 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Securian Asset Management Inc. reduced its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,592 shares of the real estate investment trust’s stock after selling 1,332 shares during the period. Securian Asset Management Inc.’s holdings in Healthpeak Properties were worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of DOC. Avior Wealth Management LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter valued at approximately $37,000. Groupama Asset Managment bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $37,000. Wiser Advisor Group LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $42,000. Continuum Advisory LLC bought a new stake in Healthpeak Properties during the 3rd quarter worth approximately $44,000. Finally, AdvisorNet Financial Inc grew its position in Healthpeak Properties by 34.5% during the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 563 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Stock Performance

DOC stock opened at $20.45 on Friday. The business’s fifty day moving average is $20.21 and its 200-day moving average is $21.23. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.96. The company has a market cap of $14.30 billion, a P/E ratio of 58.42, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. Healthpeak Properties, Inc. has a twelve month low of $17.05 and a twelve month high of $23.26.

Healthpeak Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Friday, February 14th were paid a $0.305 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.97%. This is an increase from Healthpeak Properties’s previous quarterly dividend of $0.30. Healthpeak Properties’s dividend payout ratio is 348.57%.

Wall Street Analysts Forecast Growth

DOC has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price target on Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 10th. StockNews.com upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Thursday. 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 report on Thursday, December 5th. Wedbush decreased their price target on Healthpeak Properties from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. Finally, Robert W. Baird decreased their price target on Healthpeak Properties from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Healthpeak Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.92.

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.