Universal Beteiligungs und Servicegesellschaft mbH Has $30.92 Million Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 2.8% during the first quarter, Holdings Channel reports. The fund owned 1,529,120 shares of the real estate investment trust’s stock after acquiring an additional 41,563 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Healthpeak Properties were worth $30,919,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its position in Healthpeak Properties by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust’s stock valued at $371,168,000 after purchasing an additional 638,012 shares during the period. Fuller & Thaler Asset Management Inc. raised its stake in shares of Healthpeak Properties by 10.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 17,267,917 shares of the real estate investment trust’s stock worth $350,021,000 after buying an additional 1,651,235 shares during the last quarter. Centersquare Investment Management LLC lifted its holdings in Healthpeak Properties by 3.7% in the fourth quarter. Centersquare Investment Management LLC now owns 11,215,516 shares of the real estate investment trust’s stock valued at $227,339,000 after buying an additional 398,770 shares during the period. Northern Trust Corp boosted its stake in Healthpeak Properties by 32.6% in the fourth quarter. Northern Trust Corp now owns 10,526,223 shares of the real estate investment trust’s stock valued at $213,367,000 after acquiring an additional 2,590,530 shares during the last quarter. Finally, Norges Bank acquired a new stake in Healthpeak Properties during the 4th quarter worth $166,804,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

DOC has been the topic of a number of recent analyst reports. Wedbush reduced their price target on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. Wells Fargo & Company lowered their price target on Healthpeak Properties from $22.00 to $20.00 and set an “equal weight” rating for the company in a report on Monday, June 2nd. Evercore ISI cut their price objective on Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating on the stock in a report on Monday, April 28th. Scotiabank decreased their price objective on Healthpeak Properties from $23.00 to $21.00 and set a “sector outperform” rating for the company in a research report on Monday, May 12th. Finally, Argus restated a “buy” rating and set a $25.00 target price on shares of Healthpeak Properties in a report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $23.27.

Healthpeak Properties Stock Performance

NYSE DOC opened at $19.05 on Thursday. The stock has a market cap of $13.23 billion, a PE ratio of 47.61, a P/E/G ratio of 2.16 and a beta of 1.03. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a 50-day moving average of $17.66 and a 200-day moving average of $18.87. Healthpeak Properties, Inc. has a 52-week low of $16.64 and a 52-week high of $23.26.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $702.89 million during the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a net margin of 9.99% and a return on equity of 3.06%. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 earnings per share. On average, sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be paid a $0.1017 dividend. The ex-dividend date is Friday, September 19th. This represents a $1.22 annualized dividend and a dividend yield of 6.41%. Healthpeak Properties’s payout ratio is 305.00%.

Insider Transactions at Healthpeak Properties

In other Healthpeak Properties news, CEO Scott M. Brinker purchased 11,337 shares of the firm’s stock in a transaction on Monday, April 28th. The stock was purchased at an average cost of $17.68 per share, for a total transaction of $200,438.16. Following the transaction, the chief executive officer owned 201,863 shares in the company, valued at $3,568,937.84. The trade was a 5.95% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Tommy G. Thompson acquired 5,777 shares of the firm’s stock in a transaction that occurred on Wednesday, May 28th. The stock was bought at an average price of $17.27 per share, with a total value of $99,768.79. Following the completion of the acquisition, the director directly owned 144,290 shares of the company’s stock, valued at $2,491,888.30. This trade represents a 4.17% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 29,764 shares of company stock valued at $521,909. Corporate insiders own 0.23% of the company’s stock.

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.