Asset Management One Co. Ltd. Purchases 132,893 Shares of Healthpeak Properties, Inc. $DOC

Asset Management One Co. Ltd. grew its position in Healthpeak Properties, Inc. (NYSE:DOC) by 10.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,459,928 shares of the real estate investment trust’s stock after purchasing an additional 132,893 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Healthpeak Properties were worth $25,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of DOC. Sequoia Financial Advisors LLC boosted its position in shares of Healthpeak Properties by 11.3% in the first quarter. Sequoia Financial Advisors LLC now owns 89,158 shares of the real estate investment trust’s stock worth $1,803,000 after purchasing an additional 9,019 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of Healthpeak Properties by 9.0% in the first quarter. Robeco Institutional Asset Management B.V. now owns 698,940 shares of the real estate investment trust’s stock worth $14,133,000 after purchasing an additional 57,985 shares during the period. Illinois Municipal Retirement Fund boosted its position in shares of Healthpeak Properties by 131.7% in the first quarter. Illinois Municipal Retirement Fund now owns 514,791 shares of the real estate investment trust’s stock worth $10,409,000 after purchasing an additional 292,630 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Healthpeak Properties by 13.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 125,507 shares of the real estate investment trust’s stock worth $2,534,000 after purchasing an additional 15,009 shares during the period. Finally, Naviter Wealth LLC boosted its position in shares of Healthpeak Properties by 4.0% during the first quarter. Naviter Wealth LLC now owns 39,601 shares of the real estate investment trust’s stock worth $800,000 after acquiring an additional 1,540 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Healthpeak Properties

In other news, CEO Scott M. Brinker bought 1,490 shares of Healthpeak Properties stock in a transaction dated Monday, August 4th. The shares were acquired at an average price of $16.83 per share, with a total value of $25,076.70. Following the completion of the purchase, the chief executive officer owned 211,906 shares in the company, valued at $3,566,377.98. The trade was a 0.71% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have acquired a total of 8,783 shares of company stock valued at $150,129 over the last quarter. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DOC. Morgan Stanley dropped their target price on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Wall Street Zen lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Monday, July 7th. Robert W. Baird set a $21.00 target price on shares of Healthpeak Properties and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Cantor Fitzgerald began coverage on shares of Healthpeak Properties in a research report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 target price for the company. Finally, Scotiabank lowered shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $21.00 to $19.00 in a research report on Tuesday, July 29th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

Healthpeak Properties Price Performance

DOC stock opened at $18.75 on Friday. Healthpeak Properties, Inc. has a 52 week low of $16.63 and a 52 week high of $23.12. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.06. The company has a fifty day simple moving average of $18.32 and a two-hundred day simple moving average of $17.91. The firm has a market capitalization of $13.03 billion, a P/E ratio of -374.95, a price-to-earnings-growth ratio of 3.20 and a beta of 1.09.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.43%. The business had revenue of $705.87 million during the quarter, compared to analyst estimates of $681.65 million. During the same quarter last year, the business earned $0.45 earnings per share. Healthpeak Properties’s quarterly revenue was up .8% compared to the same quarter last year. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Analysts anticipate that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be given a dividend of $0.1017 per share. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a yield of 6.5%. Healthpeak Properties’s dividend payout ratio (DPR) is 508.33%.

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.