IQ EQ FUND MANAGEMENT IRELAND Ltd Raises Position in Healthpeak Properties, Inc. $DOC

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 10.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,180 shares of the real estate investment trust’s stock after buying an additional 7,751 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Healthpeak Properties were worth $1,456,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Invesco Ltd. raised its position in shares of Healthpeak Properties by 20.7% in the first quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock worth $467,311,000 after buying an additional 3,967,830 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in Healthpeak Properties by 6.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 18,397,841 shares of the real estate investment trust’s stock valued at $372,004,000 after acquiring an additional 1,129,924 shares during the last quarter. Centersquare Investment Management LLC raised its position in Healthpeak Properties by 18.5% during the first quarter. Centersquare Investment Management LLC now owns 13,285,932 shares of the real estate investment trust’s stock valued at $268,642,000 after purchasing an additional 2,070,416 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Healthpeak Properties by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 10,392,052 shares of the real estate investment trust’s stock worth $210,126,000 after purchasing an additional 76,978 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Healthpeak Properties by 0.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,238,001 shares of the real estate investment trust’s stock worth $207,012,000 after purchasing an additional 84,551 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 5.4%

NYSE DOC opened at $18.03 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.22 and a quick ratio of 1.28. The stock has a market capitalization of $12.53 billion, a PE ratio of -360.43, a PEG ratio of 3.25 and a beta of 1.09. Healthpeak Properties, Inc. has a 1 year low of $16.63 and a 1 year high of $23.05. The business’s 50-day moving average is $18.37 and its 200 day moving average is $17.90.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The company had revenue of $705.87 million for the quarter, compared to analysts’ expectations of $681.65 million. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.Healthpeak Properties’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The company 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. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, December 19th. Healthpeak Properties’s payout ratio is presently -2,440.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a report on Monday, September 15th. Morgan Stanley cut their price objective on Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Robert W. Baird set a $21.00 price objective on Healthpeak Properties and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Wall Street Zen cut Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Monday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $18.00 price objective (down from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Healthpeak Properties has an average rating of “Moderate Buy” and a consensus price target of $21.33.

Insiders Place Their Bets

In other news, CEO Scott M. Brinker acquired 1,490 shares of the business’s stock in a transaction on Monday, August 4th. The shares were acquired at an average cost of $16.83 per share, with a total value of $25,076.70. Following the transaction, 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 filing with the SEC, which can be accessed through this link. Over the last quarter, insiders purchased 5,910 shares of company stock worth $100,139. Insiders own 0.23% of the company’s stock.

About Healthpeak Properties

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.