Strs Ohio Acquires 78,193 Shares of Healthpeak Properties, Inc. $DOC

Strs Ohio lifted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,152,342 shares of the real estate investment trust’s stock after acquiring an additional 78,193 shares during the period. Strs Ohio owned approximately 0.31% of Healthpeak Properties worth $37,688,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in DOC. Fifth Third Wealth Advisors LLC increased its stake in Healthpeak Properties by 2.4% in the second quarter. Fifth Third Wealth Advisors LLC now owns 22,811 shares of the real estate investment trust’s stock valued at $399,000 after purchasing an additional 543 shares in the last quarter. Applied Finance Capital Management LLC increased its holdings in shares of Healthpeak Properties by 3.4% during the first quarter. Applied Finance Capital Management LLC now owns 17,648 shares of the real estate investment trust’s stock valued at $357,000 after acquiring an additional 577 shares in the last quarter. LRI Investments LLC increased its holdings in shares of Healthpeak Properties by 18.4% during the second quarter. LRI Investments LLC now owns 4,481 shares of the real estate investment trust’s stock valued at $78,000 after acquiring an additional 697 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Healthpeak Properties by 4.1% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 18,146 shares of the real estate investment trust’s stock valued at $367,000 after purchasing an additional 722 shares in the last quarter. Finally, CX Institutional increased its stake in Healthpeak Properties by 11.9% during the 2nd quarter. CX Institutional now owns 6,820 shares of the real estate investment trust’s stock valued at $119,000 after purchasing an additional 726 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Trading Down 0.0%

NYSE:DOC opened at $17.58 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.28 and a debt-to-equity ratio of 1.11. Healthpeak Properties, Inc. has a 12 month low of $16.63 and a 12 month high of $23.05. The company has a market cap of $12.21 billion, a PE ratio of -351.43, a price-to-earnings-growth ratio of 3.84 and a beta of 1.09. The company has a 50 day simple moving average of $18.39 and a two-hundred day simple moving average of $17.90.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.The company had revenue of $705.87 million during the quarter, compared to analyst estimates of $681.65 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. Healthpeak Properties’s 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. Research 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 declared a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Friday, December 19th. Healthpeak Properties’s payout ratio is currently -2,440.00%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wells Fargo & Company decreased their price objective on Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $18.00 target price (down previously from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Scotiabank lowered shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and reduced their target price for the stock from $21.00 to $19.00 in a research note on Tuesday, July 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Healthpeak Properties in a research note on Wednesday, October 8th. Finally, Cantor Fitzgerald began coverage on shares of Healthpeak Properties in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $20.00 price objective for the company. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

Insider Activity

In other news, CEO Scott M. Brinker purchased 1,490 shares of the business’s stock in a transaction on Monday, August 4th. The stock was acquired at an average cost of $16.83 per share, for a total transaction of $25,076.70. Following the purchase, the chief executive officer directly owned 211,906 shares in the company, valued at $3,566,377.98. This trade represents a 0.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.23% of the stock is currently owned by corporate insiders.

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.