Advisory Alpha LLC Acquires 2,030 Shares of Healthpeak Properties, Inc. $DOC

Advisory Alpha LLC raised its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 18.4% in the 2nd quarter, Holdings Channel reports. The firm owned 13,034 shares of the real estate investment trust’s stock after purchasing an additional 2,030 shares during the quarter. Advisory Alpha LLC’s holdings in Healthpeak Properties were worth $228,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Machina Capital S.A.S. raised its holdings in shares of Healthpeak Properties by 62.8% in the first quarter. Machina Capital S.A.S. now owns 37,160 shares of the real estate investment trust’s stock valued at $751,000 after acquiring an additional 14,336 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Healthpeak Properties by 0.3% in the first quarter. Deutsche Bank AG now owns 8,482,898 shares of the real estate investment trust’s stock valued at $171,524,000 after acquiring an additional 23,136 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Healthpeak Properties by 10.9% in the first quarter. Concurrent Investment Advisors LLC now owns 11,218 shares of the real estate investment trust’s stock valued at $227,000 after acquiring an additional 1,101 shares in the last quarter. Foundry Partners LLC raised its holdings in shares of Healthpeak Properties by 37.8% in the first quarter. Foundry Partners LLC now owns 934,894 shares of the real estate investment trust’s stock valued at $18,904,000 after acquiring an additional 256,339 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Healthpeak Properties by 11.1% in the first quarter. LPL Financial LLC now owns 4,032,779 shares of the real estate investment trust’s stock valued at $81,543,000 after acquiring an additional 404,372 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Scott M. Brinker acquired 1,490 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were purchased at an average price of $16.83 per share, for a total transaction of $25,076.70. Following the completion of the acquisition, the chief executive officer directly owned 211,906 shares in the company, valued at $3,566,377.98. The trade was a 0.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.23% of the stock is currently owned by company insiders.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $17.58 on Friday. The company has a market capitalization of $12.21 billion, a PE ratio of -351.43, a P/E/G ratio of 3.84 and a beta of 1.09. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.28 and a current ratio of 1.22. 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, Inc. has a one year low of $16.63 and a one year high of $23.05.

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

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 19th will be issued a dividend of $0.1017 per share. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 6.9%. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DOC shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Healthpeak Properties in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Monday, July 7th. Robert W. Baird set a $21.00 price objective on shares of Healthpeak Properties and gave the company an “outperform” rating in a report on Wednesday, July 30th. Evercore ISI set a $22.00 price objective on shares of Healthpeak Properties in a report on Monday, September 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $18.00 target price (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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.33.

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.