E. Ohman J or Asset Management AB Sells 6,900 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

E. Ohman J or Asset Management AB lowered its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 18.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,545 shares of the real estate investment trust’s stock after selling 6,900 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Healthpeak Properties were worth $597,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DOC. Mizuho Bank Ltd. purchased a new stake in shares of Healthpeak Properties during the 4th quarter worth $28,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Healthpeak Properties in the 4th quarter valued at about $30,000. Future Financial Wealth Managment LLC purchased a new position in shares of Healthpeak Properties in the 1st quarter worth approximately $30,000. Covestor Ltd grew its position in shares of Healthpeak Properties by 173.8% in the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 1,152 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in Healthpeak Properties in the fourth quarter valued at approximately $45,000. Institutional investors own 93.57% of the company’s stock.

Insider Activity at Healthpeak Properties

In related news, CEO Scott M. Brinker purchased 11,337 shares of the business’s stock in a transaction that occurred on Monday, April 28th. The stock was bought at an average price of $17.68 per share, with a total value of $200,438.16. Following the acquisition, the chief executive officer now owns 201,863 shares in the company, valued at $3,568,937.84. The trade was a 5.95% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John T. Thomas acquired 4,200 shares of the firm’s stock in a transaction on Monday, April 28th. The shares were bought at an average cost of $17.84 per share, for a total transaction of $74,928.00. Following the completion of the acquisition, the director now owns 813,566 shares of the company’s stock, valued at approximately $14,514,017.44. This represents a 0.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 29,764 shares of company stock worth $521,909 in the last 90 days. Corporate insiders own 0.23% of the company’s stock.

Healthpeak Properties Trading Up 1.1%

Shares of NYSE:DOC opened at $17.27 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96. Healthpeak Properties, Inc. has a 12-month low of $16.64 and a 12-month high of $23.26. The business has a 50 day moving average of $17.86 and a two-hundred day moving average of $19.57. The company has a market capitalization of $12.00 billion, a PE ratio of 49.34, a PEG ratio of 2.17 and a beta of 1.04.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. The firm had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 earnings per share. As a group, analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.1017 per share. This represents a dividend yield of 7.05%. The ex-dividend date was Monday, May 19th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 305.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DOC. Robert W. Baird reduced their price target on Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 29th. Wedbush dropped their price target on Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research note on Monday, April 28th. Wells Fargo & Company cut their price objective on shares of Healthpeak Properties from $22.00 to $20.00 and set an “equal weight” rating on the stock in a report on Monday, June 2nd. Argus reaffirmed a “buy” rating and issued a $25.00 price target on shares of Healthpeak Properties in a report on Tuesday, April 29th. Finally, Wall Street Zen cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Healthpeak Properties has an average rating of “Moderate Buy” and an average price target of $23.27.

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.