Nomura Holdings Inc. Raises Stake in Healthpeak Properties, Inc. $DOC

Nomura Holdings Inc. raised its position in Healthpeak Properties, Inc. (NYSE:DOC) by 67.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174,274 shares of the real estate investment trust’s stock after acquiring an additional 70,022 shares during the quarter. Nomura Holdings Inc.’s holdings in Healthpeak Properties were worth $3,524,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group lifted its stake in Healthpeak Properties by 198.9% in the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 873 shares during the last quarter. TCTC Holdings LLC raised its holdings in Healthpeak Properties by 124.3% during the first quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 751 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Healthpeak Properties during the first quarter worth approximately $30,000. S.A. Mason LLC raised its holdings in Healthpeak Properties by 160.9% during the first quarter. S.A. Mason LLC now owns 1,500 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Finally, Dagco Inc. acquired a new stake in Healthpeak Properties during the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on DOC. Robert W. Baird set a $21.00 price objective on shares of Healthpeak Properties and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $18.00 price objective (down previously from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Morgan Stanley cut their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Wall Street Zen cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Monday, July 7th. Finally, Scotiabank cut shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.50.

Healthpeak Properties Stock Up 0.5%

DOC stock opened at $17.95 on Tuesday. The company has a fifty day moving average price of $17.70 and a 200 day moving average price of $18.28. Healthpeak Properties, Inc. has a 12 month low of $16.63 and a 12 month high of $23.26. The company has a market cap of $12.47 billion, a price-to-earnings ratio of 74.79, a price-to-earnings-growth ratio of 2.30 and a beta of 1.07. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.28 and a quick ratio of 1.28.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. The firm had revenue of $694.35 million during the quarter, compared to the consensus estimate of $697.14 million. During the same quarter in the prior year, the firm earned $0.45 EPS. Healthpeak Properties’s revenue for the quarter was down .2% on a year-over-year basis. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Sell-side analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were given a $0.1017 dividend. The ex-dividend date was Monday, August 18th. This represents a c) annualized dividend and a yield of 6.8%. Healthpeak Properties’s dividend payout ratio is 508.33%.

Insider Buying and Selling

In other Healthpeak Properties news, CEO Scott M. Brinker purchased 1,490 shares of Healthpeak Properties stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average price of $16.83 per share, for a total transaction of $25,076.70. Following the transaction, 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have acquired 8,783 shares of company stock valued at $150,129. 0.23% of the stock is 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.