Generali Asset Management SPA SGR Grows Stock Holdings in Healthpeak Properties, Inc. $DOC

Generali Asset Management SPA SGR boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOCFree Report) by 2.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,371 shares of the real estate investment trust’s stock after buying an additional 3,182 shares during the period. Generali Asset Management SPA SGR’s holdings in Healthpeak Properties were worth $2,423,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Fifth Third Wealth Advisors LLC boosted its holdings in Healthpeak Properties by 2.4% in the 2nd 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 during the period. Applied Finance Capital Management LLC lifted its holdings in shares of Healthpeak Properties by 3.4% during the 1st quarter. Applied Finance Capital Management LLC now owns 17,648 shares of the real estate investment trust’s stock worth $357,000 after acquiring an additional 577 shares during the last quarter. AssuredPartners Investment Advisors LLC lifted its holdings in shares of Healthpeak Properties by 3.1% during the 1st quarter. AssuredPartners Investment Advisors LLC now owns 22,088 shares of the real estate investment trust’s stock worth $447,000 after acquiring an additional 666 shares during the last quarter. LRI Investments LLC lifted its holdings in shares of Healthpeak Properties by 18.4% during the 2nd quarter. LRI Investments LLC now owns 4,481 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 697 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of 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 worth $367,000 after acquiring an additional 722 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Scott M. Brinker acquired 2,930 shares of the firm’s stock in a transaction on Thursday, July 31st. The shares were purchased at an average price of $17.06 per share, for a total transaction of $49,985.80. Following the completion of the transaction, the chief executive officer owned 210,416 shares of the company’s stock, valued at $3,589,696.96. The trade was a 1.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought a total of 8,783 shares of company stock valued at $150,129 in the last 90 days. 0.23% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DOC. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $18.00 price objective (down from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Scotiabank downgraded shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Evercore ISI set a $22.00 price objective on shares of Healthpeak Properties in a report on Monday, September 15th. Morgan Stanley dropped their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Robert W. Baird set a $21.00 price target on shares of Healthpeak Properties and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.33.

Read Our Latest Stock Analysis on Healthpeak Properties

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $18.46 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $12.83 billion, a PE ratio of 76.92, a P/E/G ratio of 3.16 and a beta of 1.09. The firm has a fifty day simple moving average of $18.13 and a two-hundred day simple moving average of $17.92. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $23.26.

Healthpeak Properties (NYSE:DOCGet Free Report) last posted its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $694.35 million during the quarter, compared to the consensus estimate of $697.14 million. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. The firm’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the previous year, the firm 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 year.

Healthpeak Properties Dividend Announcement

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 $0.1017 dividend. The ex-dividend date is Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. Healthpeak Properties’s payout ratio is presently 508.33%.

Healthpeak Properties Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Healthpeak Properties (NYSE:DOC)

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