Advisory Alpha LLC Raises Holdings in Healthpeak Properties, Inc. $DOC

Advisory Alpha LLC grew its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 18.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,034 shares of the real estate investment trust’s stock after purchasing an additional 2,030 shares during the period. Advisory Alpha LLC’s holdings in Healthpeak Properties were worth $228,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. TCTC Holdings LLC grew its position in shares of 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 valued at $27,000 after purchasing an additional 751 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of Healthpeak Properties by 198.9% during the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 873 shares during the last quarter. Dagco Inc. bought a new position in shares of Healthpeak Properties during the 1st quarter valued at approximately $30,000. AlphaQuest LLC bought a new position in shares of Healthpeak Properties during the 2nd quarter valued at approximately $34,000. Finally, GKV Capital Management Co. Inc. purchased a new stake in Healthpeak Properties during the first quarter valued at $36,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Insider Buying and Selling at Healthpeak Properties

In other Healthpeak Properties news, CEO Scott M. Brinker bought 1,490 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Monday, July 7th. Morgan Stanley decreased their price target on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Evercore ISI set a $22.00 price target on shares of Healthpeak Properties in a research note on Monday, September 15th. Raymond James Financial raised shares of Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research note on Monday, September 15th. Finally, Wells Fargo & Company decreased their price target on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 27th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Moderate Buy” and a consensus price target of $21.33.

Healthpeak Properties Stock Down 0.0%

Shares of NYSE DOC opened at $17.58 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.22 and a quick ratio of 1.28. The company has a market cap of $12.21 billion, a P/E ratio of -351.43, a PEG ratio of 3.84 and a beta of 1.09. Healthpeak Properties, Inc. has a 1 year low of $16.63 and a 1 year high of $23.05. The firm 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 announced its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Research analysts anticipate that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

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

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.