CSM Advisors LLC Makes New Investment in Healthpeak Properties, Inc. $DOC

CSM Advisors LLC bought a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 584,567 shares of the real estate investment trust’s stock, valued at approximately $10,238,000. CSM Advisors LLC owned 0.08% of Healthpeak Properties as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brooklyn Investment Group raised its holdings in Healthpeak Properties by 198.9% in the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 873 shares during the period. TCTC Holdings LLC increased 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 acquiring an additional 751 shares during the last quarter. Dagco Inc. purchased a new stake in shares of Healthpeak Properties in the 1st quarter valued at approximately $30,000. GKV Capital Management Co. Inc. acquired a new position in shares of Healthpeak Properties in the 1st quarter worth approximately $36,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Healthpeak Properties by 120.6% in the 1st quarter. Larson Financial Group LLC now owns 1,873 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 1,024 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Stock Up 1.5%

Shares of NYSE DOC opened at $17.82 on Friday. The stock has a market cap of $12.38 billion, a P/E ratio of -356.23, a PEG ratio of 3.84 and a beta of 1.10. The business’s fifty day simple moving average is $18.38 and its 200-day simple moving average is $17.85. Healthpeak Properties, Inc. has a 12-month low of $16.63 and a 12-month high of $23.05. The company has a current ratio of 1.22, a quick ratio of 1.28 and a debt-to-equity ratio of 1.11.

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

Healthpeak Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) annualized dividend and a yield of 6.8%. Healthpeak Properties’s dividend payout ratio (DPR) is -2,440.00%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Cantor Fitzgerald began coverage on Healthpeak Properties in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $20.00 target price on the stock. Wells Fargo & Company dropped their price objective on Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Healthpeak Properties in a report on Wednesday, October 8th. Scotiabank cut Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $21.00 to $19.00 in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $18.00 target price (down from $28.00) on shares of Healthpeak Properties in a research report on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.91.

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.