Coldstream Capital Management Inc. Reduces Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Coldstream Capital Management Inc. lessened its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,881 shares of the real estate investment trust’s stock after selling 576 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Healthpeak Properties were worth $667,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DOC. Mizuho Bank Ltd. acquired a new stake in shares of Healthpeak Properties during the fourth quarter valued at about $28,000. Harvest Fund Management Co. Ltd purchased a new position in shares of Healthpeak Properties during the 4th quarter worth approximately $30,000. Covestor Ltd increased its holdings in Healthpeak Properties by 173.8% in the 4th quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,152 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in Healthpeak Properties by 34.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,193 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 563 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in Healthpeak Properties in the fourth quarter valued at approximately $45,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Healthpeak Properties

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DOC shares. StockNews.com cut Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, April 23rd. Argus reaffirmed a “buy” rating and issued a $25.00 target price on shares of Healthpeak Properties in a research report on Tuesday. Wedbush reduced their price target on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday. Robert W. Baird dropped their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Healthpeak Properties has an average rating of “Moderate Buy” and an average price target of $23.42.

Healthpeak Properties Trading Up 0.2 %

DOC opened at $17.78 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35. Healthpeak Properties, Inc. has a one year low of $17.33 and a one year high of $23.26. The company has a market cap of $12.44 billion, a P/E ratio of 50.80, a PEG ratio of 2.17 and a beta of 1.02. The business’s 50-day simple moving average is $19.49 and its 200-day simple moving average is $20.51.

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

Healthpeak Properties Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be given a $0.1017 dividend. The ex-dividend date is Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 305.00%.

About Healthpeak Properties

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.