Pensionfund Sabic Has $2.02 Million Stock Position in Healthpeak Properties, Inc. $DOC

Pensionfund Sabic lowered its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 10.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,755 shares of the real estate investment trust’s stock after selling 12,000 shares during the period. Pensionfund Sabic’s holdings in Healthpeak Properties were worth $2,017,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DOC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Healthpeak Properties by 584.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,218,848 shares of the real estate investment trust’s stock valued at $186,405,000 after buying an additional 7,872,150 shares in the last quarter. Nuveen LLC bought a new position in shares of Healthpeak Properties during the first quarter valued at $124,113,000. Invesco Ltd. raised its stake in shares of Healthpeak Properties by 20.7% during the first quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock valued at $467,311,000 after acquiring an additional 3,967,830 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Healthpeak Properties by 57.8% during the first quarter. Goldman Sachs Group Inc. now owns 6,764,854 shares of the real estate investment trust’s stock valued at $136,785,000 after acquiring an additional 2,477,307 shares during the last quarter. Finally, Amundi raised its stake in shares of Healthpeak Properties by 89.4% during the first quarter. Amundi now owns 5,047,699 shares of the real estate investment trust’s stock valued at $98,228,000 after acquiring an additional 2,382,657 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Scott M. Brinker purchased 2,930 shares of the business’s stock in a transaction that occurred on Thursday, July 31st. The shares were acquired at an average cost of $17.06 per share, for a total transaction of $49,985.80. Following the completion of the acquisition, the chief executive officer owned 210,416 shares in the company, valued at $3,589,696.96. This trade represents a 1.41% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have bought 8,783 shares of company stock worth $150,129 in the last 90 days. 0.23% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on DOC shares. Robert W. Baird set a $21.00 price target on shares of Healthpeak Properties and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Wall Street Zen downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Monday, July 7th. Scotiabank downgraded shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the company from $21.00 to $19.00 in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $18.00 price target (down previously from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Finally, Wells Fargo & Company dropped their price target on shares of 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. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Healthpeak Properties has an average rating of “Moderate Buy” and a consensus target price of $21.50.

Healthpeak Properties Trading Down 0.2%

NYSE:DOC opened at $18.10 on Friday. The stock has a market capitalization of $12.58 billion, a price-to-earnings ratio of 75.44, a PEG ratio of 2.33 and a beta of 1.07. The firm has a fifty day simple moving average of $17.76 and a two-hundred day simple moving average of $18.20. Healthpeak Properties, Inc. has a 12 month low of $16.63 and a 12 month high of $23.26. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.06.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 analysts’ expectations of $697.14 million. During the same period last year, the company earned $0.45 earnings per share. The business’s revenue was down .2% on a year-over-year basis. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were issued a dividend of $0.1017 per share. The ex-dividend date was Monday, August 18th. This represents a c) annualized dividend and a yield of 6.7%. Healthpeak Properties’s payout ratio is 508.33%.

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.