DekaBank Deutsche Girozentrale Has $6.87 Million Stake in Healthpeak Properties, Inc. $DOC

DekaBank Deutsche Girozentrale increased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 15.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 395,393 shares of the real estate investment trust’s stock after buying an additional 52,768 shares during the period. DekaBank Deutsche Girozentrale owned 0.06% of Healthpeak Properties worth $6,870,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group increased its holdings in Healthpeak Properties by 198.9% during the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 873 shares during the last quarter. TCTC Holdings LLC boosted its position in 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 worth $27,000 after purchasing an additional 751 shares during the period. Dagco Inc. bought a new position in Healthpeak Properties during the first quarter worth $30,000. GKV Capital Management Co. Inc. bought a new position in Healthpeak Properties during the first quarter worth $36,000. Finally, Larson Financial Group LLC boosted its position in Healthpeak Properties by 120.6% during the first quarter. Larson Financial Group LLC now owns 1,873 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 1,024 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DOC shares. 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 research report on Wednesday, August 20th. Wells Fargo & Company reduced their price objective on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 27th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Friday. Robert W. Baird set a $21.00 price objective on shares of Healthpeak Properties and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Finally, Raymond James Financial raised shares of Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 target price for the company in a research report on Monday, September 15th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Healthpeak Properties has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Insider Buying and Selling

In related news, CEO Scott M. Brinker purchased 2,930 shares of the company’s stock in a transaction that occurred on Thursday, July 31st. The stock was acquired at an average price of $17.06 per share, with a total value of $49,985.80. Following the completion of the purchase, the chief executive officer directly 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought a total of 8,783 shares of company stock valued at $150,129 over the last three months. 0.23% of the stock is owned by insiders.

Healthpeak Properties Trading Up 1.1%

Shares of Healthpeak Properties stock opened at $18.75 on Friday. The firm has a 50-day moving average of $18.32 and a 200-day moving average of $17.91. The stock has a market cap of $13.03 billion, a PE ratio of -374.95, a PEG ratio of 3.16 and a beta of 1.09. Healthpeak Properties, Inc. has a 52-week low of $16.63 and a 52-week high of $23.12. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.28 and a current ratio of 1.28.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 0.43% and a negative net margin of 1.36%.Healthpeak Properties’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be paid a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Friday, December 19th. 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.