Hantz Financial Services Inc. Has $1.62 Million Stock Position in Healthpeak Properties, Inc. $DOC

Hantz Financial Services Inc. decreased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 5.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,499 shares of the real estate investment trust’s stock after selling 4,884 shares during the period. Hantz Financial Services Inc.’s holdings in Healthpeak Properties were worth $1,620,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DOC. Amalgamated Bank lifted its position in Healthpeak Properties by 2.2% during the 1st quarter. Amalgamated Bank now owns 136,884 shares of the real estate investment trust’s stock worth $2,768,000 after buying an additional 3,001 shares in the last quarter. Private Trust Co. NA lifted its position in Healthpeak Properties by 44.4% during the 1st quarter. Private Trust Co. NA now owns 10,013 shares of the real estate investment trust’s stock worth $202,000 after buying an additional 3,078 shares in the last quarter. Teacher Retirement System of Texas lifted its position in Healthpeak Properties by 3.7% during the 1st quarter. Teacher Retirement System of Texas now owns 102,253 shares of the real estate investment trust’s stock worth $2,068,000 after buying an additional 3,623 shares in the last quarter. D.A. Davidson & CO. lifted its position in Healthpeak Properties by 1.0% during the 1st quarter. D.A. Davidson & CO. now owns 91,015 shares of the real estate investment trust’s stock worth $1,840,000 after buying an additional 906 shares in the last quarter. Finally, Calamos Advisors LLC lifted its position in Healthpeak Properties by 1.1% during the 1st quarter. Calamos Advisors LLC now owns 511,755 shares of the real estate investment trust’s stock worth $10,348,000 after buying an additional 5,700 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $17.99 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 stock has a market cap of $12.50 billion, a PE ratio of -359.63, a price-to-earnings-growth ratio of 3.84 and a beta of 1.09. The stock has a 50-day moving average of $18.39 and a 200-day moving average of $17.89. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $23.05.

Healthpeak Properties (NYSE:DOC) last announced 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 company had revenue of $705.87 million during the quarter, compared to analysts’ expectations 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 period in the prior year, the business posted $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, sell-side analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

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

Analysts Set New Price Targets

Several 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 report on Monday, July 7th. Evercore ISI set a $22.00 price objective on Healthpeak Properties in a report on Monday, September 15th. Morgan Stanley dropped their price objective on Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Scotiabank cut Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Finally, Raymond James Financial raised Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a report on Monday, September 15th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Insider Activity at Healthpeak Properties

In related news, CEO Scott M. Brinker purchased 1,490 shares of the stock in a transaction dated Monday, August 4th. The stock was bought at an average cost of $16.83 per share, with a total value of $25,076.70. Following the purchase, the chief executive officer directly owned 211,906 shares in the company, valued at $3,566,377.98. The trade was a 0.71% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.23% of the stock is currently owned by company insiders.

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.