Healthpeak Properties, Inc. $DOC Shares Purchased by Investment Management Corp of Ontario

Investment Management Corp of Ontario grew its position in Healthpeak Properties, Inc. (NYSE:DOC) by 1,117.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,180 shares of the real estate investment trust’s stock after buying an additional 221,367 shares during the quarter. Investment Management Corp of Ontario’s holdings in Healthpeak Properties were worth $4,223,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DOC. Citigroup Inc. raised its position in Healthpeak Properties by 90.5% during the first quarter. Citigroup Inc. now owns 1,047,397 shares of the real estate investment trust’s stock worth $21,178,000 after acquiring an additional 497,441 shares during the last quarter. Covestor Ltd grew its holdings in Healthpeak Properties by 161.7% during the 1st quarter. Covestor Ltd now owns 4,750 shares of the real estate investment trust’s stock valued at $96,000 after buying an additional 2,935 shares during the last quarter. Benjamin Edwards Inc. increased its position in Healthpeak Properties by 3.4% during the first quarter. Benjamin Edwards Inc. now owns 33,803 shares of the real estate investment trust’s stock worth $684,000 after buying an additional 1,103 shares in the last quarter. Nuveen LLC acquired a new position in shares of Healthpeak Properties in the first quarter worth $124,113,000. Finally, Public Sector Pension Investment Board raised its holdings in shares of Healthpeak Properties by 3.1% in the first quarter. Public Sector Pension Investment Board now owns 187,096 shares of the real estate investment trust’s stock worth $3,783,000 after acquiring an additional 5,599 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $16.47 on Wednesday. The firm has a market capitalization of $11.45 billion, a PE ratio of -329.39, a price-to-earnings-growth ratio of 4.25 and a beta of 1.11. Healthpeak Properties, Inc. has a one year low of $16.45 and a one year high of $21.83. The stock’s 50 day moving average price is $18.05 and its 200 day moving average price is $17.86. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.22 and a current ratio of 1.22.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $705.87 million for the quarter, compared to analyst estimates of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $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 expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be issued a dividend of $0.1017 per share. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Friday, December 19th. Healthpeak Properties’s dividend payout ratio (DPR) is currently -2,440.00%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a research report on Monday, September 15th. Cantor Fitzgerald assumed coverage on shares of Healthpeak Properties in a report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price target for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $18.00 price objective (down previously from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Finally, Evercore ISI set a $22.00 target price on shares of Healthpeak Properties in a research note on Monday, September 15th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average target price of $20.60.

Healthpeak Properties Company 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.