Healthpeak Properties, Inc. $DOC Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,064,825 shares of the real estate investment trust’s stock after acquiring an additional 49,651 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Healthpeak Properties were worth $18,645,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group raised its holdings in Healthpeak Properties by 198.9% in the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 873 shares during the last quarter. TCTC Holdings LLC grew its holdings in Healthpeak Properties by 124.3% in the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 751 shares in the last quarter. Dagco Inc. purchased a new stake in Healthpeak Properties in the 1st quarter valued at $30,000. GKV Capital Management Co. Inc. purchased a new stake in Healthpeak Properties in the 1st quarter valued at $36,000. Finally, Larson Financial Group LLC grew its holdings in Healthpeak Properties by 120.6% in the 1st quarter. Larson Financial Group LLC now owns 1,873 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 1,024 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Buying and Selling

In other Healthpeak Properties news, CEO Scott M. Brinker purchased 2,930 shares of the company’s stock in a transaction on Thursday, July 31st. The stock was acquired at an average price of $17.06 per share, for a total transaction of $49,985.80. Following the completion of the purchase, the chief executive officer directly owned 210,416 shares in the company, valued at approximately $3,589,696.96. The trade was a 1.41% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 8,783 shares of company stock valued at $150,129. Company insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

DOC has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Healthpeak Properties in a report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $18.00 price objective (down from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 target price on the stock in a research report on Monday, September 15th. Scotiabank cut Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and lowered their price target for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Finally, Morgan Stanley reduced their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Healthpeak Properties has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Healthpeak Properties Trading Up 1.1%

Shares of NYSE DOC opened at $18.75 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $13.03 billion, a PE ratio of -374.95, a PEG ratio of 3.20 and a beta of 1.09. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $23.12. The stock has a fifty day simple moving average of $18.32 and a 200-day simple moving average of $17.91.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $705.87 million for the quarter, compared to analyst estimates 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 was up .8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, equities analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 6.5%. Healthpeak Properties’s dividend 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.