Healthpeak Properties, Inc. $DOC Shares Sold by MGO One Seven LLC

MGO One Seven LLC decreased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,072 shares of the real estate investment trust’s stock after selling 785 shares during the quarter. MGO One Seven LLC’s holdings in Healthpeak Properties were worth $351,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Wealth Advisors LLC lifted its holdings in Healthpeak Properties by 2.4% in the second quarter. Fifth Third Wealth Advisors LLC now owns 22,811 shares of the real estate investment trust’s stock valued at $399,000 after acquiring an additional 543 shares during the period. Applied Finance Capital Management LLC lifted its holdings in Healthpeak Properties by 3.4% in the first quarter. Applied Finance Capital Management LLC now owns 17,648 shares of the real estate investment trust’s stock valued at $357,000 after acquiring an additional 577 shares during the period. AssuredPartners Investment Advisors LLC lifted its holdings in Healthpeak Properties by 3.1% in the first quarter. AssuredPartners Investment Advisors LLC now owns 22,088 shares of the real estate investment trust’s stock valued at $447,000 after acquiring an additional 666 shares during the period. LRI Investments LLC lifted its holdings in Healthpeak Properties by 18.4% in the second quarter. LRI Investments LLC now owns 4,481 shares of the real estate investment trust’s stock valued at $78,000 after acquiring an additional 697 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Healthpeak Properties by 4.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 18,146 shares of the real estate investment trust’s stock valued at $367,000 after acquiring an additional 722 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Buying and Selling

In other news, CEO Scott M. Brinker acquired 2,930 shares of Healthpeak Properties stock in a transaction that occurred on Thursday, July 31st. The stock was purchased at an average cost of $17.06 per share, with a total value of $49,985.80. Following the purchase, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders acquired 8,783 shares of company stock valued at $150,129. 0.23% of the stock is currently owned by corporate insiders.

Healthpeak Properties Stock Up 0.5%

Healthpeak Properties stock opened at $18.55 on Friday. The stock has a market capitalization of $12.89 billion, a PE ratio of 77.27, a price-to-earnings-growth ratio of 3.16 and a beta of 1.09. Healthpeak Properties, Inc. has a 12 month low of $16.63 and a 12 month high of $23.26. The business has a 50 day simple moving average of $18.16 and a 200-day simple moving average of $17.90. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.28 and a quick ratio of 1.28.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The business had revenue of $694.35 million during the quarter, compared to analysts’ expectations of $697.14 million. Healthpeak Properties had a return on equity of 1.85% and a net margin of 5.90%.The business’s revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently disclosed 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) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Friday, December 19th. Healthpeak Properties’s dividend payout ratio is currently 508.33%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DOC shares. Robert W. Baird set a $21.00 price target on Healthpeak Properties and gave the company an “outperform” rating in a report on Wednesday, July 30th. Evercore ISI set a $22.00 price target on Healthpeak Properties in a report on Monday, September 15th. Wells Fargo & Company decreased their price target on Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. 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. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

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.