Healthpeak Properties (NYSE:DOC) Insider Sells $213,736.05 in Stock

Healthpeak Properties, Inc. (NYSE:DOC) insider Scott Bohn sold 10,989 shares of Healthpeak Properties stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total transaction of $213,736.05. Following the sale, the insider directly owned 7,636 shares of the company’s stock, valued at $148,520.20. This represents a 59.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Healthpeak Properties Trading Down 1.1%

DOC traded down $0.23 during trading on Wednesday, reaching $19.56. 10,298,669 shares of the company’s stock were exchanged, compared to its average volume of 9,226,915. The company’s fifty day moving average price is $17.15 and its 200-day moving average price is $17.18. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96. Healthpeak Properties, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $19.87. The firm has a market capitalization of $13.48 billion, a PE ratio of 61.11, a P/E/G ratio of 2.73 and a beta of 1.00.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. The firm had revenue of $752.95 million during the quarter, compared to analyst estimates of $694.59 million. During the same quarter in the previous year, the business earned $0.46 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. As a group, equities analysts forecast that Healthpeak Properties, Inc. will post 1.74 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be issued a $0.1017 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 6.2%. Healthpeak Properties’s payout ratio is 381.25%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on DOC shares. Argus lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Wells Fargo & Company reissued a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. Weiss Ratings raised shares of Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Robert W. Baird boosted their price target on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Sunday. Four analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Healthpeak Properties currently has a consensus rating of “Hold” and an average price target of $18.75.

Hedge Funds Weigh In On Healthpeak Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advocate Investing Services LLC acquired a new position in Healthpeak Properties in the 4th quarter worth $26,000. WPG Advisers LLC boosted its stake in Healthpeak Properties by 270.2% in the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,197 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Healthpeak Properties in the 2nd quarter worth $33,000. Clearstead Advisors LLC boosted its stake in Healthpeak Properties by 166.3% in the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 1,216 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in Healthpeak Properties in the 4th quarter worth $31,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.