CFC Planning Co LLC Invests $232,000 in Healthpeak Properties, Inc. $DOC

CFC Planning Co LLC acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 13,268 shares of the real estate investment trust’s stock, valued at approximately $232,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. increased its stake in shares of Healthpeak Properties by 20.7% in the first quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock valued at $467,311,000 after purchasing an additional 3,967,830 shares during the period. JPMorgan Chase & Co. increased its position in Healthpeak Properties by 21.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 20,024,030 shares of the real estate investment trust’s stock valued at $350,621,000 after acquiring an additional 3,540,367 shares during the period. Geode Capital Management LLC raised its stake in Healthpeak Properties by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 19,071,094 shares of the real estate investment trust’s stock valued at $332,625,000 after acquiring an additional 197,540 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in Healthpeak Properties by 6.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 18,397,841 shares of the real estate investment trust’s stock valued at $372,004,000 after acquiring an additional 1,129,924 shares in the last quarter. Finally, Centersquare Investment Management LLC boosted its position in Healthpeak Properties by 18.5% during the 1st quarter. Centersquare Investment Management LLC now owns 13,285,932 shares of the real estate investment trust’s stock worth $268,642,000 after acquiring an additional 2,070,416 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DOC shares. Scotiabank lowered Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and lowered their price target for the company from $21.00 to $19.00 in a report on Tuesday, July 29th. Morgan Stanley lowered their target price on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Healthpeak Properties in a research report on Tuesday. Robert W. Baird decreased their price objective on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a report on Wednesday, November 12th. Finally, Evercore ISI set a $22.00 price objective on shares of Healthpeak Properties in a research note on Monday, September 15th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.82.

Healthpeak Properties Price Performance

Shares of NYSE DOC opened at $17.41 on Friday. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $22.71. The company has a current ratio of 1.22, a quick ratio of 1.28 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average of $18.30 and a two-hundred day moving average of $17.82. The company has a market capitalization of $12.10 billion, a price-to-earnings ratio of -348.03, a PEG ratio of 3.84 and a beta of 1.10.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data 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. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The company had revenue of $705.87 million for the quarter, compared to analysts’ expectations of $681.65 million. During the same quarter in the previous year, the company posted $0.45 EPS. The business’s revenue was up .8% compared to the same quarter last year. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 19th will be given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Friday, December 19th. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

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.