Healthpeak Properties, Inc. $DOC Shares Sold by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. reduced its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 23.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,494,724 shares of the real estate investment trust’s stock after selling 1,052,451 shares during the period. Healthpeak Properties makes up about 0.7% of Van Lanschot Kempen Investment Management N.V.’s investment portfolio, making the stock its 28th biggest holding. Van Lanschot Kempen Investment Management N.V. owned approximately 0.50% of Healthpeak Properties worth $70,663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DOC. Nuveen LLC acquired a new stake in Healthpeak Properties in the 1st quarter valued at $124,113,000. Resolution Capital Ltd purchased a new position in Healthpeak Properties in the 4th quarter valued at about $122,795,000. Invesco Ltd. boosted its position in Healthpeak Properties by 20.7% in the 1st quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock valued at $467,311,000 after buying an additional 3,967,830 shares during the last quarter. Northern Trust Corp boosted its position in Healthpeak Properties by 32.6% in the 4th quarter. Northern Trust Corp now owns 10,526,223 shares of the real estate investment trust’s stock valued at $213,367,000 after buying an additional 2,590,530 shares during the last quarter. Finally, Centersquare Investment Management LLC boosted its position in Healthpeak Properties by 18.5% in the 1st quarter. Centersquare Investment Management LLC now owns 13,285,932 shares of the real estate investment trust’s stock valued at $268,642,000 after buying an additional 2,070,416 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DOC has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price objective on shares of Healthpeak Properties from $22.00 to $20.00 and set an “equal weight” rating for the company in a research report on Monday, June 2nd. Scotiabank cut shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and decreased their price objective for the company from $21.00 to $19.00 in a research report on Tuesday, July 29th. Wedbush decreased their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating for the company in a research report on Monday, April 28th. Argus reissued a “buy” rating and issued a $25.00 price objective on shares of Healthpeak Properties in a research report on Tuesday, April 29th. Finally, Wall Street Zen cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

Insider Activity

In other Healthpeak Properties news, Director Tommy G. Thompson acquired 5,777 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average price of $17.27 per share, for a total transaction of $99,768.79. Following the completion of the purchase, the director directly owned 144,290 shares in the company, valued at $2,491,888.30. The trade was a 4.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Scott M. Brinker acquired 1,490 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The shares were acquired at an average price of $16.83 per share, for a total transaction of $25,076.70. Following the purchase, the chief executive officer owned 211,906 shares of the company’s stock, valued at $3,566,377.98. This trade represents a 0.71% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 14,560 shares of company stock worth $249,898. 0.23% of the stock is owned by company insiders.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $17.05 on Tuesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.28 and a current ratio of 1.28. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $23.26. The company’s 50-day simple moving average is $17.63 and its 200-day simple moving average is $18.44. The stock has a market capitalization of $11.85 billion, a price-to-earnings ratio of 71.04, a PEG ratio of 2.21 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $694.35 million for the quarter, compared to analysts’ expectations of $697.14 million. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 earnings per share. Equities analysts anticipate that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 29th. Investors of record on Tuesday, August 19th will be paid a dividend of $0.1017 per share. The ex-dividend date is Monday, August 18th. This represents a yield of 705.0%. 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.