Healthpeak Properties, Inc. $DOC Stock Holdings Lessened by Journey Advisory Group LLC

Journey Advisory Group LLC reduced its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 1.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 167,427 shares of the real estate investment trust’s stock after selling 3,092 shares during the quarter. Journey Advisory Group LLC’s holdings in Healthpeak Properties were worth $2,932,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Brooklyn Investment Group lifted its position in shares of 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 worth $27,000 after buying an additional 873 shares during the last quarter. TCTC Holdings LLC lifted its position in shares of 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 worth $27,000 after buying an additional 751 shares during the last quarter. S.A. Mason LLC lifted its position in shares of Healthpeak Properties by 160.9% in the 1st quarter. S.A. Mason LLC now owns 1,500 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 925 shares during the last quarter. Dagco Inc. bought a new position in shares of Healthpeak Properties in the 1st quarter worth about $30,000. Finally, GKV Capital Management Co. Inc. bought a new position in shares of Healthpeak Properties in the 1st quarter worth about $36,000. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DOC has been the topic of several recent research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Wednesday, October 8th. Evercore ISI set a $22.00 price objective on shares of Healthpeak Properties in a research report on Monday, September 15th. Robert W. Baird set a $21.00 price objective on shares of Healthpeak Properties and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Wall Street Zen downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research report on Monday, July 7th. Finally, Wells Fargo & Company cut their price objective on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 27th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.33.

Healthpeak Properties Stock Up 0.5%

Healthpeak Properties stock opened at $18.55 on Monday. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 77.27, a PEG ratio of 3.16 and a beta of 1.09. 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 company’s 50-day moving average price is $18.16 and its two-hundred day moving average price is $17.89. Healthpeak Properties, Inc. has a 52 week low of $16.63 and a 52 week high of $23.26.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. The firm 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%. Healthpeak Properties’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter last year, the company earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) annualized dividend and a yield of 6.6%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 508.33%.

Insider Buying and Selling

In other Healthpeak Properties news, CEO Scott M. Brinker acquired 2,930 shares of the stock in a transaction dated Thursday, July 31st. The shares were bought at an average price of $17.06 per share, with a total value of $49,985.80. Following the purchase, the chief executive officer directly owned 210,416 shares of the company’s stock, valued at approximately $3,589,696.96. This trade represents a 1.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have bought 8,783 shares of company stock worth $150,129. 0.23% of the stock is currently owned by company insiders.

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.