Healthpeak Properties, Inc. (NYSE:DOC) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 33.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,424 shares of the real estate investment trust’s stock after selling 8,724 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Healthpeak Properties were worth $353,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Healthpeak Properties by 23.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,561,640 shares of the real estate investment trust’s stock worth $493,115,000 after purchasing an additional 4,056,931 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Healthpeak Properties by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 18,355,772 shares of the real estate investment trust’s stock valued at $371,168,000 after acquiring an additional 638,012 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Healthpeak Properties by 2,113.5% in the 4th quarter. Principal Financial Group Inc. now owns 18,133,812 shares of the real estate investment trust’s stock worth $367,575,000 after acquiring an additional 17,314,572 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Healthpeak Properties by 10.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 17,267,917 shares of the real estate investment trust’s stock worth $350,021,000 after purchasing an additional 1,651,235 shares during the period. Finally, Centersquare Investment Management LLC lifted its holdings in shares of Healthpeak Properties by 3.7% during the fourth quarter. Centersquare Investment Management LLC now owns 11,215,516 shares of the real estate investment trust’s stock valued at $227,339,000 after purchasing an additional 398,770 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Robert W. Baird dropped their price target on Healthpeak Properties from $24.00 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday. Morgan Stanley upgraded shares of Healthpeak Properties from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a report on Wednesday, January 15th. Evercore ISI decreased their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set an “outperform” rating for the company in a research note on Monday. Argus reiterated a “buy” rating and set a $25.00 price objective on shares of Healthpeak Properties in a research report on Tuesday. Finally, StockNews.com lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.42.

Insiders Place Their Bets

In related news, CEO Scott M. Brinker purchased 11,337 shares of the stock in a transaction on Monday, April 28th. The shares were bought at an average price of $17.68 per share, for a total transaction of $200,438.16. Following the completion of the acquisition, the chief executive officer now directly owns 201,863 shares in the company, valued at approximately $3,568,937.84. This trade represents a 5.95 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John T. Thomas acquired 4,200 shares of Healthpeak Properties stock in a transaction dated Monday, April 28th. The stock was purchased at an average price of $17.84 per share, with a total value of $74,928.00. Following the completion of the purchase, the director now directly owns 813,566 shares of the company’s stock, valued at $14,514,017.44. The trade was a 0.52 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.23% of the company’s stock.

Healthpeak Properties Trading Up 0.2 %

Shares of NYSE DOC opened at $17.78 on Wednesday. The business has a 50 day simple moving average of $19.49 and a 200 day simple moving average of $20.51. Healthpeak Properties, Inc. has a 52 week low of $17.33 and a 52 week high of $23.26. The stock has a market cap of $12.44 billion, a price-to-earnings ratio of 50.80, a PEG ratio of 2.17 and a beta of 1.02. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.35 and a current ratio of 1.35.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The company had revenue of $702.89 million during the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a net margin of 9.00% and a return on equity of 2.61%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 earnings per share. On average, research analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be issued a dividend of $0.1017 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a yield of 6.5%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 305.00%.

Healthpeak Properties 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.