J. Safra Sarasin Holding AG acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 47,068 shares of the real estate investment trust’s stock, valued at approximately $771,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC increased its holdings in Healthpeak Properties by 8.7% during the 1st quarter. International Assets Investment Management LLC now owns 24,582 shares of the real estate investment trust’s stock worth $403,000 after purchasing an additional 1,960 shares during the period. Anchor Investment Management LLC boosted its stake in shares of Healthpeak Properties by 38.8% in the 1st quarter. Anchor Investment Management LLC now owns 20,543 shares of the real estate investment trust’s stock valued at $338,000 after buying an additional 5,740 shares during the period. Diversify Wealth Management LLC purchased a new position in shares of Healthpeak Properties in the 1st quarter valued at about $1,250,000. Carnegie Investment Counsel acquired a new position in shares of Healthpeak Properties during the first quarter worth about $200,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Healthpeak Properties by 25.9% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 489,084 shares of the real estate investment trust’s stock worth $8,036,000 after buying an additional 100,731 shares in the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on DOC. BMO Capital Markets raised their target price on shares of Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Royal Bank Of Canada increased their price objective on shares of Healthpeak Properties from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Raymond James Financial began coverage on shares of Healthpeak Properties in a report on Wednesday, June 17th. They issued a “market perform” rating on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research report on Thursday, June 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $20.62.
Healthpeak Properties Stock Performance
Shares of Healthpeak Properties stock opened at $21.73 on Thursday. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.15. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $22.13. The firm’s 50 day moving average is $20.36 and its two-hundred day moving average is $18.17. The firm has a market capitalization of $14.98 billion, a P/E ratio of 67.92, a P/E/G ratio of 3.36 and a beta of 1.02.
Healthpeak Properties (NYSE:DOC – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. The business had revenue of $752.95 million during the quarter, compared to the consensus estimate of $694.59 million. During the same quarter in the previous year, the firm earned $0.46 EPS. The company’s 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. Research analysts forecast that Healthpeak Properties, Inc. will post 1.75 EPS for the current fiscal year.
Healthpeak Properties Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 14th will be given a $0.1017 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 5.6%. Healthpeak Properties’s payout ratio is 381.25%.
Insider Transactions at Healthpeak Properties
In other Healthpeak Properties news, insider Scott R. Bohn sold 10,989 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total value of $213,736.05. Following the completion of the transaction, the insider owned 7,636 shares in the company, valued at $148,520.20. This represents a 59.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is owned by corporate insiders.
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.
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