Nomura Asset Management Co. Ltd. Buys 34,149 Shares of Healthpeak Properties, Inc. $DOC

Nomura Asset Management Co. Ltd. lifted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 2.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,272,218 shares of the real estate investment trust’s stock after acquiring an additional 34,149 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Healthpeak Properties were worth $20,457,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Fiduciary Trust Co raised its position in shares of Healthpeak Properties by 4.9% during the third quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock worth $264,000 after acquiring an additional 644 shares during the last quarter. Patton Fund Management Inc. increased its holdings in Healthpeak Properties by 5.2% in the fourth quarter. Patton Fund Management Inc. now owns 13,002 shares of the real estate investment trust’s stock worth $209,000 after purchasing an additional 648 shares in the last quarter. Arjuna Capital increased its holdings in Healthpeak Properties by 4.8% in the third quarter. Arjuna Capital now owns 14,768 shares of the real estate investment trust’s stock worth $283,000 after purchasing an additional 679 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Healthpeak Properties by 1.9% in the third quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock worth $721,000 after purchasing an additional 718 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in Healthpeak Properties by 23.2% in the third quarter. UMB Bank n.a. now owns 4,597 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 867 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Healthpeak Properties

In related news, insider Scott R. Bohn sold 10,989 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total value of $213,736.05. Following the sale, the insider owned 7,636 shares in the company, valued at $148,520.20. This represents a 59.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada lifted their target price on Healthpeak Properties from $20.00 to $21.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Wells Fargo & Company lifted their target price on Healthpeak Properties from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Monday. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Scotiabank lifted their target price on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 27th. Finally, Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 target price for the company. in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, Healthpeak Properties has a consensus rating of “Hold” and an average price target of $19.38.

Healthpeak Properties Stock Performance

DOC opened at $19.01 on Tuesday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.15. The company’s fifty day moving average price is $17.76 and its two-hundred day moving average price is $17.33. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $20.27. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 59.40, a PEG ratio of 2.43 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last released 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 firm had revenue of $752.95 million for the quarter, compared to the consensus estimate of $694.59 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. On average, analysts expect that Healthpeak Properties, Inc. will post 1.75 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 15th will be issued a $0.1017 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Monday, June 15th. Healthpeak Properties’s dividend payout ratio is currently 381.25%.

About Healthpeak Properties

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.