Swedbank AB Increases Holdings in Healthpeak Properties, Inc. $DOC

Swedbank AB raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 433.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 849,215 shares of the real estate investment trust’s stock after buying an additional 690,000 shares during the quarter. Swedbank AB’s holdings in Healthpeak Properties were worth $13,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. WPG Advisers LLC raised its stake in Healthpeak Properties by 270.2% during the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,197 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in Healthpeak Properties during the 4th quarter valued at $31,000. CYBER HORNET ETFs LLC purchased a new stake in Healthpeak Properties during the 2nd quarter valued at $33,000. Wiser Advisor Group LLC purchased a new stake in Healthpeak Properties during the 3rd quarter valued at $38,000. Finally, AlphaQuest LLC raised its stake in Healthpeak Properties by 49.2% during the 3rd quarter. AlphaQuest LLC now owns 2,864 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 944 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on DOC. Wells Fargo & Company reiterated a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Evercore downgraded shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price objective for the company. in a research report on Monday, May 11th. Scotiabank upgraded Healthpeak Properties to a “hold” rating in a research note on Thursday, April 23rd. Finally, UBS Group upped their price objective on Healthpeak Properties from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Five research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $19.08.

Healthpeak Properties Trading Up 1.7%

NYSE:DOC opened at $20.07 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a market capitalization of $13.84 billion, a price-to-earnings ratio of 62.72, a price-to-earnings-growth ratio of 2.51 and a beta of 1.00. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $20.08. The business has a fifty day moving average price of $17.61 and a 200-day moving average price of $17.29.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02. The firm had revenue of $752.95 million during the quarter, compared to analyst estimates of $694.59 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.Healthpeak Properties’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.75 EPS for the current year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be paid a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Monday, June 15th. Healthpeak Properties’s dividend payout ratio is 381.25%.

Insider Activity at Healthpeak Properties

In other news, insider Scott R. Bohn sold 10,989 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total value of $213,736.05. Following the completion of the sale, the insider directly 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 document filed with the SEC, which is available at this link. 0.23% of the stock is owned by company insiders.

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.