UniSuper Management Pty Ltd Purchases 800 Shares of Healthpeak Properties, Inc. $DOC

UniSuper Management Pty Ltd grew its position in Healthpeak Properties, Inc. (NYSE:DOC) by 0.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 299,054 shares of the real estate investment trust’s stock after purchasing an additional 800 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Healthpeak Properties were worth $6,047,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of DOC. Mercer Global Advisors Inc. ADV boosted its stake in shares of Healthpeak Properties by 29.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 38,379 shares of the real estate investment trust’s stock valued at $778,000 after purchasing an additional 8,726 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Healthpeak Properties by 350.4% in the 4th quarter. Baird Financial Group Inc. now owns 125,124 shares of the real estate investment trust’s stock valued at $2,536,000 after purchasing an additional 97,341 shares during the last quarter. Brevan Howard Capital Management LP boosted its stake in shares of Healthpeak Properties by 66.7% in the 4th quarter. Brevan Howard Capital Management LP now owns 19,031 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 7,616 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Healthpeak Properties by 98.2% in the 4th quarter. Cetera Investment Advisers now owns 207,298 shares of the real estate investment trust’s stock valued at $4,202,000 after purchasing an additional 102,724 shares during the last quarter. Finally, Ethic Inc. boosted its stake in shares of Healthpeak Properties by 56.4% in the 4th quarter. Ethic Inc. now owns 100,503 shares of the real estate investment trust’s stock valued at $2,037,000 after purchasing an additional 36,253 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Stock Up 2.1%

Healthpeak Properties stock opened at $18.37 on Monday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a 12-month low of $16.63 and a 12-month high of $23.26. The firm’s fifty day moving average is $17.75 and its 200 day moving average is $18.23. The company has a market capitalization of $12.77 billion, a PE ratio of 76.56, a PEG ratio of 2.37 and a beta of 1.07.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. The company had revenue of $694.35 million for the quarter, compared to the consensus estimate of $697.14 million. During the same quarter in the previous year, the company earned $0.45 EPS. Healthpeak Properties’s quarterly revenue was down .2% compared to the same quarter last year. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were issued a dividend of $0.1017 per share. The ex-dividend date was Monday, August 18th. This represents a c) annualized dividend and a yield of 6.6%. Healthpeak Properties’s dividend payout ratio is presently 508.33%.

Insiders Place Their Bets

In other Healthpeak Properties news, CEO Scott M. Brinker acquired 2,930 shares of the stock in a transaction on Thursday, July 31st. The shares were purchased at an average price of $17.06 per share, for a total transaction of $49,985.80. Following the completion of the acquisition, the chief executive officer owned 210,416 shares in the company, valued at approximately $3,589,696.96. This represents a 1.41% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired a total of 8,783 shares of company stock worth $150,129 in the last 90 days. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on DOC. Morgan Stanley reduced their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Scotiabank lowered shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the company from $21.00 to $19.00 in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $18.00 price objective (down from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. 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, Robert W. Baird set a $21.00 target price on shares of Healthpeak Properties and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.50.

About Healthpeak Properties

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.