Valeo Financial Advisors LLC Has $281,000 Holdings in Healthpeak Properties, Inc. $DOC

Valeo Financial Advisors LLC lessened its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 19.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,037 shares of the real estate investment trust’s stock after selling 3,895 shares during the period. Valeo Financial Advisors LLC’s holdings in Healthpeak Properties were worth $281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. DAVENPORT & Co LLC raised its holdings in shares of Healthpeak Properties by 13.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 625,394 shares of the real estate investment trust’s stock worth $10,951,000 after acquiring an additional 75,853 shares during the last quarter. Measured Risk Portfolios Inc. raised its holdings in shares of Healthpeak Properties by 8.6% in the 2nd quarter. Measured Risk Portfolios Inc. now owns 94,228 shares of the real estate investment trust’s stock worth $1,650,000 after acquiring an additional 7,449 shares during the last quarter. ASR Vermogensbeheer N.V. raised its holdings in shares of Healthpeak Properties by 3.2% in the 2nd quarter. ASR Vermogensbeheer N.V. now owns 135,740 shares of the real estate investment trust’s stock worth $2,376,000 after acquiring an additional 4,237 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Healthpeak Properties by 26.0% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 880,351 shares of the real estate investment trust’s stock worth $15,415,000 after acquiring an additional 181,411 shares during the last quarter. Finally, Woodward Diversified Capital LLC acquired a new stake in shares of Healthpeak Properties in the 2nd quarter worth about $189,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DOC shares. Scotiabank downgraded shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $21.00 to $19.00 in a research report on Tuesday, July 29th. Robert W. Baird set a $21.00 price objective on shares of Healthpeak Properties and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Wells Fargo & Company reduced their price objective on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 27th. Cantor Fitzgerald started coverage on shares of Healthpeak Properties in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $20.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Healthpeak Properties Stock Down 2.1%

DOC opened at $18.46 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.06. The stock has a market cap of $12.82 billion, a price-to-earnings ratio of 76.90, a PEG ratio of 3.21 and a beta of 1.09. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $23.26. The company’s 50-day moving average price is $18.00 and its two-hundred day moving average price is $17.99.

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

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th will be paid a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Friday, December 19th. Healthpeak Properties’s payout ratio is presently 508.33%.

Insiders Place Their Bets

In related news, CEO Scott M. Brinker bought 2,930 shares of the company’s stock in a transaction on Thursday, July 31st. The shares were purchased at an average cost of $17.06 per share, for a total transaction of $49,985.80. Following the completion of the purchase, the chief executive officer directly owned 210,416 shares in the company, valued at $3,589,696.96. The trade was a 1.41% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have bought 8,783 shares of company stock valued at $150,129 in the last 90 days. 0.23% of the stock is owned by insiders.

Healthpeak Properties Company 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.