Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Healthpeak Properties, Inc. (NYSE:PEAK) by 76.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,326 shares of the company’s stock after buying an additional 3,600 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Healthpeak Properties were worth $252,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Acadian Asset Management LLC purchased a new stake in Healthpeak Properties in the third quarter worth $59,000. Federated Hermes Inc. grew its stake in Healthpeak Properties by 512.1% in the third quarter. Federated Hermes Inc. now owns 4,866 shares of the company’s stock worth $132,000 after purchasing an additional 4,071 shares during the period. Morgan Stanley grew its stake in Healthpeak Properties by 5.3% in the third quarter. Morgan Stanley now owns 2,624,563 shares of the company’s stock worth $71,259,000 after purchasing an additional 133,114 shares during the period. Nuveen Asset Management LLC grew its stake in Healthpeak Properties by 13.0% in the third quarter. Nuveen Asset Management LLC now owns 7,113,596 shares of the company’s stock worth $193,134,000 after purchasing an additional 816,889 shares during the period. Finally, Lombard Odier Asset Management Europe Ltd purchased a new stake in Healthpeak Properties in the third quarter worth $221,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts recently weighed in on PEAK shares. Wells Fargo & Company cut Healthpeak Properties from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $26.00 to $25.00 in a research note on Thursday, December 10th. Morgan Stanley boosted their target price on Healthpeak Properties from $29.00 to $30.00 and gave the stock an “equal weight” rating in a report on Monday, March 22nd. KeyCorp downgraded Healthpeak Properties from an “overweight” rating to a “sector weight” rating in a report on Monday, December 14th. Capital One Financial raised Healthpeak Properties from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 20th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their target price on Healthpeak Properties from $28.00 to $30.00 in a report on Tuesday, December 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $30.13.
Healthpeak Properties (NYSE:PEAK) last announced its quarterly earnings results on Monday, February 8th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.23. Healthpeak Properties had a return on equity of 4.19% and a net margin of 13.46%. On average, sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.63 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 5th. Stockholders of record on Monday, February 22nd were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date was Friday, February 19th. Healthpeak Properties’s payout ratio is currently 68.18%.
Healthpeak Properties Profile
Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing, designed to provide stability through the inevitable industry cycles.
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