Bayforest Capital Ltd Acquires Shares of 25,221 Healthpeak Properties, Inc. $DOC

Bayforest Capital Ltd bought a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 25,221 shares of the real estate investment trust’s stock, valued at approximately $442,000.

A number of other large investors also recently modified their holdings of DOC. Fifth Third Wealth Advisors LLC raised its position in Healthpeak Properties by 2.4% in the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 22,811 shares of the real estate investment trust’s stock worth $399,000 after purchasing an additional 543 shares during the last quarter. Applied Finance Capital Management LLC increased its stake in shares of Healthpeak Properties by 3.4% in the 1st quarter. Applied Finance Capital Management LLC now owns 17,648 shares of the real estate investment trust’s stock valued at $357,000 after buying an additional 577 shares during the period. AssuredPartners Investment Advisors LLC raised its position in shares of Healthpeak Properties by 3.1% during the first quarter. AssuredPartners Investment Advisors LLC now owns 22,088 shares of the real estate investment trust’s stock worth $447,000 after acquiring an additional 666 shares during the last quarter. LRI Investments LLC lifted its stake in shares of Healthpeak Properties by 18.4% during the second quarter. LRI Investments LLC now owns 4,481 shares of the real estate investment trust’s stock valued at $78,000 after acquiring an additional 697 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Healthpeak Properties by 4.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 18,146 shares of the real estate investment trust’s stock valued at $367,000 after acquiring an additional 722 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Trading Up 1.1%

NYSE DOC opened at $18.16 on Wednesday. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $23.26. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $12.62 billion, a P/E ratio of 75.69, a P/E/G ratio of 3.06 and a beta of 1.09. The stock’s 50-day moving average is $18.07 and its 200-day moving average is $17.93.

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

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be given a $0.1017 dividend. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, December 19th. Healthpeak Properties’s payout ratio is currently 508.33%.

Wall Street Analysts Forecast Growth

DOC has been the subject of several recent research reports. Scotiabank cut Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $18.00 target price (down previously from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Robert W. Baird set a $21.00 price target on Healthpeak Properties and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Cantor Fitzgerald initiated coverage on shares of Healthpeak Properties in a research note on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Healthpeak Properties in a report on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and a consensus price target of $21.33.

Insiders Place Their Bets

In other news, CEO Scott M. Brinker bought 2,930 shares of the stock in a transaction on Thursday, July 31st. The stock was purchased at an average price of $17.06 per share, for a total transaction of $49,985.80. Following the acquisition, the chief executive officer owned 210,416 shares in the company, valued at approximately $3,589,696.96. This trade represents a 1.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last three months, insiders have acquired 8,783 shares of company stock valued at $150,129. 0.23% of the stock is currently owned by corporate 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.