Erste Asset Management GmbH Acquires Shares of 360,200 Healthpeak Properties, Inc. $DOC

Erste Asset Management GmbH acquired a new stake in Healthpeak Properties, Inc. (NYSE:DOC) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 360,200 shares of the real estate investment trust’s stock, valued at approximately $5,785,000.

Other hedge funds have also recently bought and sold shares of the company. WPG Advisers LLC boosted its position in Healthpeak Properties by 270.2% in 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 bought a new position in Healthpeak Properties in the 4th quarter valued at $31,000. Clearstead Advisors LLC boosted its position in Healthpeak Properties by 166.3% in the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,216 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Healthpeak Properties in the 2nd quarter valued at $33,000. Finally, Wiser Advisor Group LLC bought a new position in Healthpeak Properties in the 3rd quarter valued at $38,000. 93.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Healthpeak Properties news, insider Scott R. Bohn sold 10,989 shares of Healthpeak Properties stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total transaction of $213,736.05. Following the completion of the sale, the insider owned 7,636 shares of the company’s stock, valued at approximately $148,520.20. The trade was a 59.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Wells Fargo & Company increased their price objective on Healthpeak Properties from $18.00 to $20.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Citigroup increased their price objective on Healthpeak Properties from $17.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Weiss Ratings upgraded Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their target price on shares of Healthpeak Properties from $20.00 to $21.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $19.38.

Healthpeak Properties Price Performance

DOC opened at $20.48 on Wednesday. The company has a fifty day moving average price of $18.10 and a two-hundred day moving average price of $17.43. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $20.70. The firm has a market capitalization of $14.12 billion, a PE ratio of 64.01, a P/E/G ratio of 3.09 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. The firm had revenue of $752.95 million during the quarter, compared to analyst estimates of $694.59 million. During the same quarter in the previous year, the business earned $0.46 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. As a group, analysts anticipate that Healthpeak Properties, Inc. will post 1.74 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Monday, June 15th. Healthpeak Properties’s payout ratio is currently 381.25%.

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.