Resources Management Corp CT ADV grew its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 1,129.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 86,225 shares of the real estate investment trust’s stock after acquiring an additional 79,210 shares during the quarter. Resources Management Corp CT ADV’s holdings in Healthpeak Properties were worth $1,386,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Advocate Investing Services LLC acquired a new position in Healthpeak Properties during the 4th quarter worth $26,000. WPG Advisers LLC boosted its position in Healthpeak Properties by 270.2% during the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 1,197 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Healthpeak Properties during the 2nd quarter worth $33,000. Clearstead Advisors LLC boosted its position in Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,216 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in Healthpeak Properties during the 4th quarter worth $31,000. Institutional investors and hedge funds own 93.57% of the company’s stock.
Analyst Upgrades and Downgrades
DOC has been the subject of a number of analyst reports. UBS Group boosted their price target on Healthpeak Properties from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Morgan Stanley reiterated an “equal weight” rating and set a $22.00 price target (up from $20.00) on shares of Healthpeak Properties in a research report on Thursday. Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price objective on the stock. in a research note on Monday, May 11th. Wells Fargo & Company boosted their price objective on Healthpeak Properties from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, Weiss Ratings raised Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $19.54.
Healthpeak Properties Stock Down 0.2%
DOC opened at $20.64 on Monday. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $20.82. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96. The stock’s fifty day moving average is $18.34 and its 200-day moving average is $17.49. The company has a market capitalization of $14.23 billion, a PE ratio of 64.51, a P/E/G ratio of 3.24 and a beta of 1.05.
Healthpeak Properties (NYSE:DOC – Get Free Report) last posted its quarterly earnings data 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 return on equity of 2.61% and a net margin of 7.73%.The company had revenue of $752.95 million for the quarter, compared to the consensus estimate of $694.59 million. During the same quarter in the previous year, the business earned $0.46 EPS. The company’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. On average, equities analysts predict that Healthpeak Properties, Inc. will post 1.74 EPS for the current fiscal year.
Healthpeak Properties Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be paid a $0.1017 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, June 15th. Healthpeak Properties’s payout ratio is currently 381.25%.
Insider Activity at Healthpeak Properties
In other news, insider Scott R. Bohn sold 10,989 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total value of $213,736.05. Following 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 filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.23% of the company’s stock.
Healthpeak Properties Company Profile
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.
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