Inspire Investing LLC Has $312,000 Stock Holdings in Healthpeak Properties, Inc. $DOC

Inspire Investing LLC increased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 20.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,414 shares of the real estate investment trust’s stock after buying an additional 2,599 shares during the quarter. Inspire Investing LLC’s holdings in Healthpeak Properties were worth $312,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Machina Capital S.A.S. lifted its holdings in shares of Healthpeak Properties by 62.8% in the first quarter. Machina Capital S.A.S. now owns 37,160 shares of the real estate investment trust’s stock worth $751,000 after acquiring an additional 14,336 shares during the last quarter. Douglas Lane & Associates LLC increased its position in Healthpeak Properties by 8.5% during the 1st quarter. Douglas Lane & Associates LLC now owns 2,792,850 shares of the real estate investment trust’s stock worth $56,471,000 after purchasing an additional 218,395 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Healthpeak Properties by 6.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 357,520 shares of the real estate investment trust’s stock valued at $7,229,000 after acquiring an additional 23,135 shares during the last quarter. Ibex Wealth Advisors bought a new position in Healthpeak Properties in the first quarter valued at about $5,056,000. Finally, Vert Asset Management LLC boosted its position in Healthpeak Properties by 6.9% during the 1st quarter. Vert Asset Management LLC now owns 325,143 shares of the real estate investment trust’s stock worth $6,574,000 after buying an additional 20,924 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on DOC. Robert W. Baird set a $21.00 price target on Healthpeak Properties and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Evercore ISI set a $22.00 target price on shares of Healthpeak Properties in a research report on Monday. Wells Fargo & Company reduced their price target on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $18.00 price objective (down previously from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Finally, Wall Street Zen downgraded Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Monday, July 7th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average price target of $21.45.

Insider Buying and Selling at Healthpeak Properties

In other news, CEO Scott M. Brinker acquired 2,930 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was bought at an average price of $17.06 per share, with a total value of $49,985.80. Following the acquisition, the chief executive officer owned 210,416 shares in the company, valued at $3,589,696.96. The trade was a 1.41% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders acquired 8,783 shares of company stock worth $150,129. 0.23% of the stock is currently owned by corporate insiders.

Healthpeak Properties Trading Down 0.1%

NYSE DOC opened at $18.21 on Thursday. The business’s fifty day moving average is $17.76 and its 200-day moving average is $18.15. 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 stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 75.86, a PEG ratio of 2.35 and a beta of 1.07. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $23.26.

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

Healthpeak Properties Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Monday, August 18th. Healthpeak Properties’s dividend payout ratio is currently 508.33%.

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.