Voya Investment Management LLC Buys 50,673 Shares of Healthpeak Properties, Inc. $DOC

Voya Investment Management LLC increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 19.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 305,147 shares of the real estate investment trust’s stock after buying an additional 50,673 shares during the quarter. Voya Investment Management LLC’s holdings in Healthpeak Properties were worth $6,170,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Invesco Ltd. raised its stake in Healthpeak Properties by 20.7% during the first quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock worth $467,311,000 after acquiring an additional 3,967,830 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Healthpeak Properties by 6.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 18,397,841 shares of the real estate investment trust’s stock worth $372,004,000 after purchasing an additional 1,129,924 shares during the last quarter. Centersquare Investment Management LLC increased its position in shares of Healthpeak Properties by 18.5% during the 1st quarter. Centersquare Investment Management LLC now owns 13,285,932 shares of the real estate investment trust’s stock worth $268,642,000 after purchasing an additional 2,070,416 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Healthpeak Properties by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,392,052 shares of the real estate investment trust’s stock valued at $210,126,000 after purchasing an additional 76,978 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Healthpeak Properties by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 10,238,001 shares of the real estate investment trust’s stock valued at $207,012,000 after buying an additional 84,551 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 0.1%

Shares of NYSE:DOC opened at $18.21 on Thursday. 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 cap of $12.65 billion, a price-to-earnings ratio of 75.86, a P/E/G ratio of 2.35 and a beta of 1.07. The company has a 50 day moving average of $17.76 and a 200-day moving average of $18.15. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $23.26.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts’ consensus estimates of $0.46. The firm had revenue of $694.35 million during 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 business’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently announced 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) annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Monday, August 18th. Healthpeak Properties’s payout ratio is presently 508.33%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DOC. Evercore ISI set a $22.00 price objective on shares of Healthpeak Properties in a report on Monday. Scotiabank cut Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the company from $21.00 to $19.00 in a report on Tuesday, July 29th. Wells Fargo & Company reduced their price objective on Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $18.00 target price (down from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Finally, Morgan Stanley reduced their price target on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average target price of $21.45.

Insider Activity at Healthpeak Properties

In other news, CEO Scott M. Brinker purchased 1,490 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were acquired at an average cost of $16.83 per share, for a total transaction of $25,076.70. Following the transaction, the chief executive officer directly owned 211,906 shares of the company’s stock, valued at approximately $3,566,377.98. The trade was a 0.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders bought 8,783 shares of company stock valued at $150,129. Corporate insiders own 0.23% of the company’s stock.

Healthpeak Properties 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.