Chicago Partners Investment Group LLC Invests $205,000 in Healthpeak Properties, Inc. $DOC

Chicago Partners Investment Group LLC acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,773 shares of the real estate investment trust’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DOC. TCTC Holdings LLC grew its holdings in Healthpeak Properties by 124.3% in the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 751 shares in the last quarter. Brooklyn Investment Group grew its holdings in Healthpeak Properties by 198.9% in the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 873 shares in the last quarter. Dagco Inc. bought a new position in Healthpeak Properties in the 1st quarter worth approximately $30,000. GKV Capital Management Co. Inc. bought a new position in Healthpeak Properties in the 1st quarter worth approximately $36,000. Finally, Larson Financial Group LLC grew its holdings in Healthpeak Properties by 120.6% in the 1st quarter. Larson Financial Group LLC now owns 1,873 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 1,024 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

Insider Activity at Healthpeak Properties

In related news, CEO Scott M. Brinker acquired 1,490 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was bought at an average price of $16.83 per share, for a total transaction of $25,076.70. Following the transaction, the chief executive officer 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders acquired 8,783 shares of company stock worth $150,129. 0.23% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DOC has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $18.00 price objective (down from $28.00) on shares of Healthpeak Properties in a report on Wednesday, August 20th. Morgan Stanley decreased their price objective on Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Scotiabank lowered Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the company from $21.00 to $19.00 in a research note on Tuesday, July 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Healthpeak Properties in a research note on Friday. Finally, Wall Street Zen lowered Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Monday, July 7th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $21.33.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $18.75 on Friday. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $23.12. The stock has a fifty day moving average of $18.32 and a 200-day moving average of $17.91. The company has a market capitalization of $13.03 billion, a PE ratio of -374.95, a price-to-earnings-growth ratio of 3.20 and a beta of 1.09. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.28 and a current ratio of 1.28.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. Healthpeak Properties had a negative return on equity of 0.43% and a negative net margin of 1.36%.The company had revenue of $705.87 million during the quarter, compared to the consensus estimate of $681.65 million. During the same quarter in the prior year, the firm earned $0.45 EPS. The company’s quarterly revenue was up .8% compared to the same quarter last year. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, equities analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS 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. Stockholders of record on Friday, December 19th will be given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, December 19th. Healthpeak Properties’s dividend payout ratio is 508.33%.

About Healthpeak Properties

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.