Banco Bilbao Vizcaya Argentaria S.A. Purchases 142,401 Shares of Healthpeak Properties, Inc. $DOC

Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 784.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 160,547 shares of the real estate investment trust’s stock after purchasing an additional 142,401 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Healthpeak Properties were worth $2,811,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Invesco Ltd. grew its holdings in Healthpeak Properties by 20.7% in the 1st quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock valued at $467,311,000 after buying an additional 3,967,830 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Healthpeak Properties by 1.0% in the second quarter. Geode Capital Management LLC now owns 19,071,094 shares of the real estate investment trust’s stock worth $332,625,000 after acquiring an additional 197,540 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Healthpeak Properties by 6.5% during the first 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 acquiring an additional 1,129,924 shares during the period. Centersquare Investment Management LLC raised its stake in 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 valued at $268,642,000 after purchasing an additional 2,070,416 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake 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. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on DOC. Wells Fargo & Company dropped their price objective on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 27th. Raymond James Financial raised Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 target price on the stock in a research report on Monday, September 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $18.00 price target (down from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Scotiabank downgraded Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $21.00 to $19.00 in a research report on Tuesday, July 29th. Finally, Cantor Fitzgerald initiated coverage on Healthpeak Properties in a research report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.82.

Healthpeak Properties Stock Down 0.9%

DOC opened at $17.36 on Monday. The firm has a market cap of $12.06 billion, a price-to-earnings ratio of -347.05, a PEG ratio of 3.84 and a beta of 1.10. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.28 and a current ratio of 1.22. The firm’s 50-day simple moving average is $18.35 and its 200-day simple moving average is $17.83. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $22.71.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results 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. The firm had revenue of $705.87 million for the quarter, compared to analyst estimates of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Equities research analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be given a dividend of $0.1017 per share. The ex-dividend date is Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 7.0%. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

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.