Baird Financial Group Inc. Has $7.05 Million Stock Holdings in Healthpeak Properties, Inc. $DOC

Baird Financial Group Inc. increased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 38.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 402,466 shares of the real estate investment trust’s stock after buying an additional 111,807 shares during the period. Baird Financial Group Inc. owned 0.06% of Healthpeak Properties worth $7,047,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of DOC. Brooklyn Investment Group lifted its position in Healthpeak Properties by 198.9% during the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 873 shares during the last quarter. Dagco Inc. bought a new position in shares of Healthpeak Properties during the first quarter worth approximately $30,000. Elevation Point Wealth Partners LLC bought a new position in shares of Healthpeak Properties during the second quarter worth approximately $32,000. AlphaQuest LLC acquired a new stake in Healthpeak Properties during the 2nd quarter worth approximately $34,000. Finally, Atlantic Union Bankshares Corp bought a new stake in Healthpeak Properties in the 2nd quarter valued at $34,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of NYSE:DOC opened at $16.75 on Tuesday. Healthpeak Properties, Inc. has a 1 year low of $16.63 and a 1 year high of $21.83. The stock has a market capitalization of $11.64 billion, a price-to-earnings ratio of -334.83, a price-to-earnings-growth ratio of 4.32 and a beta of 1.11. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.22 and a quick ratio of 1.22. The company’s 50 day simple moving average is $18.10 and its 200 day simple moving average is $17.86.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $705.87 million during the quarter, compared to analysts’ expectations of $681.65 million. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.The company’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, research analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be paid a $0.1017 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) annualized dividend and a yield of 7.3%. Healthpeak Properties’s dividend payout ratio (DPR) is -2,440.00%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DOC shares. Robert W. Baird lowered their price objective on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Wells Fargo & Company upped their price target on shares of Healthpeak Properties from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Raymond James Financial raised shares of Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Monday, September 15th. Morgan Stanley cut their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Evercore ISI set a $22.00 target price on shares of Healthpeak Properties in a research report on Monday, September 15th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $20.60.

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.