Nordea Investment Management AB Has $1.22 Million Stock Holdings in Healthpeak Properties, Inc. $DOC

Nordea Investment Management AB decreased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 98.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,127 shares of the real estate investment trust’s stock after selling 3,859,078 shares during the period. Nordea Investment Management AB’s holdings in Healthpeak Properties were worth $1,218,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bayforest Capital Ltd bought a new position in shares of Healthpeak Properties during the second quarter valued at $442,000. Northside Capital Management LLC bought a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $6,123,000. Vanderbilt University acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth about $1,263,000. Baird Financial Group Inc. lifted its holdings in Healthpeak Properties by 38.5% during the 2nd quarter. Baird Financial Group Inc. now owns 402,466 shares of the real estate investment trust’s stock valued at $7,047,000 after purchasing an additional 111,807 shares during the last quarter. Finally, Trust Co. of Toledo NA OH boosted its position in Healthpeak Properties by 8,859.2% in the third quarter. Trust Co. of Toledo NA OH now owns 82,425 shares of the real estate investment trust’s stock valued at $1,578,000 after buying an additional 81,505 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on DOC. The Goldman Sachs Group initiated coverage on shares of Healthpeak Properties in a research report on Friday, January 9th. They set a “neutral” rating and a $17.00 price objective for the company. 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. Robert W. Baird lowered their price target on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th. Weiss Ratings cut Healthpeak Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Finally, Cantor Fitzgerald set a $17.00 target price on Healthpeak Properties in a research report on Monday, January 5th. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $19.67.

Healthpeak Properties Price Performance

NYSE:DOC opened at $17.84 on Tuesday. Healthpeak Properties, Inc. has a 52 week low of $15.71 and a 52 week high of $21.28. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of -356.73, a P/E/G ratio of 4.50 and a beta of 1.12. The firm’s 50-day simple moving average is $16.99 and its 200 day simple moving average is $17.69. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.22 and a current ratio of 1.22.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The firm had revenue of $705.87 million during the quarter, compared to the consensus estimate of $681.65 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The business’s revenue for the quarter 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, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s payout ratio is -2,440.00%.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.