Achmea Investment Management B.V. Reduces Stock Holdings in Healthpeak Properties, Inc. (NYSE:DOC)

Achmea Investment Management B.V. decreased its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 21.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 339,212 shares of the real estate investment trust's stock after selling 92,111 shares during the quarter. Achmea Investment Management B.V.'s holdings in Healthpeak Properties were worth $6,859,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Illinois Municipal Retirement Fund raised its stake in Healthpeak Properties by 131.7% during the first quarter. Illinois Municipal Retirement Fund now owns 514,791 shares of the real estate investment trust's stock valued at $10,409,000 after purchasing an additional 292,630 shares in the last quarter. MFG Wealth Management Inc. raised its stake in Healthpeak Properties by 1.2% during the first quarter. MFG Wealth Management Inc. now owns 125,119 shares of the real estate investment trust's stock valued at $2,530,000 after purchasing an additional 1,496 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Healthpeak Properties by 9.0% during the first quarter. Robeco Institutional Asset Management B.V. now owns 698,940 shares of the real estate investment trust's stock valued at $14,133,000 after purchasing an additional 57,985 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Healthpeak Properties by 11.3% during the first quarter. Sequoia Financial Advisors LLC now owns 89,158 shares of the real estate investment trust's stock valued at $1,803,000 after purchasing an additional 9,019 shares in the last quarter. Finally, S.A. Mason LLC raised its stake in Healthpeak Properties by 160.9% during the first quarter. S.A. Mason LLC now owns 1,500 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 925 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company's stock.

Insiders Place Their Bets

In related news, Director Tommy G. Thompson acquired 5,777 shares of Healthpeak Properties stock in a transaction on Wednesday, May 28th. The stock was bought at an average cost of $17.27 per share, for a total transaction of $99,768.79. Following the completion of the transaction, the director now owns 144,290 shares of the company's stock, valued at approximately $2,491,888.30. The trade was a 4.17% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Scott M. Brinker bought 11,337 shares of the company's stock in a transaction dated Monday, April 28th. The shares were acquired at an average cost of $17.68 per share, with a total value of $200,438.16. Following the acquisition, the chief executive officer now directly owns 201,863 shares of the company's stock, valued at approximately $3,568,937.84. This represents a 5.95% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 29,764 shares of company stock valued at $521,909. Insiders own 0.23% of the company's stock.

Analysts Set New Price Targets

DOC has been the topic of a number of analyst reports. Argus reiterated a "buy" rating and set a $25.00 price objective on shares of Healthpeak Properties in a research report on Tuesday, April 29th. Evercore ISI cut their price objective on shares of Healthpeak Properties from $23.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Wells Fargo & Company cut their price objective on shares of Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Monday, June 2nd. Robert W. Baird cut their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Finally, Wedbush cut their price objective on shares of Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $23.27.

Healthpeak Properties Stock Down 0.8%

NYSE DOC traded down $0.14 during trading on Friday, reaching $17.35. 9,420,687 shares of the company's stock traded hands, compared to its average volume of 5,254,668. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market cap of $12.05 billion, a price-to-earnings ratio of 43.36, a price-to-earnings-growth ratio of 1.98 and a beta of 1.04. The company's 50 day simple moving average is $17.47 and its two-hundred day simple moving average is $19.10. Healthpeak Properties, Inc. has a 12-month low of $16.64 and a 12-month high of $23.26.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts' consensus estimates of $0.46. The business had revenue of $702.89 million for the quarter, compared to the consensus estimate of $690.76 million. Healthpeak Properties had a net margin of 9.99% and a return on equity of 3.06%. The company's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.45 EPS. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th were given a dividend of $0.1017 per share. This represents a yield of 7.05%. The ex-dividend date was Monday, May 19th. Healthpeak Properties's dividend payout ratio is presently 305.00%.

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.