Nomura Holdings Inc. Has $3.52 Million Stake in Healthpeak Properties, Inc. $DOC

Key Points

• Nomura Holdings Inc. raised its stake in Healthpeak Properties by 67.2% during the first quarter, owning 174,274 shares valued at approximately $3.5 million.
• Healthpeak Properties reported a net margin of 5.90% and a return on equity of 1.85%, with revenue of $694.35 million during the last quarter.
• The company declared a monthly dividend of $0.1017, representing a yield of 6.8% but with a payout ratio of 508.33%.

Nomura Holdings Inc. boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 67.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 174,274 shares of the real estate investment trust's stock after acquiring an additional 70,022 shares during the quarter. Nomura Holdings Inc.'s holdings in Healthpeak Properties were worth $3,524,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. TCTC Holdings LLC boosted its position in Healthpeak Properties by 124.3% in the first quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 751 shares in the last quarter. Brooklyn Investment Group boosted its position in Healthpeak Properties by 198.9% in the first quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 873 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in Healthpeak Properties in the first quarter valued at about $30,000. S.A. Mason LLC boosted its position in Healthpeak Properties by 160.9% in 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 buying an additional 925 shares in the last quarter. Finally, Dagco Inc. acquired a new position in Healthpeak Properties in the first quarter valued at about $30,000. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Trading Up 2.1%

NYSE DOC traded up $0.37 during trading hours on Friday, hitting $18.37. The company's stock had a trading volume of 5,903,313 shares, compared to its average volume of 6,199,752. The stock has a fifty day moving average of $17.75 and a 200 day moving average of $18.25. Healthpeak Properties, Inc. has a twelve month low of $16.63 and a twelve month high of $23.26. The firm has a market capitalization of $12.77 billion, a P/E ratio of 76.56, a PEG ratio of 2.37 and a beta of 1.07. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.06.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $694.35 million for the quarter, compared to analyst estimates of $697.14 million. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. Healthpeak Properties's revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were issued a $0.1017 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) dividend on an annualized basis and a yield of 6.6%. Healthpeak Properties's payout ratio is currently 508.33%.

Insider Activity at Healthpeak Properties

In other news, CEO Scott M. Brinker bought 2,930 shares of the company's stock in a transaction dated Thursday, July 31st. The stock was bought at an average cost of $17.06 per share, for a total transaction of $49,985.80. Following the transaction, the chief executive officer owned 210,416 shares of the company's stock, valued at $3,589,696.96. This represents a 1.41% 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 ninety days, insiders have purchased 8,783 shares of company stock valued at $150,129. 0.23% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Wall Street Zen lowered shares of Healthpeak Properties from a "hold" rating to a "sell" rating in a research report on Monday, July 7th. Robert W. Baird set a $21.00 price target on shares of Healthpeak Properties and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Wells Fargo & Company decreased their price target on shares of Healthpeak Properties from $20.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 27th. Morgan Stanley decreased their price target on shares of Healthpeak Properties from $22.00 to $21.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued 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. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $21.50.

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.