Lightrock Netherlands B.V. Buys 119,188 Shares of Healthpeak Properties, Inc. (NYSE:DOC)

Lightrock Netherlands B.V. grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 42.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 398,471 shares of the real estate investment trust's stock after acquiring an additional 119,188 shares during the quarter. Healthpeak Properties accounts for 2.1% of Lightrock Netherlands B.V.'s portfolio, making the stock its 24th largest holding. Lightrock Netherlands B.V. owned approximately 0.06% of Healthpeak Properties worth $8,071,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Mizuho Bank Ltd. bought a new stake in shares of Healthpeak Properties in the fourth quarter valued at approximately $28,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Healthpeak Properties in the fourth quarter valued at approximately $30,000. Future Financial Wealth Managment LLC bought a new stake in shares of Healthpeak Properties in the first quarter valued at approximately $30,000. S.A. Mason LLC boosted its position in shares of 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 acquiring an additional 925 shares during the period. Finally, Covestor Ltd boosted its position in shares of Healthpeak Properties by 173.8% in the fourth quarter. Covestor Ltd now owns 1,815 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 1,152 shares during the period. 93.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DOC. Wells Fargo & Company reduced their target price on Healthpeak Properties from $22.00 to $20.00 and set an "equal weight" rating for the company in a research report on Monday, June 2nd. Wall Street Zen upgraded Healthpeak Properties from a "sell" rating to a "hold" rating in a research note on Sunday, June 29th. Argus reiterated a "buy" rating and issued a $25.00 price target on shares of Healthpeak Properties in a report on Tuesday, April 29th. Robert W. Baird decreased their price target on Healthpeak Properties from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Finally, Scotiabank reduced their target price on Healthpeak Properties from $23.00 to $21.00 and set a "sector outperform" rating on the stock in a report on Monday, May 12th. 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 data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $23.27.

Insider Activity

In other news, CEO Scott M. Brinker bought 11,337 shares of the company's stock in a transaction that occurred on Monday, April 28th. The shares were acquired at an average price of $17.68 per share, with a total value of $200,438.16. Following the transaction, the chief executive officer owned 201,863 shares in the company, valued at $3,568,937.84. This represents a 5.95% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Tommy G. Thompson bought 5,777 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The stock was purchased at an average cost of $17.27 per share, for a total transaction of $99,768.79. Following the transaction, the director owned 144,290 shares in the company, valued at $2,491,888.30. The trade was a 4.17% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 29,764 shares of company stock worth $521,909 in the last 90 days. Corporate insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Down 0.4%

Shares of NYSE:DOC traded down $0.07 during trading on Friday, hitting $18.25. 5,546,828 shares of the company's stock traded hands, compared to its average volume of 5,331,883. Healthpeak Properties, Inc. has a 52 week low of $16.64 and a 52 week high of $23.26. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.01. The company has a market cap of $12.68 billion, a price-to-earnings ratio of 45.61, a price-to-earnings-growth ratio of 2.08 and a beta of 1.03. The company has a 50-day moving average price of $17.42 and a 200-day moving average price of $19.02.

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

Healthpeak Properties Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th were issued a dividend of $0.1017 per share. This represents a dividend yield of 7.05%. The ex-dividend date of this dividend was Monday, May 19th. Healthpeak Properties's dividend payout ratio (DPR) 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.