Pensionfund DSM Netherlands Sells 20,000 Shares of Healthpeak Properties, Inc. $DOC

Key Points

• Pensionfund DSM Netherlands has decreased its stake in Healthpeak Properties, Inc. by 8.9%, now holding 205,473 shares valued at approximately $4.16 million.
• CEO Scott M. Brinker recently bought 2,930 shares of the company, increasing his total ownership to 210,416 shares worth around $3.59 million.
• Healthpeak Properties reported a net margin of 5.90% and a PE ratio of 75.44, with recent quarterly earnings meeting analyst estimates at $0.46 per share.

Pensionfund DSM Netherlands decreased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 8.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 205,473 shares of the real estate investment trust's stock after selling 20,000 shares during the period. Healthpeak Properties makes up 2.7% of Pensionfund DSM Netherlands' holdings, making the stock its 11th biggest position. Pensionfund DSM Netherlands' holdings in Healthpeak Properties were worth $4,155,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. TCTC Holdings LLC grew its holdings in shares of Healthpeak Properties by 124.3% during the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 751 shares in the last quarter. Brooklyn Investment Group grew its holdings in shares of Healthpeak Properties by 198.9% during the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 873 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Healthpeak Properties during the 1st quarter worth $30,000. S.A. Mason LLC grew its holdings in shares of Healthpeak Properties by 160.9% during the 1st quarter. S.A. Mason LLC now owns 1,500 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Finally, Dagco Inc. acquired a new stake in shares of Healthpeak Properties during the 1st quarter worth $30,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DOC shares. Scotiabank lowered Healthpeak Properties from a "sector outperform" rating to a "sector perform" rating and reduced their target price for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Evercore ISI set a $22.00 price objective on Healthpeak Properties in a research note on Monday. Wall Street Zen lowered Healthpeak Properties from a "hold" rating to a "sell" rating in a research note on Monday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $18.00 target price (down from $28.00) on shares of Healthpeak Properties in a research report on Wednesday, August 20th. Finally, Morgan Stanley dropped their target price on Healthpeak Properties from $22.00 to $21.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $21.45.

Healthpeak Properties Trading Up 2.0%

Shares of DOC traded up $0.37 during mid-day trading on Thursday, reaching $18.58. 2,026,770 shares of the company were exchanged, compared to its average volume of 6,069,179. Healthpeak Properties, Inc. has a 52 week low of $16.63 and a 52 week high of $23.26. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $12.91 billion, a PE ratio of 77.37, a PEG ratio of 2.35 and a beta of 1.07. The business has a 50 day simple moving average of $17.76 and a two-hundred day simple moving average of $18.15.

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

Healthpeak Properties Dividend Announcement

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

Insiders Place Their Bets

In other Healthpeak Properties news, CEO Scott M. Brinker bought 1,490 shares of the stock in a transaction on Monday, August 4th. The stock was acquired at an average cost of $16.83 per share, for a total transaction of $25,076.70. Following the completion of the acquisition, the chief executive officer owned 211,906 shares in the company, valued at $3,566,377.98. This trade represents a 0.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders purchased 8,783 shares of company stock valued at $150,129 in the last ninety days. Insiders own 0.23% of the company's stock.

Healthpeak Properties Company 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.