Robeco Institutional Asset Management B.V. Grows Position in Healthpeak Properties, Inc. $DOC

Key Points

• Robeco Institutional Asset Management B.V. increased its holdings in Healthpeak Properties, Inc. by 26.0% in Q2, owning a total of 880,351 shares worth approximately $15.4 million as reported to the SEC.
• Analysts have set a consensus price target of $21.33 for Healthpeak Properties, with recent ratings ranging from "Buy" to "Hold" from various brokerages.
• Healthpeak Properties recently announced a monthly dividend of $0.1017 per share, yielding around 6.3%, despite a high dividend payout ratio of 508.33%.

Robeco Institutional Asset Management B.V. grew its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 26.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 880,351 shares of the real estate investment trust's stock after acquiring an additional 181,411 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.13% of Healthpeak Properties worth $15,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of DOC. Brooklyn Investment Group increased 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 worth $27,000 after purchasing an additional 873 shares during the last quarter. TCTC Holdings LLC increased its holdings in shares of Healthpeak Properties by 124.3% in the 1st quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust's stock worth $27,000 after buying an additional 751 shares during the last quarter. S.A. Mason LLC raised its position 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 valued at $30,000 after buying an additional 925 shares in the last quarter. Dagco Inc. bought a new position in shares of Healthpeak Properties in the 1st quarter valued at about $30,000. Finally, GKV Capital Management Co. Inc. bought a new position in shares of Healthpeak Properties in the 1st quarter valued at about $36,000. 93.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on DOC. Morgan Stanley decreased their price objective on Healthpeak Properties from $22.00 to $21.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Robert W. Baird set a $21.00 price target on Healthpeak Properties and gave the company an "outperform" rating in a report on Wednesday, July 30th. Scotiabank lowered shares of Healthpeak Properties from a "sector outperform" rating to a "sector perform" rating and dropped their price objective for the stock from $21.00 to $19.00 in a research note on Tuesday, July 29th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Healthpeak Properties in a research report on Saturday, September 27th. Finally, Evercore ISI set a $22.00 target price on shares of Healthpeak Properties in a report on Monday, September 15th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $21.33.

Insider Buying and Selling at Healthpeak Properties

In related news, CEO Scott M. Brinker purchased 1,490 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was purchased at an average price of $16.83 per share, with a total value of $25,076.70. Following the completion of the purchase, the chief executive officer owned 211,906 shares of the company's stock, valued at approximately $3,566,377.98. The trade was a 0.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have purchased a total of 8,783 shares of company stock worth $150,129 over the last ninety days. Insiders own 0.23% of the company's stock.

Healthpeak Properties Price Performance

DOC opened at $19.39 on Friday. The business has a fifty day moving average of $17.86 and a 200 day moving average of $18.01. The stock has a market cap of $13.47 billion, a P/E ratio of 80.77, a PEG ratio of 2.50 and a beta of 1.09. 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, Inc. has a 52-week low of $16.63 and a 52-week high of $23.26.

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

Healthpeak Properties Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were given a dividend of $0.1017 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. Healthpeak Properties's dividend payout ratio (DPR) is 508.33%.

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.

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