Systematic Financial Management LP Increases Stake in Healthpeak Properties, Inc. $DOC

Key Points

• Systematic Financial Management LP increased its holdings in Healthpeak Properties, Inc. by 3.9%, now owning approximately 1.53 million shares worth about $30.93 million.
• Healthpeak Properties saw multiple institutional investors boost their stakes, with notable increases from First Trust Advisors LP and NewEdge Advisors LLC, contributing to a total institutional ownership of 93.57%.
• The company declared a $0.1017 dividend, representing a yield of 705.0%, with payment scheduled for August 29th.

Systematic Financial Management LP raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 3.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,529,584 shares of the real estate investment trust's stock after buying an additional 57,136 shares during the period. Systematic Financial Management LP owned 0.22% of Healthpeak Properties worth $30,928,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Machina Capital S.A.S. grew its position in shares of Healthpeak Properties by 62.8% in the 1st quarter. Machina Capital S.A.S. now owns 37,160 shares of the real estate investment trust's stock valued at $751,000 after acquiring an additional 14,336 shares during the period. Douglas Lane & Associates LLC raised its position in shares of Healthpeak Properties by 8.5% in the 1st quarter. Douglas Lane & Associates LLC now owns 2,792,850 shares of the real estate investment trust's stock valued at $56,471,000 after buying an additional 218,395 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Healthpeak Properties by 6.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 357,520 shares of the real estate investment trust's stock valued at $7,229,000 after buying an additional 23,135 shares in the last quarter. Ibex Wealth Advisors acquired a new position in shares of Healthpeak Properties in the 1st quarter valued at approximately $5,056,000. Finally, Vert Asset Management LLC increased its position in Healthpeak Properties by 6.9% during the 1st quarter. Vert Asset Management LLC now owns 325,143 shares of the real estate investment trust's stock worth $6,574,000 after purchasing an additional 20,924 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DOC shares. Wells Fargo & Company lowered their price objective on shares of Healthpeak Properties from $20.00 to $18.00 and set an "equal weight" rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $18.00 target price (down from $28.00) on shares of Healthpeak Properties in a research note on Wednesday, August 20th. Scotiabank downgraded shares of Healthpeak Properties from a "sector outperform" rating to a "sector perform" rating and lowered their target price for the company from $21.00 to $19.00 in a report on Tuesday, July 29th. Morgan Stanley decreased their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Finally, Argus reiterated a "buy" rating and set a $25.00 target price on shares of Healthpeak Properties in a research report on Tuesday, April 29th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $21.50.

Insider Transactions at Healthpeak Properties

In other news, CEO Scott M. Brinker bought 1,490 shares of Healthpeak Properties stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average cost of $16.83 per share, with a total value of $25,076.70. Following the acquisition, the chief executive officer owned 211,906 shares of the company's stock, valued at $3,566,377.98. The trade was a 0.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have purchased 8,783 shares of company stock valued at $150,129. Corporate insiders own 0.23% of the company's stock.

Healthpeak Properties Stock Performance

Shares of NYSE DOC traded up $0.36 during midday trading on Wednesday, hitting $17.89. 5,568,297 shares of the company's stock traded hands, compared to its average volume of 6,104,842. Healthpeak Properties, Inc. has a 1 year low of $16.63 and a 1 year high of $23.26. The stock has a market capitalization of $12.43 billion, a price-to-earnings ratio of 74.52, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. 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 firm has a fifty day moving average of $17.64 and a 200 day moving average of $18.34.

Healthpeak Properties (NYSE:DOC - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Healthpeak Properties had a net margin of 5.90% and a return on equity of 1.85%. The firm had revenue of $694.35 million during the quarter, compared to analyst estimates of $697.14 million. During the same quarter in the prior year, the firm earned $0.45 EPS. The business's revenue for the quarter 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 forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, August 29th. Investors of record on Tuesday, August 19th will be issued a $0.1017 dividend. This represents a yield of 705.0%. The ex-dividend date of this dividend is Monday, August 18th. Healthpeak Properties's dividend payout ratio is currently 508.33%.

About Healthpeak Properties

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.