Healthpeak Properties, Inc. $DOC Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio cut its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 13.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,001,076 shares of the real estate investment trust’s stock after selling 159,370 shares during the period. Public Employees Retirement System of Ohio’s holdings in Healthpeak Properties were worth $16,448,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Advocate Investing Services LLC purchased a new stake in Healthpeak Properties during the 4th quarter worth about $26,000. WPG Advisers LLC raised its position in Healthpeak Properties by 270.2% in the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,197 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Healthpeak Properties in the 2nd quarter valued at about $33,000. Clearstead Advisors LLC boosted its stake in shares of Healthpeak Properties by 166.3% in the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,216 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in shares of Healthpeak Properties during the fourth quarter worth about $31,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Healthpeak Properties news, insider Scott R. Bohn sold 10,989 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total value of $213,736.05. Following the transaction, the insider directly owned 7,636 shares in the company, valued at $148,520.20. This represents a 59.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.23% of the stock is owned by corporate insiders.

Healthpeak Properties Trading Up 1.0%

NYSE:DOC opened at $22.29 on Friday. The stock has a 50-day simple moving average of $20.74 and a 200-day simple moving average of $18.45. The stock has a market cap of $15.37 billion, a P/E ratio of 69.67, a P/E/G ratio of 3.46 and a beta of 1.02. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year high of $22.77. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The business had revenue of $752.95 million for the quarter, compared to the consensus estimate of $694.59 million. During the same quarter in the prior year, the business posted $0.46 EPS. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. As a group, analysts anticipate that Healthpeak Properties, Inc. will post 1.75 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 14th will be issued a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio is 381.25%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DOC. Wells Fargo & Company upped their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Barclays began coverage on shares of Healthpeak Properties in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 price target for the company. Mizuho boosted their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Citigroup increased their price objective on shares of Healthpeak Properties from $17.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Finally, Scotiabank raised their price objective on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Wednesday, May 27th. Four investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $20.62.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.