Swedbank AB Raises Stake in Healthpeak Properties, Inc. $DOC

Swedbank AB raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 71.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 159,215 shares of the real estate investment trust’s stock after acquiring an additional 66,605 shares during the period. Swedbank AB’s holdings in Healthpeak Properties were worth $3,049,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Sound Income Strategies LLC acquired a new position in shares of Healthpeak Properties during the 3rd quarter valued at about $28,000. Rexford Capital Inc. purchased a new stake in Healthpeak Properties in the second quarter valued at approximately $28,000. GKV Capital Management Co. Inc. purchased a new stake in Healthpeak Properties in the first quarter valued at approximately $36,000. Elevation Point Wealth Partners LLC acquired a new position in Healthpeak Properties during the second quarter worth approximately $32,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Healthpeak Properties during the second quarter worth approximately $33,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $16.11 on Friday. Healthpeak Properties, Inc. has a 52 week low of $15.71 and a 52 week high of $21.28. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.11. The stock has a market cap of $11.19 billion, a P/E ratio of -322.04, a price-to-earnings-growth ratio of 4.08 and a beta of 1.11. The stock has a 50 day moving average of $17.42 and a 200-day moving average of $17.77.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The business had revenue of $705.87 million for the quarter, compared to analysts’ expectations of $681.65 million. During the same quarter last year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up .8% compared to the same quarter last year. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. On average, analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, December 19th. Healthpeak Properties’s dividend payout ratio is presently -2,440.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Robert W. Baird cut their price objective on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th. Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and cut their price target for the company from $21.00 to $17.00 in a report on Monday, December 15th. Raymond James Financial raised shares of Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Monday, September 15th. Weiss Ratings reissued a “hold (c-)” rating on shares of Healthpeak Properties in a research report on Monday, December 22nd. Finally, Wells Fargo & Company raised their target price on shares of Healthpeak Properties from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Moderate Buy” and a consensus target price of $20.18.

About Healthpeak Properties

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.