SG Americas Securities LLC Sells 47,360 Shares of Healthpeak Properties, Inc. $DOC

SG Americas Securities LLC decreased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 50.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,895 shares of the real estate investment trust’s stock after selling 47,360 shares during the period. SG Americas Securities LLC’s holdings in Healthpeak Properties were worth $879,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its holdings in Healthpeak Properties by 7.3% in the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 1,231 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Healthpeak Properties by 110.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock valued at $2,463,000 after buying an additional 63,930 shares during the last quarter. Woodline Partners LP increased its position in shares of Healthpeak Properties by 41.3% during the first quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock valued at $1,195,000 after acquiring an additional 17,279 shares in the last quarter. Parallel Advisors LLC raised its holdings in Healthpeak Properties by 8.7% in the 2nd quarter. Parallel Advisors LLC now owns 15,195 shares of the real estate investment trust’s stock worth $266,000 after acquiring an additional 1,215 shares during the last quarter. Finally, Swedbank AB lifted its position in Healthpeak Properties by 16.7% in the 2nd quarter. Swedbank AB now owns 92,610 shares of the real estate investment trust’s stock valued at $1,622,000 after acquiring an additional 13,248 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Trading Up 1.7%

Shares of NYSE:DOC opened at $17.84 on Tuesday. The stock’s 50-day simple moving average is $16.99 and its two-hundred day simple moving average is $17.69. The stock has a market capitalization of $12.40 billion, a price-to-earnings ratio of -356.73, a PEG ratio of 4.50 and a beta of 1.12. Healthpeak Properties, Inc. has a 52-week low of $15.71 and a 52-week high of $21.28. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.22 and a current ratio of 1.22.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. The firm had revenue of $705.87 million during the quarter, compared to analyst estimates of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a $0.1017 dividend. The ex-dividend date is Tuesday, March 17th. This represents a c) annualized dividend and a yield of 6.8%. Healthpeak Properties’s dividend payout ratio (DPR) is presently -2,440.00%.

Wall Street Analyst Weigh In

DOC has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their target price on Healthpeak Properties from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Weiss Ratings downgraded Healthpeak Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Robert W. Baird lowered their target price on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. The Goldman Sachs Group initiated coverage on shares of Healthpeak Properties in a report on Friday, January 9th. They set a “neutral” rating and a $17.00 price target on the stock. Finally, Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a report on Monday, January 5th. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Healthpeak Properties presently has an average rating of “Hold” and a consensus price target of $19.67.

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.