BNP Paribas Financial Markets Grows Stake in Healthpeak Properties, Inc. $DOC

BNP Paribas Financial Markets boosted its position in Healthpeak Properties, Inc. (NYSE:DOC) by 25.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,663,762 shares of the real estate investment trust’s stock after purchasing an additional 334,137 shares during the period. BNP Paribas Financial Markets’ holdings in Healthpeak Properties were worth $26,753,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in Healthpeak Properties in the 4th quarter valued at approximately $153,550,000. Eurizon Capital SGR S.p.A. purchased a new position in Healthpeak Properties in the 4th quarter valued at approximately $5,185,000. National Pension Service increased its position in Healthpeak Properties by 87.0% during the fourth quarter. National Pension Service now owns 57,294 shares of the real estate investment trust’s stock worth $921,000 after buying an additional 26,659 shares in the last quarter. Geode Capital Management LLC increased its position in Healthpeak Properties by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 19,534,041 shares of the real estate investment trust’s stock worth $312,959,000 after buying an additional 123,274 shares in the last quarter. Finally, Arvest Bank Trust Division purchased a new position in Healthpeak Properties during the fourth quarter worth $583,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Scott R. Bohn sold 10,989 shares of Healthpeak Properties stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total value of $213,736.05. Following the transaction, the insider owned 7,636 shares in the company, valued at approximately $148,520.20. This trade represents a 59.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on DOC shares. Royal Bank Of Canada raised their price target on Healthpeak Properties from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Evercore downgraded Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target for the company. in a research report on Monday, May 11th. Robert W. Baird raised their price target on Healthpeak Properties from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Wells Fargo & Company raised their price target on Healthpeak Properties from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Citigroup raised their price target on Healthpeak Properties from $17.50 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Healthpeak Properties has a consensus rating of “Hold” and an average price target of $19.38.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $19.59 on Friday. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $20.27. The company has a market cap of $13.51 billion, a P/E ratio of 61.22, a P/E/G ratio of 2.98 and a beta of 1.05. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.15. The business has a fifty day simple moving average of $17.90 and a 200-day simple moving average of $17.37.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share 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 firm had revenue of $752.95 million for the quarter, compared to analysts’ expectations of $694.59 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.74 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 15th will be issued a $0.1017 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.2%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 381.25%.

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.