Tudor Investment Corp Et Al Invests $9.13 Million in Healthpeak Properties, Inc. (NYSE:PEAK)
Tudor Investment Corp Et Al acquired a new stake in Healthpeak Properties, Inc. (NYSE:PEAK – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 454,429 shares of the company’s stock, valued at approximately $9,134,000. Tudor Investment Corp Et Al owned 0.08% of Healthpeak Properties at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of PEAK. CENTRAL TRUST Co boosted its holdings in Healthpeak Properties by 321.3% during the 3rd quarter. CENTRAL TRUST Co now owns 1,226 shares of the company’s stock valued at $28,000 after acquiring an additional 935 shares during the period. Certified Advisory Corp purchased a new position in Healthpeak Properties in the 1st quarter valued at approximately $33,000. First Horizon Advisors Inc. grew its stake in shares of Healthpeak Properties by 83.1% in the first quarter. First Horizon Advisors Inc. now owns 1,652 shares of the company’s stock worth $36,000 after acquiring an additional 750 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in shares of Healthpeak Properties in the first quarter worth $38,000. Finally, CVA Family Office LLC increased its position in shares of Healthpeak Properties by 190.5% during the second quarter. CVA Family Office LLC now owns 1,891 shares of the company’s stock worth $38,000 after acquiring an additional 1,240 shares during the period. Institutional investors and hedge funds own 92.55% of the company’s stock.
Healthpeak Properties Trading Down 0.1 %
PEAK opened at $18.75 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.95. Healthpeak Properties, Inc. has a 52 week low of $15.24 and a 52 week high of $28.43. The business’s 50 day moving average is $17.02 and its two-hundred day moving average is $19.25. The firm has a market cap of $10.26 billion, a price-to-earnings ratio of 42.61, a price-to-earnings-growth ratio of 8.56 and a beta of 1.00.
Healthpeak Properties (NYSE:PEAK – Get Free Report) last released its quarterly earnings results on Monday, October 30th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.32). Healthpeak Properties had a net margin of 11.17% and a return on equity of 3.38%. The business had revenue of $556.20 million during the quarter, compared to analysts’ expectations of $543.57 million. During the same quarter last year, the company earned $0.43 EPS. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, research analysts predict that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.
Healthpeak Properties Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Tuesday, November 7th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date of this dividend was Monday, November 6th. Healthpeak Properties’s dividend payout ratio is currently 272.73%.
Wall Street Analyst Weigh In
Several brokerages have weighed in on PEAK. Bank of America downgraded Healthpeak Properties from a “neutral” rating to an “underperform” rating and set a $17.50 price target on the stock. in a report on Monday, November 13th. BNP Paribas assumed coverage on shares of Healthpeak Properties in a report on Wednesday, October 11th. They issued an “underperform” rating and a $18.00 target price on the stock. Morgan Stanley lowered their price target on shares of Healthpeak Properties from $25.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, September 7th. Wedbush restated a “neutral” rating and issued a $19.00 price objective on shares of Healthpeak Properties in a report on Tuesday, October 31st. Finally, Scotiabank lowered their target price on shares of Healthpeak Properties from $22.00 to $20.00 and set a “sector perform” rating for the company in a research note on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Healthpeak Properties presently has an average rating of “Hold” and an average target price of $23.88.
Get Our Latest Stock Report on Healthpeak Properties
Healthpeak Properties Profile (Free Report)
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.
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