Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and CCRCs. Healthpeak pairs its deep understanding of the healthcare real estate market with a strong vision for long-term growth.
Company profile
Ticker
PEAK
Exchange
Website
CEO
Thomas Herzog
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HCP, INC., HEALTH CARE PROPERTY INVESTORS INC
SEC CIK
Corporate docs
Subsidiaries
100 Discovery Park DE, LLC • 424 Summit Property, LLC • 557 Highland, LLC • 700 Broadway MOB, LLC • Abingdon AL Investors, LLC • AHP of Nevada, LLC • AHP of Washington, Inc. • Annapolis Assisted Living, LLC • ARC Richmond Place Real Estate Holdings, LLC • Arlington Heights MOB, LLC ...
IRS number
330091377
PEAK stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
10 May 23
8-K
Healthpeak Prices Add-On Offering of $350 Million of 5.250% Senior Unsecured Notes due 2032
2 May 23
424B5
Prospectus supplement for primary offering
2 May 23
FWP
Free writing prospectus
1 May 23
424B5
Prospectus supplement for primary offering
1 May 23
S-8
Registration of securities for employees
28 Apr 23
10-Q
2023 Q1
Quarterly report
28 Apr 23
8-K
Departure of Directors or Certain Officers
27 Apr 23
8-K
Healthpeak Properties Reports First Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock
27 Apr 23
ARS
2022 FY
Annual report to shareholders
17 Mar 23
Transcripts
PEAK
Earnings call transcript
2023 Q1
28 Apr 23
PEAK
Earnings call transcript
2022 Q4
8 Feb 23
PEAK
Earnings call transcript
2022 Q3
2 Nov 22
PEAK
Earnings call transcript
2022 Q2
3 Aug 22
PEAK
Earnings call transcript
2022 Q1
4 May 22
PEAK
Earnings call transcript
2021 Q4
9 Feb 22
PEAK
Earnings call transcript
2021 Q3
3 Nov 21
PEAK
Earnings call transcript
2021 Q2
4 Aug 21
PEAK
Earnings call transcript
2021 Q1
5 May 21
PEAK
Earnings call transcript
2020 Q4
10 Feb 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 117.23 mm | 117.23 mm | 117.23 mm | 117.23 mm | 117.23 mm | 117.23 mm |
| Cash burn (monthly) | 3.20 mm | 2.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 6.54 mm | 4.07 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 110.69 mm | 113.15 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 34.6 | 56.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
88.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 559 |
| Opened positions | 55 |
| Closed positions | 90 |
| Increased positions | 237 |
| Reduced positions | 167 |
| 13F shares | Current |
|---|---|
| Total value | 10.63 tn |
| Total shares | 486.00 mm |
| Total puts | 148.70 k |
| Total calls | 129.70 k |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 89.23 mm | $1.96 tn |
| BLK Blackrock | 57.37 mm | $1.26 tn |
| STT State Street | 39.23 mm | $861.90 bn |
| IVZ Invesco | 22.01 mm | $483.62 bn |
| Geode Capital Management | 12.55 mm | $275.08 bn |
| Resolution Capital | 12.20 mm | $268.11 bn |
| Citadel Advisors | 10.08 mm | $221.37 bn |
| JPM JPMorgan Chase & Co. | 8.91 mm | $195.80 bn |
| American Century Companies | 8.87 mm | $194.89 bn |
| NTRS Northern Trust | 8.85 mm | $194.48 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Apr 23 | Connor James B. | Common Stock | Grant | Acquire A | No | No | 0 | 8,193 | 0.00 | 8,193 |
| 28 Apr 23 | Henry David | Common Stock | Grant | Acquire A | No | No | 0 | 8,193 | 0.00 | 84,910 |
| 28 Apr 23 | Cartwright Brian G. | Common Stock | Grant | Acquire A | No | No | 0 | 8,193 | 0.00 | 53,514 |
| 28 Apr 23 | Sara Grootwassink Lewis | Common Stock | Grant | Acquire A | No | No | 0 | 8,193 | 0.00 | 26,512 |
| 28 Apr 23 | Sandstrom Katherine M | Common Stock | Grant | Acquire A | No | No | 0 | 8,193 | 0.00 | 35,405 |
News
Stocks That Hit 52-Week Lows On Monday
22 May 23
Stocks That Hit 52-Week Lows On Friday
19 May 23
RBC Capital Maintains Sector Perform on Healthpeak Properties, Lowers Price Target to $25
4 May 23
Healthpeak Properties Board Appoints Kathy Sandstrom As Chair; Succeeds Brian Cartwright, Who Will Continue To Serve On The Board As An Independent Director
28 Apr 23
Healthpeak Properties Q1 FFO $0.42 Down From $0.43 YoY, Sales $525.68M Up From $498.37M YoY
27 Apr 23
Press releases
Healthpeak Prices Add-On Offering of $350 Million of 5.250% Senior Unsecured Notes due 2032
1 May 23
Healthpeak Properties Reports First Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock
27 Apr 23
Healthpeak Properties Board Appoints Kathy Sandstrom as Chair
27 Apr 23
Healthpeak Properties to Report First Quarter Financial Results and Host Conference Call/Webcast
23 Mar 23
Healthpeak Properties Appoints Jim Connor to its Board of Directors
14 Mar 23