PEAK Healthpeak Properties Dashboard

Healthpeak Properties, Inc. is a real estate investment trust, which invests primarily in real estate serving the healthcare industry in the United States. It acquires, develops, leases, sells, and manages healthcare real estate and provides mortgage and other financing to healthcare providers. It operates through the following business segments: Senior Housing Triple-Net, Senior Housing Operating Portfolio (SHOP), Life Science, and Medical Office. The Senior Housing Triple-Net and Operating Portfolio segments manage senior housing facilities, which include independent living, assisted living and memory care facilities, care homes, and continuing care retirement communities by utilizing triple-net leases and RIDEA structures. The Life Science segment contains laboratory and office space primarily for biotechnology, medical device and pharmaceutical companies, scientific research institutions, government agencies, and other organizations involved in the life science industry. The Medical Office segment includes pharmacies, hospital ancillary service space, and outpatient services such as diagnostic centers, rehabilitation clinics, and day-surgery operating rooms. The company was founded in March 1985 and is headquartered in Irvine, CA.

Company profile

Ticker

PEAK

Exchange

NYSE

Website

www.healthpeak.com/

CEO

Thomas Herzog

Incorporated

Maryland

Location

Colorado

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...

Former names

HCP, INC., HEALTH CARE PROPERTY INVESTORS INC

SEC CIK

0000765880

Corporate docs

Articles of Incorporation & Bylaws

IRS number

330091377

PEAK stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Friday

16 Apr 21

Friday's morning session saw 420 companies set new 52-week highs.

Why BofA Sees Upside In Health Care REITs Healthpeak, Welltower

30 Mar 21

The senior housing segment is poised for a recovery this summer, with occupancy and margins poised for an upturn in the back half of 2021, according to BofA Securities.

Benzinga's Top Ratings Upgrades, Downgrades For March 30, 2021

30 Mar 21

B of A Securities Upgrades Healthpeak Properties to Buy, Raises Price Target to $35.5

30 Mar 21

Morgan Stanley Maintains Equal-Weight on Healthpeak Properties, Raises Price Target to $30

15 Mar 21

Press releases

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JBG SMITH Welcomes New Senior Vice President as Head of Investor Relations

6 Apr 21

JBG SMITH (NYSE:JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, is pleased to welcome Barbat Rodgers to the company as Senior Vice President of Investor

Healthpeak Properties® to Report First Quarter 2021 Financial Results and Host Conference Call/Webcast

6 Apr 21

DENVER, April 6, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE:PEAK) is scheduled to report its first quarter 2021 financial results after the close of trading on the New York Stock Exchange on Tuesday, May 4,

Healthpeak Properties Announces Callan Ridge Life Science Development in Torrey Pines

18 Mar 21

DENVER, March 18, 2021 /PRNewswire/ -- Healthpeak Properties, Inc. (NYSE:PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located at 3020-3030 Callan Road in the Torrey Pines

Healthpeak Properties Announces Latest Life Science Development - Nexus on Grand - in South San Francisco

18 Mar 21

Healthpeak Properties to Present at the Barclays 2021 Global Healthcare Conference

5 Mar 21

Calendar

10 Feb 21

18 Apr 21

31 Dec 21

Financial summary

Financial statements Chart PEAK financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	111.43M	111.43M	111.43M	111.43M	111.43M	111.43M
Cash burn (monthly)	62.7M	(positive/no burn)	(positive/no burn)	5.37M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	226.95M	n/a	n/a	19.44M	n/a	n/a
Cash remaining	-115.52M	n/a	n/a	92M	n/a	n/a
Runway (months of cash)	-1.8	n/a	n/a	17.1	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

PEAK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 21	Scott M Brinker	Common Stock	Payment of exercise	Dispose F	No	No	29.09	24,611	715.93K	213,393
25 Feb 21	Garvey Christine	Common Stock	Sell	Dispose S	Yes	No	29.81	340	10.14K	23,385
15 Feb 21	Lisa A Alonso	Common Stock	Payment of exercise	Dispose F	No	No	30.94	720	22.28K	14,540
15 Feb 21	Scott M Brinker	Common Stock	Payment of exercise	Dispose F	No	No	30.94	4,163	128.8K	238,004
15 Feb 21	Thomas Klaritch	Common Stock	Payment of exercise	Dispose F	No	No	30.94	2,642	81.74K	285,968
14 Feb 21	Lisa A Alonso	Common Stock	Payment of exercise	Dispose F	No	No	30.94	1,041	32.21K	15,260
14 Feb 21	Scott M Brinker	Common Stock	Payment of exercise	Dispose F	No	No	30.94	4,438	137.31K	242,167
14 Feb 21	Thomas Klaritch	Common Stock	Payment of exercise	Dispose F	No	No	30.94	5,901	182.58K	288,610

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

PEAK institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

95.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	572	543	+5.3%
Opened positions	72	51	+41.2%
Closed positions	43	55	-21.8%
Increased positions	181	193	-6.2%
Reduced positions	220	213	+3.3%

13F shares	Current	Prev Q	Change
Total value	15.54B	13.73B	+13.2%
Total shares	514.11M	505.54M	+1.7%
Total puts	485.9K	256.4K	+89.5%
Total calls	986.5K	854K	+15.5%
Total put/call ratio	0.5	0.3	+64.1%

Largest owners	Shares	Value	Change
Vanguard	83.88M	$2.54B	-0.8%
CNS Cohen & Steers	56.78M	$1.72B	+62.6%
BLK Blackrock	56.3M	$1.7B	+5.8%
STT State Street	31.59M	$954.99M	-1.4%
JPM JPMorgan Chase & Co.	19.13M	$578.43M	+14.6%
PGGM Investments	18.11M	$547.37M	+1.1%
DSECF Daiwa Securities	12.53M	$378.76M	+34.5%
NTRS Northern Trust	10.34M	$312.44M	-2.3%
Geode Capital Management	10.28M	$310.02M	-6.3%
Centersquare Investment Management	8.21M	$248.06M	-17.6%

Largest transactions	Shares	Bought/sold	Change
CNS Cohen & Steers	56.78M	+21.86M	+62.6%
IVZ Invesco	5.44M	-15.43M	-73.9%
Norges Bank	5.55M	+5.55M	NEW
Wellington Management	4.62M	+3.66M	+384.0%
DSECF Daiwa Securities	12.53M	+3.21M	+34.5%
BLK Blackrock	56.3M	+3.06M	+5.8%
Long Pond Capital	0	-2.96M	EXIT
PFG Principal Financial Group Inc - Registered Shares	929.24K	-2.76M	-74.8%
JPM JPMorgan Chase & Co.	19.13M	+2.43M	+14.6%
American Century Companies	5.38M	+1.9M	+54.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Brookdale Senior Living

Management Discussion

In October 2020, we executed a definitive agreement to acquire approximately 12 acres of land for $128 million. The acquisition site is located in South San Francisco, CA, adjacent to two sites currently held by us as land for future development. We made a $10 million nonrefundable deposit upon completing due diligence in November 2020 and expect to close the transaction in 2021.
In December 2020, we acquired three life science facilities in Cambridge, Massachusetts for $610 million and a 49% unconsolidated joint venture interest in a fourth property on the same campus for $54 million.
In October 2020, we acquired a portfolio of seven MOBs located in Indiana, Missouri, and Illinois, for $169 million.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-K 2020 FY