Healthpeak Properties, Inc. (NYSE:DOC) Given Consensus Recommendation of “Hold” by Brokerages

Healthpeak Properties, Inc. (NYSE:DOC) has received an average rating of “Hold” from the nineteen analysts that are presently covering the company, MarketBeat Ratings reports. Fifteen research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $20.6176.

Several equities analysts have weighed in on DOC shares. Mizuho lifted their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Raymond James Financial assumed coverage on Healthpeak Properties in a report on Wednesday, June 17th. They set a “market perform” rating for the company. Morgan Stanley reissued an “equal weight” rating and issued a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. Barclays assumed coverage on Healthpeak Properties in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on Healthpeak Properties from $18.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th.

Insiders Place Their Bets

In related news, insider Scott R. Bohn sold 10,989 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total transaction of $213,736.05. Following the completion of the transaction, the insider directly owned 7,636 shares of the company’s stock, valued at $148,520.20. This trade represents a 59.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DOC. State Street Corp lifted its holdings in Healthpeak Properties by 1.8% in the third quarter. State Street Corp now owns 49,498,109 shares of the real estate investment trust’s stock valued at $947,889,000 after buying an additional 895,460 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Healthpeak Properties by 8.6% during the fourth quarter. JPMorgan Chase & Co. now owns 30,674,812 shares of the real estate investment trust’s stock valued at $493,251,000 after acquiring an additional 2,438,278 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in Healthpeak Properties by 19.2% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 29,648,260 shares of the real estate investment trust’s stock worth $476,744,000 after buying an additional 4,776,056 shares during the last quarter. Geode Capital Management LLC lifted its position in Healthpeak Properties by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 19,534,041 shares of the real estate investment trust’s stock valued at $312,959,000 after acquiring an additional 123,274 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Healthpeak Properties by 9.9% during the fourth quarter. Invesco Ltd. now owns 18,298,776 shares of the real estate investment trust’s stock valued at $294,244,000 after buying an additional 1,648,012 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 0.5%

Shares of DOC stock opened at $22.08 on Friday. The firm has a 50 day moving average price of $20.68 and a two-hundred day moving average price of $18.43. The company has a market capitalization of $15.22 billion, a PE ratio of 68.99, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. Healthpeak Properties has a 12-month low of $15.70 and a 12-month high of $22.77. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.15.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share for the quarter, topping the consensus estimate 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 business earned $0.46 EPS. The company’s quarterly revenue 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. As a group, analysts predict that Healthpeak Properties will post 1.75 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be given a $0.1017 dividend. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date is Monday, September 14th. Healthpeak Properties’s dividend payout ratio is 381.25%.

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.