TD Asset Management Inc Decreases Position in Healthpeak Properties, Inc. $DOC

TD Asset Management Inc cut its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 62.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,402 shares of the real estate investment trust’s stock after selling 183,537 shares during the period. TD Asset Management Inc’s holdings in Healthpeak Properties were worth $2,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of Healthpeak Properties in the 4th quarter worth approximately $153,550,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Healthpeak Properties by 694.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,016,692 shares of the real estate investment trust’s stock valued at $153,520,000 after buying an additional 7,007,777 shares during the period. Bank of New York Mellon Corp raised its holdings in Healthpeak Properties by 60.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock valued at $253,949,000 after buying an additional 5,815,189 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Healthpeak Properties by 19.2% in 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. Finally, Massachusetts Financial Services Co. MA lifted its position in Healthpeak Properties by 214.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,230,551 shares of the real estate investment trust’s stock worth $98,050,000 after buying an additional 2,883,382 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DOC has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthpeak Properties in a research note on Wednesday, August 5th. UBS Group raised their target price on shares of Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Cantor Fitzgerald raised their target price on shares of Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Mizuho lifted their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Finally, Robert W. Baird upped their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a report on Thursday. Four research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.44.

Healthpeak Properties Price Performance

DOC opened at $20.78 on Friday. The business has a fifty day moving average of $21.33 and a 200 day moving average of $18.90. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $22.95. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. The stock has a market cap of $14.33 billion, a P/E ratio of 59.38, a PEG ratio of 3.20 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The company had revenue of $771.58 million for the quarter, compared to the consensus estimate of $725.64 million. During the same quarter in the prior year, the company posted $0.46 EPS. Healthpeak Properties’s quarterly revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be issued a $0.1017 dividend. The ex-dividend date is Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. Healthpeak Properties’s dividend payout ratio is presently 348.57%.

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.