Healthpeak Properties, Inc. $DOC Shares Sold by Deutsche Bank AG

Deutsche Bank AG trimmed its position in Healthpeak Properties, Inc. (NYSE:DOC) by 10.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,284,908 shares of the real estate investment trust’s stock after selling 698,642 shares during the period. Deutsche Bank AG’s holdings in Healthpeak Properties were worth $134,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of DOC. Perigon Wealth Management LLC raised its position in Healthpeak Properties by 15.9% during the 2nd quarter. Perigon Wealth Management LLC now owns 15,928 shares of the real estate investment trust’s stock worth $341,000 after buying an additional 2,191 shares during the last quarter. Trust Co. of Vermont acquired a new stake in shares of Healthpeak Properties in the 2nd quarter worth $96,000. OneDigital Investment Advisors LLC boosted its holdings in shares of Healthpeak Properties by 3.3% in the second quarter. OneDigital Investment Advisors LLC now owns 15,376 shares of the real estate investment trust’s stock valued at $329,000 after acquiring an additional 493 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of Healthpeak Properties in the second quarter valued at about $143,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Healthpeak Properties in the second quarter valued at about $1,724,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DOC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Raymond James Financial began coverage on shares of Healthpeak Properties in a research report on Wednesday, June 17th. They issued a “market perform” rating for the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a report on Thursday, June 11th. UBS Group boosted their target price on Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Finally, Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $21.66.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $20.75 on Thursday. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $22.95. The stock has a market cap of $14.30 billion, a PE ratio of 59.27, a price-to-earnings-growth ratio of 3.15 and a beta of 1.01. The firm’s fifty day simple moving average is $21.35 and its 200-day simple moving average is $18.98.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. During the same quarter last year, the firm posted $0.46 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Analysts expect that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

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

About Healthpeak Properties

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.