Healthpeak Properties, Inc. $DOC Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 26.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 115,466 shares of the real estate investment trust’s stock after selling 41,065 shares during the quarter. HighTower Advisors LLC’s holdings in Healthpeak Properties were worth $2,471,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DOC. CX Institutional lifted its position in shares of Healthpeak Properties by 6.1% during the second quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock worth $235,000 after purchasing an additional 633 shares during the last quarter. Fiduciary Trust Co increased its holdings in Healthpeak Properties by 4.9% in the third quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 644 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in Healthpeak Properties by 1.9% in the third quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock valued at $721,000 after buying an additional 718 shares during the last quarter. Quantum Portfolio Management LLC raised its stake in Healthpeak Properties by 2.5% during the first quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock valued at $483,000 after buying an additional 728 shares in the last quarter. Finally, Intrua Financial LLC raised its stake in Healthpeak Properties by 1.1% during the first quarter. Intrua Financial LLC now owns 66,702 shares of the real estate investment trust’s stock valued at $1,096,000 after buying an additional 744 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on DOC. JPMorgan Chase & Co. lifted their target price on Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Evercore lowered Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target on the stock. in a research report on Monday, May 11th. Citigroup raised their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Tuesday. Barclays started coverage on shares of Healthpeak Properties in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 price objective for the company. Finally, Scotiabank boosted their target price on shares of Healthpeak Properties from $19.00 to $21.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 27th. 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, Healthpeak Properties currently has an average rating of “Hold” and a consensus price target of $21.44.

Healthpeak Properties Stock Down 0.1%

Healthpeak Properties stock opened at $20.78 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $22.95. The company has a 50-day simple moving average of $21.33 and a 200-day simple moving average of $18.90. The firm has a market capitalization of $14.33 billion, a P/E ratio of 59.38, a P/E/G ratio of 3.20 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last posted its 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 firm had revenue of $771.58 million during the quarter, compared to analyst estimates of $725.64 million. During the same period in the previous year, the business posted $0.46 EPS. Healthpeak Properties’s 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, equities analysts expect that Healthpeak Properties, Inc. will post 1.77 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. Stockholders of record on Monday, September 14th will be issued a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s payout ratio 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.