Healthpeak Properties, Inc. $DOC Shares Sold by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan lowered its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 46.0% in the second quarter, Holdings Channel reports. The institutional investor owned 108,049 shares of the real estate investment trust’s stock after selling 91,913 shares during the period. Nissay Asset Management Corp Japan’s holdings in Healthpeak Properties were worth $2,312,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in DOC. Clearstead Trust LLC increased its stake in shares of Healthpeak Properties by 66.7% during the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 543 shares during the period. Advocate Investing Services LLC purchased a new position in Healthpeak Properties during the fourth quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new stake in Healthpeak Properties in the second quarter valued at about $33,000. Clearstead Advisors LLC lifted its position in Healthpeak Properties by 166.3% in the fourth quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 1,216 shares during the period. Finally, Elyxium Wealth LLC purchased a new stake in Healthpeak Properties in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Citigroup boosted their target price on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. BMO Capital Markets raised their price target on Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Royal Bank Of Canada lifted their price target on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Mizuho upped their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Robert W. Baird increased their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $21.72.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $20.80 on Tuesday. The firm has a market capitalization of $14.34 billion, a price-to-earnings ratio of 59.43, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. The business’s 50 day simple moving average is $21.56 and its 200-day simple moving average is $19.23. Healthpeak Properties, Inc. has a 12 month low of $15.70 and a 12 month high of $22.95.

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

Healthpeak Properties Announces Dividend

The company 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) annualized dividend and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio is 348.57%.

Healthpeak Properties 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.