Healthpeak Properties, Inc. $DOC Stock: Generali Asset Management SPA SGR Lowers Stake

Generali Asset Management SPA SGR trimmed its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 19.8% during the third quarter, Holdings Channel reports. The firm owned 113,181 shares of the real estate investment trust’s stock after selling 28,004 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Healthpeak Properties were worth $2,260,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in DOC. OneDigital Investment Advisors LLC increased its position in 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 worth $329,000 after buying an additional 493 shares during the period. Clearstead Trust LLC grew its position 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 last quarter. CX Institutional increased its holdings in shares of Healthpeak Properties by 6.1% in the 2nd quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock worth $235,000 after acquiring an additional 633 shares during the period. Quantum Portfolio Management LLC increased its holdings in shares of Healthpeak Properties by 2.5% in the 1st quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock worth $483,000 after acquiring an additional 728 shares during the period. Finally, Revisor Wealth Management LLC increased its holdings in shares of Healthpeak Properties by 3.9% in the 1st quarter. Revisor Wealth Management LLC now owns 19,644 shares of the real estate investment trust’s stock worth $323,000 after acquiring an additional 745 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Trading Up 2.1%

Healthpeak Properties stock opened at $18.95 on Friday. The stock has a market capitalization of $13.06 billion, a PE ratio of 54.13, 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. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $22.95. The firm has a 50 day simple moving average of $19.94 and a 200-day simple moving average of $19.13.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (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 analysts’ expectations of $725.64 million. During the same period last year, the firm earned $0.46 EPS. The firm’s revenue for the quarter 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 research analysts expect that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 30th. Investors of record on Friday, December 18th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.22 annualized dividend and a yield of 6.4%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 348.57%.

Wall Street Analysts Forecast Growth

DOC has been the topic of several recent research reports. Weiss Ratings downgraded shares of Healthpeak Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Robert W. Baird upped their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Citigroup raised their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Jefferies Financial Group initiated coverage on Healthpeak Properties in a report on Tuesday, September 15th. They set a “hold” rating and a $21.00 price target on the stock. Finally, Cantor Fitzgerald lifted their price target on Healthpeak Properties from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Four equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $21.60.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, operates and develops healthcare-related real estate in the United States. The company primarily serves healthcare providers, research organizations and senior-care operators through a portfolio of specialized properties.

Its main activities include the ownership and leasing of outpatient medical office buildings, life science facilities and senior housing properties. These assets support services such as physician practices, ambulatory care, medical research and senior living.