Vanguard Group Inc. Reduces Stock Position in Healthpeak Properties, Inc. $DOC

Vanguard Group Inc. lowered its position in Healthpeak Properties, Inc. (NYSE:DOC) by 0.3% during the 4th quarter, HoldingsChannel reports. The firm owned 109,044,442 shares of the real estate investment trust’s stock after selling 311,868 shares during the period. Vanguard Group Inc. owned about 0.16% of Healthpeak Properties worth $1,753,435,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. bought a new position in shares of Healthpeak Properties in the third quarter worth $25,000. City Holding Co. bought a new position in shares of Healthpeak Properties in the third quarter worth $26,000. WPG Advisers LLC increased its holdings in shares of Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,197 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Healthpeak Properties in the second quarter worth $33,000. Finally, Wiser Advisor Group LLC bought a new position in shares of Healthpeak Properties in the third quarter worth $38,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 0.4%

DOC opened at $15.99 on Thursday. The stock has a market cap of $11.11 billion, a PE ratio of 159.88, a P/E/G ratio of 2.24 and a beta of 1.10. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $19.68. The business’s fifty day simple moving average is $16.96 and its 200 day simple moving average is $17.17.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. The business had revenue of $719.40 million for the quarter, compared to analysts’ expectations of $685.14 million. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The firm’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, research analysts expect that Healthpeak Properties, Inc. will post 1.74 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, June 15th. Healthpeak Properties’s dividend payout ratio (DPR) is 1,220.00%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Evercore decreased their price target on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Morgan Stanley decreased their price target on shares of Healthpeak Properties from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Tuesday. Robert W. Baird decreased their price target on shares of Healthpeak Properties from $20.00 to $19.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Healthpeak Properties in a report on Friday, April 24th. Finally, Scotiabank raised shares of Healthpeak Properties to a “hold” rating in a report on Thursday, April 23rd. Five analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $18.04.

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.