State of Alaska Department of Revenue boosted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 30.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 539,103 shares of the real estate investment trust’s stock after buying an additional 125,525 shares during the quarter. State of Alaska Department of Revenue owned 0.08% of Healthpeak Properties worth $10,766,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. OneDigital Investment Advisors LLC raised its stake 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 during the period. Clearstead Trust LLC boosted its stake in shares of Healthpeak Properties by 66.7% during the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 543 shares during the period. CX Institutional boosted its stake in shares of Healthpeak Properties by 6.1% during the 2nd 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 period. Quantum Portfolio Management LLC boosted its stake in shares of Healthpeak Properties by 2.5% during the 1st quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock worth $483,000 after purchasing an additional 728 shares during the period. Finally, Intrua Financial LLC grew its holdings in Healthpeak Properties by 1.1% during the 1st quarter. Intrua Financial LLC now owns 66,702 shares of the real estate investment trust’s stock valued at $1,096,000 after purchasing an additional 744 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on DOC. UBS Group reduced their price objective on shares of Healthpeak Properties from $21.50 to $20.00 and set a “neutral” rating on the stock in a research report on Tuesday. Royal Bank Of Canada raised their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Barclays dropped their target price on Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating for the company in a research report on Tuesday. Robert W. Baird upped their target price on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company upped their target price on Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Healthpeak Properties currently has a consensus rating of “Hold” and a consensus price target of $21.80.
Read Our Latest Research Report on Healthpeak Properties
Healthpeak Properties Stock Performance
DOC stock opened at $18.96 on Friday. Healthpeak Properties, Inc. has a twelve month low of $15.70 and a twelve month high of $22.95. The firm has a market cap of $13.07 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 2.32 and a beta of 1.01. The business’s fifty day simple moving average is $20.31 and its two-hundred day simple moving average is $19.87. 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 (NYSE:DOC – Get Free Report) last issued 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. The firm had revenue of $771.58 million during the quarter, compared to analyst estimates of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business’s revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Analysts predict that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.
Healthpeak Properties Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 30th. Investors of record on Friday, December 18th will be issued a dividend of $0.1017 per share. The ex-dividend date is Friday, December 18th. This represents a $1.22 dividend on an annualized basis and a yield of 6.4%. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.
About Healthpeak Properties
Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, develops, leases and manages healthcare-related properties in the United States. Its portfolio primarily includes outpatient medical office buildings, life science facilities and other properties designed to support healthcare providers, researchers and related businesses.
The company’s outpatient medical office properties are generally located near hospitals and health systems and accommodate physicians, specialty clinics, ambulatory services and other healthcare users.
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