Shares of Healthpeak Properties, Inc. (NYSE:DOC – Get Free Report) have earned a consensus rating of “Hold” from the nineteen research firms that are presently covering the stock, Marketbeat.com reports. Fifteen analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $21.4412.
Several analysts have commented on the stock. BMO Capital Markets boosted their target price on shares of Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Royal Bank Of Canada increased 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 Monday, August 10th. Citigroup raised their target price on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Finally, Scotiabank boosted their price target on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 27th.
Get Our Latest Stock Analysis on DOC
Healthpeak Properties Stock Down 0.9%
Healthpeak Properties (NYSE:DOC – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. The firm had revenue of $771.58 million for 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%.The firm’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, equities research analysts expect that Healthpeak Properties will post 1.77 earnings per share for the current fiscal year.
Healthpeak Properties Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 14th will be issued a $0.1017 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Monday, September 14th. Healthpeak Properties’s payout ratio is 348.57%.
Hedge Funds Weigh In On Healthpeak Properties
A number of institutional investors have recently modified their holdings of DOC. New York Life Investment Management LLC lifted its position in shares of Healthpeak Properties by 65.8% during the 4th quarter. New York Life Investment Management LLC now owns 156,086 shares of the real estate investment trust’s stock worth $2,510,000 after purchasing an additional 61,952 shares during the last quarter. Baillie Gifford & Co. boosted its position in shares of Healthpeak Properties by 613.2% in the fourth quarter. Baillie Gifford & Co. now owns 367,256 shares of the real estate investment trust’s stock valued at $5,905,000 after acquiring an additional 315,763 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in shares of Healthpeak Properties by 176.0% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 320,040 shares of the real estate investment trust’s stock worth $5,146,000 after acquiring an additional 204,100 shares during the last quarter. Swedbank AB increased its position in Healthpeak Properties by 433.4% during the fourth quarter. Swedbank AB now owns 849,215 shares of the real estate investment trust’s stock worth $13,655,000 after acquiring an additional 690,000 shares during the period. Finally, Nan Fung Trinity HK Ltd. bought a new position in Healthpeak Properties during the fourth quarter worth $2,654,000. Institutional investors own 93.57% of the company’s stock.
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.
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