Shares of Healthpeak Properties, Inc. (NYSE:DOC – Get Free Report) have received a consensus rating of “Hold” from the eighteen analysts that are presently covering the company, Marketbeat reports. Fourteen investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $21.60.
Several equities research analysts recently commented on DOC shares. Wells Fargo & Company lowered their price target on Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating for the company in a research note on Monday, October 19th. Cantor Fitzgerald raised their price objective on shares of Healthpeak Properties from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. UBS Group reduced their target price on shares of Healthpeak Properties from $21.50 to $20.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. Jefferies Financial Group reiterated a “hold” rating and issued a $21.00 target price (down from $22.00) on shares of Healthpeak Properties in a research note on Tuesday, September 15th. Finally, 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.
Get Our Latest Stock Analysis on DOC
Institutional Investors Weigh In On Healthpeak Properties
Several institutional investors and hedge funds have recently modified their holdings of DOC. State Street Corp boosted its holdings in Healthpeak Properties by 92.3% in the second quarter. State Street Corp now owns 93,267,685 shares of the real estate investment trust’s stock worth $1,995,928,000 after purchasing an additional 44,767,085 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Healthpeak Properties by 60.3% during the first quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock valued at $253,949,000 after buying an additional 5,815,189 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Healthpeak Properties by 27.5% in the first quarter. Bank of America Corp DE now owns 11,887,795 shares of the real estate investment trust’s stock worth $195,316,000 after buying an additional 2,563,407 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Healthpeak Properties by 2.8% in the first quarter. Dimensional Fund Advisors LP now owns 10,583,736 shares of the real estate investment trust’s stock worth $173,896,000 after buying an additional 290,589 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Healthpeak Properties by 83.4% in the second quarter. Envestnet Asset Management Inc. now owns 7,761,469 shares of the real estate investment trust’s stock worth $166,095,000 after buying an additional 3,530,429 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.
Healthpeak Properties Price Performance
DOC opened at $19.02 on Friday. The stock has a fifty day moving average price of $20.02 and a 200 day moving average price of $19.11. Healthpeak Properties has a 1 year low of $15.70 and a 1 year high of $22.95.
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 for the quarter, topping the consensus estimate 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. During the same period in the previous year, the company earned $0.46 earnings per share. The business’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. Research analysts expect that Healthpeak Properties will post 1.77 earnings per share for the current fiscal year.
Healthpeak Properties Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 30th. Stockholders 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 dividend yield of 6.4%.
About Healthpeak Properties
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.
Featured Stories
- Five stocks we like better than Healthpeak Properties
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for Healthpeak Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthpeak Properties and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
