Healthpeak Properties, Inc. (NYSE:DOC – Get Free Report) passed above its 50 day moving average during trading on Wednesday after Barclays raised their price target on the stock from $23.00 to $24.00. The stock has a 50 day moving average of $19.79 and traded as high as $20.22. Barclays currently has an equal weight rating on the stock. Healthpeak Properties shares last traded at $20.1940, with a volume of 8,611,560 shares.
DOC has been the topic of several other reports. Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Wells Fargo & Company boosted their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Morgan Stanley lowered shares of Healthpeak Properties from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $20.00 to $22.00 in a research report on Thursday, June 11th. Robert W. Baird increased their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. Finally, Citigroup lifted their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, Healthpeak Properties presently has an average rating of “Hold” and a consensus target price of $21.47.
Check Out Our Latest Report on Healthpeak Properties
Key Healthpeak Properties News
Here are the key news stories impacting Healthpeak Properties this week:
- Positive Sentiment: Healthpeak raised its 2026 adjusted FFO guidance to $1.76–$1.78 per share, broadly in line with the $1.77 consensus. Management pointed to outpatient leasing and senior-housing growth, while Q3 revenue rose 16.3% year over year. Zacks article
- Positive Sentiment: Management described broad operating momentum and expects to lease up recently acquired lab properties over two to three years. A potential recovery in life-science real estate is also cited by analysts as a possible longer-term catalyst. Healthpeak guidance and lab lease-up
- Neutral Sentiment: Q3 results were mixed: adjusted FFO declined year over year, while revenue increased. Revenue also came in below one reported FactSet estimate, though it exceeded other estimates cited in coverage. Q3 results
- Negative Sentiment: Refinancing risk remains a concern, and Cantor Fitzgerald cut its price target from $23 to $21 while maintaining a neutral rating. The target reduction may limit enthusiasm despite the improved guidance. Refinancing risk coverage
Institutional Trading of Healthpeak Properties
Several hedge funds have recently added to or reduced their stakes in DOC. State Street Corp increased its holdings in shares of Healthpeak Properties by 92.3% during the second quarter. State Street Corp now owns 93,267,685 shares of the real estate investment trust’s stock valued at $1,995,928,000 after purchasing an additional 44,767,085 shares during the period. Bank of America Corp DE acquired a new stake in Healthpeak Properties in the second quarter worth about $234,600,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Healthpeak Properties by 20,832.8% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,217,474 shares of the real estate investment trust’s stock worth $133,054,000 after purchasing an additional 6,187,772 shares during the period. Bank of New York Mellon Corp lifted its holdings in Healthpeak Properties by 60.3% in the first quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock worth $253,949,000 after purchasing an additional 5,815,189 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Healthpeak Properties by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,761,469 shares of the real estate investment trust’s stock valued at $166,095,000 after buying an additional 3,530,429 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.
Healthpeak Properties Stock Up 3.2%
The stock has a market cap of $13.92 billion, a P/E ratio of 37.40, a price-to-earnings-growth ratio of 2.41 and a beta of 1.01. The company has a current ratio of 1.29, a quick ratio of 3.02 and a debt-to-equity ratio of 0.87. The stock’s 50-day moving average is $19.79 and its 200-day moving average is $19.17.
Healthpeak Properties (NYSE:DOC – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.41). The company had revenue of $820.89 million for the quarter, compared to the consensus estimate of $739.18 million. Healthpeak Properties had a return on equity of 4.04% and a net margin of 12.32%. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. As a group, research analysts anticipate that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.
Healthpeak Properties Dividend Announcement
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 paid a dividend of $0.1017 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, December 18th. Healthpeak Properties’s dividend payout ratio (DPR) is currently 225.93%.
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 Articles
- Five stocks we like better than Healthpeak Properties
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
