Healthpeak Properties, Inc. $DOC Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC lessened its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 70.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 64,553 shares of the real estate investment trust’s stock after selling 151,932 shares during the quarter. Wealthfront Advisers LLC’s holdings in Healthpeak Properties were worth $1,236,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Vanderbilt University purchased a new stake in shares of Healthpeak Properties during the third quarter worth about $1,263,000. Northside Capital Management LLC acquired a new stake in Healthpeak Properties in the 3rd quarter worth about $6,123,000. Baird Financial Group Inc. increased its stake in Healthpeak Properties by 38.5% during the 2nd quarter. Baird Financial Group Inc. now owns 402,466 shares of the real estate investment trust’s stock worth $7,047,000 after buying an additional 111,807 shares in the last quarter. Argent Advisors Inc. acquired a new position in shares of Healthpeak Properties during the third quarter valued at approximately $1,536,000. Finally, Trust Co. of Toledo NA OH lifted its position in shares of Healthpeak Properties by 8,859.2% in the third quarter. Trust Co. of Toledo NA OH now owns 82,425 shares of the real estate investment trust’s stock valued at $1,578,000 after acquiring an additional 81,505 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $16.70 on Monday. The company’s 50-day moving average is $16.79 and its two-hundred day moving average is $17.55. Healthpeak Properties, Inc. has a 1-year low of $15.71 and a 1-year high of $21.28. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 166.97, a PEG ratio of 8.96 and a beta of 1.12.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 EPS for the quarter, beating the consensus estimate of $0.45 by $0.02. The firm had revenue of $719.40 million for the quarter, compared to analyst estimates of $685.14 million. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $0.1017 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s payout ratio is 1,220.00%.

Analyst Ratings Changes

DOC has been the subject of several recent research reports. Weiss Ratings raised Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Argus lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. Wells Fargo & Company reaffirmed a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Finally, Evercore decreased their target price on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Healthpeak Properties currently has a consensus rating of “Hold” and an average price target of $19.42.

Healthpeak Properties 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.