Healthpeak Properties, Inc. $DOC Stock Position Boosted by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 25.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 276,439 shares of the real estate investment trust’s stock after buying an additional 56,409 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Healthpeak Properties were worth $5,294,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DOC. NewEdge Wealth LLC lifted its stake in shares of Healthpeak Properties by 164.0% in the 3rd quarter. NewEdge Wealth LLC now owns 37,181 shares of the real estate investment trust’s stock worth $664,000 after acquiring an additional 23,099 shares during the period. Advisors Capital Management LLC bought a new stake in Healthpeak Properties during the third quarter worth approximately $26,900,000. Drucker Wealth 3.0 LLC acquired a new stake in Healthpeak Properties in the third quarter worth approximately $194,000. NEOS Investment Management LLC lifted its position in Healthpeak Properties by 73.6% in the third quarter. NEOS Investment Management LLC now owns 144,406 shares of the real estate investment trust’s stock worth $2,765,000 after purchasing an additional 61,239 shares during the period. Finally, Zions Bancorporation National Association UT boosted its stake in Healthpeak Properties by 33.6% during the 3rd quarter. Zions Bancorporation National Association UT now owns 3,956 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 994 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DOC. Robert W. Baird dropped their price objective on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Weiss Ratings raised shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Wells Fargo & Company restated a “positive” rating on shares of Healthpeak Properties in a research report on Tuesday, February 3rd. Finally, Argus cut shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Stock Down 0.6%

Shares of Healthpeak Properties stock opened at $17.12 on Thursday. Healthpeak Properties, Inc. has a 1 year low of $15.71 and a 1 year high of $21.28. The company has a market cap of $11.90 billion, a P/E ratio of 171.17, a P/E/G ratio of 9.24 and a beta of 1.12. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21. The stock has a 50-day moving average price of $16.81 and a 200 day moving average price of $17.55.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The company had revenue of $719.40 million during the quarter, compared to analyst estimates of $685.14 million. During the same quarter last year, the business posted $0.46 EPS. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a $0.1017 dividend. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is presently 1,220.00%.

About Healthpeak Properties

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.