Vanguard Group Inc. Sells 2,084,334 Shares of Healthpeak Properties, Inc. $DOC

Vanguard Group Inc. decreased its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 1.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 109,356,310 shares of the real estate investment trust’s stock after selling 2,084,334 shares during the period. Vanguard Group Inc. owned 0.16% of Healthpeak Properties worth $2,094,173,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DOC. Mather Group LLC. bought a new position in shares of Healthpeak Properties in the third quarter valued at approximately $25,000. City Holding Co. acquired a new position in Healthpeak Properties in the 3rd quarter valued at $26,000. Rexford Capital Inc. bought a new position in Healthpeak Properties in the 2nd quarter worth $28,000. Sound Income Strategies LLC acquired a new position in Healthpeak Properties during the 3rd quarter worth $28,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Healthpeak Properties during the second quarter valued at about $32,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. 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 research report on Saturday, February 7th. Argus cut Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. Jefferies Financial Group downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $21.00 to $17.00 in a research note on Monday, December 15th. Finally, Evercore cut their target price on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $19.42.

Healthpeak Properties Stock Down 0.4%

DOC opened at $17.06 on Friday. Healthpeak Properties, Inc. has a fifty-two week low of $15.71 and a fifty-two week high of $21.28. The company has a market capitalization of $11.86 billion, a P/E ratio of 170.61, a P/E/G ratio of 9.19 and a beta of 1.12. 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’s fifty day moving average price is $16.82 and its two-hundred day moving average price is $17.54.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.02. The business 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 firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $0.1017 per share. The ex-dividend date is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. Healthpeak Properties’s dividend payout ratio (DPR) is 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.