Healthpeak Properties, Inc. (NYSE:DOC) Given Consensus Rating of “Hold” by Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $19.4167.

Several research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and cut their target price for the stock from $21.00 to $17.00 in a research note on Monday, December 15th. The Goldman Sachs Group began coverage on shares of Healthpeak Properties in a research report on Friday, January 9th. They set a “neutral” rating and a $17.00 price objective on the stock. Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Robert W. Baird dropped their price target 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. Finally, Wells Fargo & Company reiterated a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd.

Healthpeak Properties Stock Down 0.4%

Shares of Healthpeak Properties stock opened at $17.00 on Tuesday. The firm has a market cap of $11.81 billion, a price-to-earnings ratio of 170.00, a PEG ratio of 9.12 and a beta of 1.12. The stock’s 50-day moving average is $16.83 and its 200 day moving average is $17.55. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82. Healthpeak Properties has a one year low of $15.71 and a one year high of $21.28.

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

Healthpeak Properties Dividend Announcement

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 issued a $0.1017 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio (DPR) is currently 1,220.00%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC increased its position in shares of Healthpeak Properties by 7.3% during the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 1,231 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Healthpeak Properties by 110.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock valued at $2,463,000 after purchasing an additional 63,930 shares during the last quarter. Woodline Partners LP increased its holdings in Healthpeak Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after purchasing an additional 17,279 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of Healthpeak Properties in the second quarter worth approximately $181,000. Finally, TD Asset Management Inc raised its stake in shares of Healthpeak Properties by 27.3% in the second quarter. TD Asset Management Inc now owns 386,366 shares of the real estate investment trust’s stock worth $6,765,000 after purchasing an additional 82,868 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

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.