SG Americas Securities LLC increased its holdings in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 2,416.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,155,041 shares of the real estate investment trust’s stock after acquiring an additional 1,109,146 shares during the period. SG Americas Securities LLC’s holdings in Healthpeak Properties were worth $18,573,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mather Group LLC. purchased a new position in Healthpeak Properties in the 3rd quarter worth $25,000. City Holding Co. purchased a new stake in Healthpeak Properties during the third quarter valued at about $26,000. Rexford Capital Inc. purchased a new stake in Healthpeak Properties during the second quarter valued at about $28,000. Sound Income Strategies LLC bought a new position in shares of Healthpeak Properties during the third quarter valued at about $28,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Healthpeak Properties in the second quarter worth about $32,000. Institutional investors own 93.57% of the company’s stock.
Analyst Upgrades and Downgrades
DOC has been the subject of a number of recent research reports. Evercore lowered their target price on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings raised Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. The Goldman Sachs Group began coverage on Healthpeak Properties in a research report on Friday, January 9th. They issued a “neutral” rating and a $17.00 price objective for the company. Jefferies Financial Group lowered Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price objective for the company from $21.00 to $17.00 in a research note on Monday, December 15th. Finally, Wells Fargo & Company restated a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $19.42.
Healthpeak Properties Stock Down 1.5%
Shares of NYSE:DOC opened at $16.54 on Friday. The stock’s 50-day moving average is $17.21 and its 200 day moving average is $17.51. The company has a market cap of $11.50 billion, a PE ratio of 165.45, a P/E/G ratio of 8.99 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. Healthpeak Properties, Inc. has a 1 year low of $15.71 and a 1 year high of $20.40.
Healthpeak Properties (NYSE:DOC – Get Free Report) last announced its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The company had revenue of $719.40 million during the quarter, compared to the consensus estimate of $685.14 million. During the same quarter in the prior year, the company earned $0.46 earnings per share. The firm’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. Sell-side analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.
Healthpeak Properties Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $0.1017 dividend. The ex-dividend date is Tuesday, March 17th. This represents a c) annualized dividend and a yield of 7.4%. Healthpeak Properties’s dividend payout ratio (DPR) is 1,220.00%.
Healthpeak Properties Company 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.
Further Reading
Want to see what other hedge funds are holding DOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthpeak Properties, Inc. (NYSE:DOC – Free Report).
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.
