Healthpeak Properties, Inc. (NYSE:DOC) Receives $20.62 Consensus PT from Analysts

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have been assigned a consensus rating of “Hold” from the nineteen brokerages that are presently covering the company, MarketBeat Ratings reports. Fifteen research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $20.6176.

A number of research firms have recently issued reports on DOC. BMO Capital Markets raised their price objective on Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Weiss Ratings raised Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 8th. Barclays initiated coverage on Healthpeak Properties in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $23.00 price target on the stock. Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research report on Thursday, June 11th.

Insider Activity at Healthpeak Properties

In related news, insider Scott R. Bohn sold 10,989 shares of Healthpeak Properties stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total transaction of $213,736.05. Following the completion of the sale, the insider owned 7,636 shares of the company’s stock, valued at approximately $148,520.20. The trade was a 59.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Healthpeak Properties

Several hedge funds have recently bought and sold shares of the stock. Tema ETFs LLC boosted its holdings in shares of Healthpeak Properties by 10.4% during the second quarter. Tema ETFs LLC now owns 13,913 shares of the real estate investment trust’s stock worth $298,000 after acquiring an additional 1,305 shares during the period. Handelsbanken Fonder AB increased its stake in shares of Healthpeak Properties by 34.1% during the second quarter. Handelsbanken Fonder AB now owns 327,900 shares of the real estate investment trust’s stock worth $7,017,000 after purchasing an additional 83,400 shares during the period. HF Advisory Group LLC lifted its holdings in Healthpeak Properties by 9.2% during the 2nd quarter. HF Advisory Group LLC now owns 130,432 shares of the real estate investment trust’s stock worth $2,791,000 after purchasing an additional 10,942 shares during the last quarter. MFG Wealth Management Inc. lifted its holdings in Healthpeak Properties by 4.1% during the 2nd quarter. MFG Wealth Management Inc. now owns 98,254 shares of the real estate investment trust’s stock worth $2,103,000 after purchasing an additional 3,830 shares during the last quarter. Finally, Czech National Bank boosted its stake in Healthpeak Properties by 3.7% in the 2nd quarter. Czech National Bank now owns 196,235 shares of the real estate investment trust’s stock valued at $4,199,000 after purchasing an additional 6,943 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Stock Up 1.4%

Shares of DOC stock opened at $22.59 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96. The firm’s 50-day moving average is $20.57 and its 200-day moving average is $18.34. The stock has a market cap of $15.58 billion, a price-to-earnings ratio of 70.61, a PEG ratio of 3.46 and a beta of 1.02. Healthpeak Properties has a 52-week low of $15.70 and a 52-week high of $22.72.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The business had revenue of $752.95 million during the quarter, compared to analysts’ expectations of $694.59 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.Healthpeak Properties’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Sell-side analysts predict that Healthpeak Properties will post 1.75 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Monday, September 14th. Healthpeak Properties’s dividend payout ratio (DPR) is currently 381.25%.

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.