Healthpeak Properties, Inc. $DOC Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Boosts Position

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in Healthpeak Properties, Inc. (NYSE:DOC) by 69.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 303,083 shares of the real estate investment trust’s stock after acquiring an additional 123,800 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Healthpeak Properties were worth $6,053,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. OneDigital Investment Advisors LLC grew its stake in Healthpeak Properties by 3.3% in the second quarter. OneDigital Investment Advisors LLC now owns 15,376 shares of the real estate investment trust’s stock worth $329,000 after purchasing an additional 493 shares during the period. Clearstead Trust LLC raised its holdings in Healthpeak Properties by 66.7% in the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 543 shares in the last quarter. North Dakota State Investment Board lifted its position in Healthpeak Properties by 3.0% during the third quarter. North Dakota State Investment Board now owns 21,239 shares of the real estate investment trust’s stock valued at $424,000 after buying an additional 624 shares during the period. CX Institutional lifted its position in Healthpeak Properties by 6.1% during the second quarter. CX Institutional now owns 11,003 shares of the real estate investment trust’s stock valued at $235,000 after buying an additional 633 shares during the period. Finally, Quantum Portfolio Management LLC lifted its position in Healthpeak Properties by 2.5% during the first quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock valued at $483,000 after buying an additional 728 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 0.1%

Shares of NYSE:DOC opened at $19.05 on Monday. The company has a market cap of $13.14 billion, a P/E ratio of 54.43, a PEG ratio of 2.35 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year high of $22.95. The stock’s fifty day moving average price is $19.90 and its 200-day moving average price is $19.14.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%. The company had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. During the same period last year, the company earned $0.46 EPS. Healthpeak Properties’s revenue for the quarter was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Sell-side analysts expect that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Friday, December 18th will be issued a dividend of $0.1017 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, December 18th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DOC shares. Jefferies Financial Group initiated coverage on shares of Healthpeak Properties in a research report on Tuesday, September 15th. They issued a “hold” rating and a $21.00 target price on the stock. Citigroup lifted their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Barclays dropped their price objective on shares of Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 13th. Mizuho increased their target price on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Finally, Weiss Ratings downgraded shares of Healthpeak Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Four investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Hold” and an average target price of $21.60.

Healthpeak Properties Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, operates and develops healthcare-related real estate in the United States. The company primarily serves healthcare providers, research organizations and senior-care operators through a portfolio of specialized properties.

Its main activities include the ownership and leasing of outpatient medical office buildings, life science facilities and senior housing properties. These assets support services such as physician practices, ambulatory care, medical research and senior living.