VIRGINIA RETIREMENT SYSTEMS ET Al Buys 204,100 Shares of Healthpeak Properties, Inc. $DOC

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 176.0% in the 4th quarter, Holdings Channel reports. The fund owned 320,040 shares of the real estate investment trust’s stock after acquiring an additional 204,100 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Healthpeak Properties were worth $5,146,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in DOC. WPG Advisers LLC grew its position in Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,197 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Healthpeak Properties in the second quarter valued at $33,000. Wiser Advisor Group LLC bought a new position in Healthpeak Properties in the third quarter valued at $38,000. AlphaQuest LLC grew its position in Healthpeak Properties by 49.2% in the third quarter. AlphaQuest LLC now owns 2,864 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 944 shares in the last quarter. Finally, Covestor Ltd grew its position in Healthpeak Properties by 364.0% in the third quarter. Covestor Ltd now owns 3,118 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 2,446 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DOC shares. UBS Group raised their target price on shares of Healthpeak Properties from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday. Scotiabank raised shares of Healthpeak Properties to a “hold” rating in a research report on Thursday, April 23rd. Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday. Argus downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Morgan Stanley decreased their target price on shares of Healthpeak Properties from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Tuesday, April 28th. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $18.75.

Healthpeak Properties Trading Down 1.1%

Shares of NYSE:DOC opened at $19.56 on Thursday. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $19.87. The company has a market capitalization of $13.48 billion, a P/E ratio of 61.11, a price-to-earnings-growth ratio of 2.73 and a beta of 1.00. The company has a 50-day simple moving average of $17.19 and a 200 day simple moving average of $17.19. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. The business had revenue of $752.95 million during the quarter, compared to the consensus estimate of $694.59 million. During the same period last year, the business posted $0.46 EPS. Healthpeak Properties’s revenue was up 7.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.74 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 15th will be paid a $0.1017 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 6.2%. Healthpeak Properties’s payout ratio is 381.25%.

Insiders Place Their Bets

In other news, insider Scott R. Bohn sold 10,989 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total value of $213,736.05. Following the completion of the transaction, the insider directly owned 7,636 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 0.23% of the stock is owned by company insiders.

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.