Groupama Asset Managment cut its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 28.6% in the third quarter, Holdings Channel reports. The fund owned 96,582 shares of the real estate investment trust’s stock after selling 38,640 shares during the period. Groupama Asset Managment’s holdings in Healthpeak Properties were worth $1,850,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC grew its holdings in shares of Healthpeak Properties by 22.4% in the 3rd quarter. CoreCap Advisors LLC now owns 3,352 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 613 shares during the last quarter. Fiduciary Trust Co lifted its holdings in Healthpeak Properties by 4.9% during the 3rd quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after purchasing an additional 644 shares during the last quarter. Arjuna Capital lifted its holdings in Healthpeak Properties by 4.8% during the 3rd quarter. Arjuna Capital now owns 14,768 shares of the real estate investment trust’s stock valued at $283,000 after purchasing an additional 679 shares during the last quarter. Venture Visionary Partners LLC boosted its position in Healthpeak Properties by 4.8% in the third quarter. Venture Visionary Partners LLC now owns 15,455 shares of the real estate investment trust’s stock valued at $296,000 after buying an additional 703 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in Healthpeak Properties by 1.9% in the third quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock valued at $721,000 after buying an additional 718 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.
Analysts Set New Price Targets
DOC has been the subject of several recent analyst reports. Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a report on Monday, January 5th. The Goldman Sachs Group started coverage on Healthpeak Properties in a report on Friday, January 9th. They issued a “neutral” rating and a $17.00 target price on the stock. Argus lowered Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Evercore cut their price objective on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $19.42.
Healthpeak Properties Stock Up 2.0%
Shares of NYSE:DOC opened at $17.75 on Friday. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. The firm has a market cap of $12.34 billion, a P/E ratio of 177.47, a P/E/G ratio of 9.31 and a beta of 1.12. Healthpeak Properties, Inc. has a 12 month low of $15.71 and a 12 month high of $20.81. The company’s 50-day moving average price is $17.25 and its two-hundred day moving average price is $17.56.
Healthpeak Properties (NYSE:DOC – Get Free Report) last announced its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.02. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The company had revenue of $719.40 million during the quarter, compared to the consensus estimate of $685.14 million. During the same period in the previous year, the firm posted $0.46 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, research analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.
Healthpeak Properties Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a $0.1017 dividend. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s payout ratio is 1,220.00%.
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.
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