Healthpeak Properties, Inc. (NYSE:DOC) Given Average Recommendation of “Hold” by Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have been given a consensus rating of “Hold” by the seventeen research firms that are presently covering the firm, Marketbeat reports. Fourteen investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $19.9333.

Several equities research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Royal Bank Of Canada raised their target price on shares of Healthpeak Properties from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Morgan Stanley reiterated an “equal weight” rating and issued a $22.00 target price (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. JPMorgan Chase & Co. lifted their target price on shares of Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Finally, UBS Group lifted their target price on shares of Healthpeak Properties from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th.

Insider Activity at Healthpeak Properties

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DOC. WPG Advisers LLC increased its position in shares of 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 worth $26,000 after purchasing an additional 1,197 shares during the period. Advocate Investing Services LLC bought a new position in shares of Healthpeak Properties in the fourth quarter worth $26,000. Elyxium Wealth LLC acquired a new position in shares of Healthpeak Properties during the 4th quarter worth $31,000. Clearstead Advisors LLC raised its holdings in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 1,216 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Healthpeak Properties during the 2nd quarter worth $33,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Down 0.2%

NYSE DOC opened at $21.51 on Monday. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of 67.22, a PEG ratio of 3.36 and a beta of 1.05. The stock’s 50 day moving average price is $19.06 and its two-hundred day moving average price is $17.67. 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 has a 52 week low of $15.70 and a 52 week high of $21.56.

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

Healthpeak Properties Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 15th were issued a dividend of $0.1017 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 5.7%. Healthpeak Properties’s payout ratio is presently 381.25%.

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.