Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $8.04 Million Holdings in Healthpeak Properties, Inc. $DOC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 25.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 489,084 shares of the real estate investment trust’s stock after purchasing an additional 100,731 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Healthpeak Properties were worth $8,036,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the stock. New York Life Investment Management LLC boosted its position in Healthpeak Properties by 65.8% in the 4th quarter. New York Life Investment Management LLC now owns 156,086 shares of the real estate investment trust’s stock valued at $2,510,000 after buying an additional 61,952 shares during the last quarter. Northside Capital Management LLC grew its position in shares of Healthpeak Properties by 47.7% during the 4th quarter. Northside Capital Management LLC now owns 472,337 shares of the real estate investment trust’s stock worth $7,595,000 after buying an additional 152,579 shares during the period. Oak Thistle LLC acquired a new position in Healthpeak Properties during the fourth quarter valued at approximately $3,938,000. HF Advisory Group LLC acquired a new position in shares of Healthpeak Properties in the 4th quarter valued at $1,517,000. Finally, Baillie Gifford & Co. grew its stake in Healthpeak Properties by 613.2% in the fourth quarter. Baillie Gifford & Co. now owns 367,256 shares of the real estate investment trust’s stock valued at $5,905,000 after acquiring an additional 315,763 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Healthpeak Properties

In related news, insider Scott R. Bohn sold 10,989 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total value of $213,736.05. Following the sale, the insider directly owned 7,636 shares in the company, valued at $148,520.20. This represents a 59.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Healthpeak Properties Stock Down 0.2%

Shares of NYSE:DOC opened at $21.70 on Wednesday. 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 company has a market capitalization of $14.96 billion, a PE ratio of 67.80, a price-to-earnings-growth ratio of 3.38 and a beta of 1.02. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $22.13. The company has a fifty day moving average of $20.31 and a 200-day moving average of $18.12.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $694.59 million. During the same period last year, the firm posted $0.46 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. On average, equities analysts predict that Healthpeak Properties, Inc. will post 1.75 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be issued a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) annualized dividend and a yield of 5.6%. Healthpeak Properties’s payout ratio is presently 381.25%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Evercore downgraded shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price objective for the company. in a research report on Monday, May 11th. Robert W. Baird upped their price objective on Healthpeak Properties from $19.00 to $21.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Citigroup upped their target price on shares of Healthpeak Properties from $17.50 to $20.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. Royal Bank Of Canada raised their price target on Healthpeak Properties from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Finally, Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Four equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $20.50.

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.