Healthpeak Properties, Inc. $DOC Stock Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 1,788.8% during the third quarter, Holdings Channel.com reports. The firm owned 381,045 shares of the real estate investment trust’s stock after buying an additional 360,871 shares during the period. Nisa Investment Advisors LLC’s holdings in Healthpeak Properties were worth $7,609,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DOC. State Street Corp raised its holdings in Healthpeak Properties by 92.3% during the 2nd quarter. State Street Corp now owns 93,267,685 shares of the real estate investment trust’s stock valued at $1,995,928,000 after buying an additional 44,767,085 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Healthpeak Properties by 60.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock valued at $253,949,000 after buying an additional 5,815,189 shares during the period. Bank of America Corp DE grew its holdings in Healthpeak Properties by 27.5% in the 1st quarter. Bank of America Corp DE now owns 11,887,795 shares of the real estate investment trust’s stock worth $195,316,000 after acquiring an additional 2,563,407 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Healthpeak Properties by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,583,736 shares of the real estate investment trust’s stock worth $173,896,000 after acquiring an additional 290,589 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Healthpeak Properties by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,761,469 shares of the real estate investment trust’s stock worth $166,095,000 after acquiring an additional 3,530,429 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Healthpeak Properties Trading Up 4.7%

Shares of DOC opened at $19.35 on Friday. The firm’s 50-day moving average price is $20.10 and its 200-day moving average price is $19.95. The firm has a market capitalization of $13.34 billion, a price-to-earnings ratio of 55.28, a PEG ratio of 2.29 and a beta of 1.01. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $22.95.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The company had revenue of $771.58 million for the quarter, compared to analysts’ expectations of $725.64 million. During the same quarter in the previous year, the company earned $0.46 earnings per share. Healthpeak Properties’s quarterly revenue 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 anticipate that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Friday, December 18th will be given a dividend of $0.1017 per share. This represents a $1.22 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, December 18th. Healthpeak Properties’s payout ratio is presently 348.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Weiss Ratings cut shares of Healthpeak Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Mizuho raised 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. Royal Bank Of Canada boosted their price target on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Wells Fargo & Company lowered their price target on Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating for the company in a research report on Monday. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $21.00 price target (down from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, September 15th. Four investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently 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.