Robeco Institutional Asset Management B.V. increased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 124.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,234,094 shares of the real estate investment trust’s stock after purchasing an additional 683,778 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Healthpeak Properties were worth $24,645,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Pension & Wealth Management Advisors Inc. acquired a new position in Healthpeak Properties in the third quarter valued at approximately $27,000. Clearstead Trust LLC grew its position in Healthpeak Properties by 66.7% in the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 543 shares during the period. Security National Bank of SO Dak purchased a new position in Healthpeak Properties in the second quarter worth approximately $32,000. Markowski Investments purchased a new position in Healthpeak Properties in the second quarter worth approximately $38,000. Finally, First Bancorp Inc ME acquired a new stake in Healthpeak Properties during the second quarter worth $43,000. 93.57% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have commented on DOC shares. Mizuho lifted their target price on Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Robert W. Baird increased their price target on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. Cantor Fitzgerald increased their price target on Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $21.00 target price (down from $22.00) on shares of Healthpeak Properties in a research report on Tuesday, September 15th. Finally, Barclays decreased their target price on shares of Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 13th. Four investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $21.60.
Get Our Latest Stock Report on DOC
Healthpeak Properties Trading Down 0.5%
Shares of DOC stock opened at $19.25 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02. The stock has a market capitalization of $13.27 billion, a P/E ratio of 54.99, a price-to-earnings-growth ratio of 2.39 and a beta of 1.01. The company has a 50 day moving average price of $20.07 and a 200 day moving average price of $19.95. Healthpeak Properties, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $22.95.
Healthpeak Properties (NYSE:DOC – Get Free Report) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. The firm had revenue of $771.58 million for the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities research analysts predict that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.
Healthpeak Properties Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Friday, December 18th will be paid a $0.1017 dividend. The ex-dividend date is Friday, December 18th. This represents a $1.22 annualized dividend and a dividend yield of 6.3%. Healthpeak Properties’s payout ratio is 348.57%.
About Healthpeak Properties
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.
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