Healthpeak Properties, Inc. $DOC Stock: Signaturefd LLC Grows Stake

Signaturefd LLC grew its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 152.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,379 shares of the real estate investment trust’s stock after acquiring an additional 37,652 shares during the quarter. Signaturefd LLC’s holdings in Healthpeak Properties were worth $1,246,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. State Street Corp increased its position in shares of Healthpeak Properties by 92.3% during the second quarter. State Street Corp now owns 93,267,685 shares of the real estate investment trust’s stock worth $1,995,928,000 after acquiring an additional 44,767,085 shares in 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 worth $253,949,000 after acquiring an additional 5,815,189 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Healthpeak Properties by 27.5% during 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 in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Healthpeak Properties by 2.8% during 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 in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Healthpeak Properties by 83.4% in the second quarter. Envestnet Asset Management Inc. now owns 7,761,469 shares of the real estate investment trust’s stock valued at $166,095,000 after purchasing an additional 3,530,429 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Barclays cut their price objective 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. Robert W. Baird lifted their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Jefferies Financial Group reissued 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. Mizuho increased their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company reduced their price objective on shares of Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating for the company in a research note on Monday, October 19th. Four equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $21.60.

Healthpeak Properties Trading Down 1.7%

Shares of Healthpeak Properties stock opened at $19.02 on Wednesday. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $22.95. The business’s 50 day moving average is $20.02 and its 200-day moving average is $19.11.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. The firm had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Announces Dividend

The company 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 dividend on an annualized basis and a yield of 6.4%.

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.