Healthpeak Properties, Inc. $DOC Stock Position Increased by IFP Advisors Inc

IFP Advisors Inc grew its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 359.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 34,326 shares of the real estate investment trust’s stock after buying an additional 26,854 shares during the period. IFP Advisors Inc’s holdings in Healthpeak Properties were worth $685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Pension & Wealth Management Advisors Inc. purchased a new position in shares of Healthpeak Properties in the third quarter valued at $27,000. Clearstead Trust LLC increased its position in shares of Healthpeak Properties by 66.7% during the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 543 shares during the period. Security National Bank of SO Dak purchased a new stake in shares of Healthpeak Properties in the second quarter worth about $32,000. Avalon Trust Co purchased a new stake in shares of Healthpeak Properties in the first quarter worth about $34,000. Finally, Markowski Investments bought a new position in shares of Healthpeak Properties in the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on DOC shares. Barclays cut their price target on shares of Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating for the company in a report on Tuesday, October 13th. Citigroup boosted their target price on Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. UBS Group lowered their price target on Healthpeak Properties from $21.50 to $20.00 and set a “neutral” rating on the stock in a report on Tuesday, October 13th. Jefferies Financial Group reiterated 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. Finally, Wells Fargo & Company cut their price objective on Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating for the company in a report on Monday, October 19th. Four research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, Healthpeak Properties has an average rating of “Hold” and a consensus price target of $21.60.

Healthpeak Properties Price Performance

Shares of DOC opened at $19.25 on Friday. Healthpeak Properties, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $22.95. The firm’s 50-day simple moving average is $20.07 and its two-hundred day simple moving average is $19.95. The stock has a market cap of $13.27 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 2.39 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02.

Healthpeak Properties (NYSE:DOC) last released its 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. The firm had revenue of $771.58 million during the quarter, compared to analyst estimates of $725.64 million. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the business earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Analysts anticipate that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Friday, December 18th will be issued a $0.1017 dividend. 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 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.