Healthpeak Properties, Inc. (NYSE:DOC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have received an average rating of “Hold” from the fifteen brokerages that are covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $19.3846.

DOC has been the topic of a number of recent analyst reports. Citigroup raised their price target 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. Evercore downgraded shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target on the stock. in a report on Monday, May 11th. Wells Fargo & Company raised their price target on shares of Healthpeak Properties from $18.00 to $20.00 and gave the company an “equal weight” rating in a report on Monday. Royal Bank Of Canada raised their price target on shares of Healthpeak Properties from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Finally, Robert W. Baird increased their price objective on shares of Healthpeak Properties from $19.00 to $21.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th.

Insider Buying and Selling at Healthpeak Properties

In other news, insider Scott R. Bohn sold 10,989 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $19.45, for a total value of $213,736.05. Following the transaction, the insider owned 7,636 shares in the company, valued at $148,520.20. This represents a 59.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is owned by company insiders.

Hedge Funds Weigh In On Healthpeak Properties

Several institutional investors have recently made changes to their positions in DOC. Integrated Wealth Concepts LLC lifted its stake in shares of Healthpeak Properties by 7.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after purchasing an additional 1,231 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Healthpeak Properties by 110.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock worth $2,463,000 after purchasing an additional 63,930 shares during the period. Woodline Partners LP lifted its stake in shares of Healthpeak Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after purchasing an additional 17,279 shares during the period. Brown Advisory Inc. lifted its stake in shares of Healthpeak Properties by 3.1% in the 2nd quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust’s stock worth $819,000 after purchasing an additional 1,415 shares during the period. Finally, Qube Research & Technologies Ltd bought a new position in shares of Healthpeak Properties in the 2nd quarter worth approximately $3,117,000. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $19.14 on Thursday. Healthpeak Properties has a one year low of $15.70 and a one year high of $20.27. The company’s 50-day moving average is $17.84 and its 200 day moving average is $17.36. The company has a market capitalization of $13.19 billion, a price-to-earnings ratio of 59.80, a price-to-earnings-growth ratio of 3.04 and a beta of 1.05. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.96 and a current ratio of 2.96.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, beating the consensus estimate of $0.43 by $0.02. Healthpeak Properties had a net margin of 7.73% and a return on equity of 2.61%. The company had revenue of $752.95 million for the quarter, compared to the consensus estimate of $694.59 million. During the same period in the prior year, the firm posted $0.46 EPS. Healthpeak Properties’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. Sell-side analysts expect that Healthpeak Properties will post 1.74 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be paid a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Monday, June 15th. Healthpeak Properties’s dividend payout ratio is 381.25%.

About Healthpeak Properties

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.