Healthpeak Properties, Inc. $DOC Shares Sold by Deutsche Bank AG

Deutsche Bank AG trimmed its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 10.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,284,908 shares of the real estate investment trust’s stock after selling 698,642 shares during the period. Deutsche Bank AG owned approximately 0.91% of Healthpeak Properties worth $134,497,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Perigon Wealth Management LLC lifted its position in Healthpeak Properties by 15.9% in the second quarter. Perigon Wealth Management LLC now owns 15,928 shares of the real estate investment trust’s stock valued at $341,000 after acquiring an additional 2,191 shares during the last quarter. Trust Co. of Vermont acquired a new position in Healthpeak Properties in the second quarter valued at $96,000. OneDigital Investment Advisors LLC grew its holdings in shares of Healthpeak Properties by 3.3% during the second quarter. OneDigital Investment Advisors LLC now owns 15,376 shares of the real estate investment trust’s stock worth $329,000 after purchasing an additional 493 shares during the last quarter. Continuum Advisory LLC purchased a new position in shares of Healthpeak Properties during the second quarter worth about $143,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Healthpeak Properties during the second quarter worth about $1,724,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on DOC. UBS Group boosted their target price on Healthpeak Properties from $19.00 to $21.50 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Mizuho raised their price target on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Robert W. Baird lifted their price target on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Wells Fargo & Company boosted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Finally, Raymond James Financial began coverage on Healthpeak Properties in a report on Wednesday, June 17th. They issued a “market perform” rating for the company. Four investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $21.66.

Healthpeak Properties Trading Up 1.5%

NYSE DOC opened at $20.75 on Thursday. 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 firm has a market cap of $14.30 billion, a PE ratio of 59.27, a P/E/G ratio of 3.15 and a beta of 1.01. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $22.95. The firm’s fifty day moving average is $21.35 and its two-hundred day moving average is $18.98.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business had revenue of $771.58 million during the quarter, compared to analysts’ expectations of $725.64 million. During the same period in the prior year, the company earned $0.46 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Analysts expect that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) annualized dividend and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio is currently 348.57%.

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.