State of Alaska Department of Revenue Purchases 125,525 Shares of Healthpeak Properties, Inc. $DOC

State of Alaska Department of Revenue increased its position in Healthpeak Properties, Inc. (NYSE:DOC) by 30.4% during the 3rd quarter, Holdings Channel reports. The firm owned 539,103 shares of the real estate investment trust’s stock after acquiring an additional 125,525 shares during the quarter. State of Alaska Department of Revenue’s holdings in Healthpeak Properties were worth $10,766,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Healthpeak Properties in the 2nd quarter valued at about $3,837,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Healthpeak Properties by 20,832.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,217,474 shares of the real estate investment trust’s stock valued at $133,054,000 after buying an additional 6,187,772 shares during the period. NewEdge Advisors LLC raised its stake in Healthpeak Properties by 23.1% in the second quarter. NewEdge Advisors LLC now owns 146,336 shares of the real estate investment trust’s stock worth $3,132,000 after buying an additional 27,508 shares in the last quarter. Vontobel Holding Ltd. raised its stake in Healthpeak Properties by 3,163.9% in the second quarter. Vontobel Holding Ltd. now owns 804,137 shares of the real estate investment trust’s stock worth $17,209,000 after buying an additional 779,500 shares in the last quarter. Finally, Adelante Capital Management LLC bought a new position in Healthpeak Properties in the second quarter worth approximately $21,605,000. Institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on DOC. Mizuho upped their target price on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. JPMorgan Chase & Co. lifted their price target on Healthpeak Properties from $18.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Barclays reduced their price target on Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating for the company in a research report on Tuesday. Royal Bank Of Canada boosted their price target on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, Cantor Fitzgerald upped their price objective on Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties currently has an average rating of “Hold” and a consensus target price of $21.80.

Healthpeak Properties Stock Up 1.2%

NYSE:DOC opened at $18.96 on Friday. The company’s 50-day simple moving average is $20.31 and its 200-day simple moving average is $19.87. 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, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $22.95. The stock has a market capitalization of $13.07 billion, a P/E ratio of 10.19, a P/E/G ratio of 2.32 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The firm had revenue of $771.58 million during the quarter, compared to analyst estimates of $725.64 million. During the same quarter in the previous year, the business posted $0.46 EPS. Healthpeak Properties’s revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, equities analysts anticipate that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

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 issued a $0.1017 dividend. This represents a $1.22 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, December 18th. Healthpeak Properties’s payout ratio is currently 348.57%.

Healthpeak Properties Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, develops, leases and manages healthcare-related properties in the United States. Its portfolio primarily includes outpatient medical office buildings, life science facilities and other properties designed to support healthcare providers, researchers and related businesses.

The company’s outpatient medical office properties are generally located near hospitals and health systems and accommodate physicians, specialty clinics, ambulatory services and other healthcare users.