Janney Montgomery Scott LLC Sells 26,500 Shares of Healthpeak Properties, Inc. $DOC

Janney Montgomery Scott LLC reduced its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 2.5% in the second quarter, Holdings Channel reports. The institutional investor owned 1,017,422 shares of the real estate investment trust’s stock after selling 26,500 shares during the period. Janney Montgomery Scott LLC’s holdings in Healthpeak Properties were worth $21,773,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Advocate Investing Services LLC bought a new stake in Healthpeak Properties during the 4th quarter worth approximately $26,000. WPG Advisers LLC lifted its holdings in shares of Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,197 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Healthpeak Properties during the second quarter worth $33,000. Clearstead Advisors LLC raised its position in Healthpeak Properties by 166.3% in the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,216 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in Healthpeak Properties during the 4th quarter valued at $31,000. 93.57% of the stock is owned by institutional investors.

Healthpeak Properties Trading Down 0.1%

Shares of Healthpeak Properties stock opened at $20.78 on Friday. The firm has a market cap of $14.33 billion, a PE ratio of 59.38, a P/E/G ratio of 3.20 and a beta of 1.01. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year high of $22.95. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. The stock has a fifty day moving average price of $21.33 and a 200-day moving average price of $18.90.

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

Healthpeak Properties Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Cantor Fitzgerald boosted their price target on shares of Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Wall Street Zen raised shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Healthpeak Properties in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada lifted their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Four analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $21.44.

Healthpeak Properties Profile

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.