Teacher Retirement System of Texas Increases Stock Holdings in Healthpeak Properties, Inc. $DOC

Teacher Retirement System of Texas boosted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,099 shares of the real estate investment trust’s stock after purchasing an additional 3,846 shares during the period. Teacher Retirement System of Texas’ holdings in Healthpeak Properties were worth $1,858,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DOC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Healthpeak Properties by 584.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,218,848 shares of the real estate investment trust’s stock worth $186,405,000 after purchasing an additional 7,872,150 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Healthpeak Properties in the 1st quarter worth about $124,113,000. Invesco Ltd. grew its holdings in Healthpeak Properties by 20.7% in the 1st quarter. Invesco Ltd. now owns 23,111,320 shares of the real estate investment trust’s stock worth $467,311,000 after buying an additional 3,967,830 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of Healthpeak Properties by 7,444.0% during the second quarter. Nordea Investment Management AB now owns 3,923,205 shares of the real estate investment trust’s stock valued at $67,871,000 after purchasing an additional 3,871,201 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Healthpeak Properties by 57.8% in the first quarter. Goldman Sachs Group Inc. now owns 6,764,854 shares of the real estate investment trust’s stock valued at $136,785,000 after acquiring an additional 2,477,307 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Healthpeak Properties Price Performance

Shares of DOC stock opened at $17.67 on Tuesday. Healthpeak Properties, Inc. has a 52 week low of $16.63 and a 52 week high of $23.05. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.28 and a current ratio of 1.22. The stock’s fifty day moving average is $18.39 and its 200-day moving average is $17.88. The stock has a market capitalization of $12.28 billion, a PE ratio of -353.23, a PEG ratio of 3.84 and a beta of 1.09.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $705.87 million during the quarter, compared to analysts’ expectations of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. Healthpeak Properties’s revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 19th will be paid a $0.1017 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

Wall Street Analyst Weigh In

Several analysts recently commented on DOC shares. Evercore ISI set a $22.00 target price on shares of Healthpeak Properties in a research note on Monday, September 15th. Scotiabank downgraded Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $21.00 to $19.00 in a report on Tuesday, July 29th. Cantor Fitzgerald began coverage on Healthpeak Properties in a report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price objective on the stock. Wells Fargo & Company decreased their price target on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. Finally, Wall Street Zen cut shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Monday, July 7th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.91.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.