Nuance Investments LLC Decreases Stock Position in Healthpeak Properties, Inc. $DOC

Nuance Investments LLC cut its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 23.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 161,536 shares of the real estate investment trust’s stock after selling 50,100 shares during the quarter. Nuance Investments LLC’s holdings in Healthpeak Properties were worth $3,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. purchased a new stake in shares of Healthpeak Properties during the third quarter valued at approximately $25,000. City Holding Co. purchased a new position in shares of Healthpeak Properties in the third quarter worth $26,000. Rexford Capital Inc. bought a new stake in Healthpeak Properties during the 2nd quarter valued at $28,000. Sound Income Strategies LLC purchased a new stake in Healthpeak Properties during the 3rd quarter valued at $28,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Healthpeak Properties in the 2nd quarter worth $32,000. 93.57% of the stock is currently owned by institutional investors.

Healthpeak Properties Price Performance

Shares of NYSE DOC opened at $16.86 on Monday. Healthpeak Properties, Inc. has a 1 year low of $15.71 and a 1 year high of $21.28. The stock has a market capitalization of $11.72 billion, a P/E ratio of 168.62, a P/E/G ratio of 9.04 and a beta of 1.12. The company’s 50-day moving average is $16.87 and its 200 day moving average is $17.58. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The business had revenue of $719.40 million for the quarter, compared to analysts’ expectations of $685.14 million. During the same period in the previous year, the firm posted $0.46 EPS. The business’s revenue was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, sell-side analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.1017 dividend. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is presently 1,220.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a research note on Monday, January 5th. Jefferies Financial Group downgraded Healthpeak Properties from a “buy” rating to a “hold” rating and reduced their price target for the company from $21.00 to $17.00 in a report on Monday, December 15th. Weiss Ratings raised Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. The Goldman Sachs Group assumed coverage on Healthpeak Properties in a report on Friday, January 9th. They issued a “neutral” rating and a $17.00 price objective for the company. Finally, Evercore cut their price objective on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $19.42.

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.