Wealth Enhancement Advisory Services LLC Cuts Holdings in Healthpeak Properties, Inc. $DOC

Wealth Enhancement Advisory Services LLC decreased its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 37.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 322,312 shares of the real estate investment trust’s stock after selling 192,212 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Healthpeak Properties were worth $5,318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. CoreCap Advisors LLC lifted its holdings in shares of Healthpeak Properties by 22.4% during the 3rd quarter. CoreCap Advisors LLC now owns 3,352 shares of the real estate investment trust’s stock worth $64,000 after acquiring an additional 613 shares during the last quarter. Fiduciary Trust Co increased its stake in Healthpeak Properties by 4.9% in the third quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after acquiring an additional 644 shares during the last quarter. Arjuna Capital raised its position in Healthpeak Properties by 4.8% during the third quarter. Arjuna Capital now owns 14,768 shares of the real estate investment trust’s stock valued at $283,000 after purchasing an additional 679 shares in the last quarter. Venture Visionary Partners LLC raised its position in Healthpeak Properties by 4.8% during the third quarter. Venture Visionary Partners LLC now owns 15,455 shares of the real estate investment trust’s stock valued at $296,000 after purchasing an additional 703 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in Healthpeak Properties by 1.9% during the third quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock worth $721,000 after purchasing an additional 718 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Evercore cut their price objective on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. The Goldman Sachs Group started coverage on Healthpeak Properties in a research note on Friday, January 9th. They issued a “neutral” rating and a $17.00 target price for the company. Wall Street Zen downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $21.00 to $17.00 in a report on Monday, December 15th. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Healthpeak Properties has an average rating of “Hold” and an average target price of $19.42.

Healthpeak Properties Trading Down 0.3%

Shares of DOC opened at $16.54 on Monday. The stock has a market capitalization of $11.50 billion, a P/E ratio of 165.45, a PEG ratio of 8.88 and a beta of 1.11. Healthpeak Properties, Inc. has a twelve month low of $15.71 and a twelve month high of $20.40. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. The firm has a fifty day simple moving average of $17.21 and a two-hundred day simple moving average of $17.50.

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

Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a c) annualized dividend and a dividend yield of 7.4%. Healthpeak Properties’s payout ratio is 1,220.00%.

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.