Healthpeak Properties, Inc. $DOC Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. decreased its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 4.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,021,107 shares of the real estate investment trust’s stock after selling 43,718 shares during the period. Oppenheimer Asset Management Inc. owned 0.15% of Healthpeak Properties worth $19,554,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bayforest Capital Ltd acquired a new stake in Healthpeak Properties during the 2nd quarter worth approximately $442,000. Vanderbilt University acquired a new position in Healthpeak Properties during the third quarter valued at approximately $1,263,000. Northside Capital Management LLC purchased a new stake in Healthpeak Properties during the third quarter worth approximately $6,123,000. Baird Financial Group Inc. increased its position in shares of Healthpeak Properties by 38.5% in the second quarter. Baird Financial Group Inc. now owns 402,466 shares of the real estate investment trust’s stock worth $7,047,000 after acquiring an additional 111,807 shares in the last quarter. Finally, Trust Co. of Toledo NA OH increased its position in shares of Healthpeak Properties by 8,859.2% in the third quarter. Trust Co. of Toledo NA OH now owns 82,425 shares of the real estate investment trust’s stock worth $1,578,000 after acquiring an additional 81,505 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DOC shares. Argus lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Robert W. Baird lowered their target price on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 12th. Evercore dropped their target price on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group began coverage on Healthpeak Properties in a research report on Friday, January 9th. They set a “neutral” rating and a $17.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $19.42.

Healthpeak Properties Trading Up 1.1%

NYSE:DOC opened at $16.86 on Monday. The stock has a market cap of $11.72 billion, a price-to-earnings ratio of 168.62, a price-to-earnings-growth ratio of 9.04 and a beta of 1.12. Healthpeak Properties, Inc. has a one year low of $15.71 and a one year high of $21.28. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.82 and a current ratio of 2.82. The business’s 50-day simple moving average is $16.87 and its 200 day simple moving average is $17.58.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The firm had revenue of $719.40 million during the quarter, compared to analyst estimates of $685.14 million. During the same quarter last year, the firm earned $0.46 EPS. Healthpeak Properties’s quarterly 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. As a group, sell-side analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

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