Federated Hermes Inc. Has $57,000 Position in Healthpeak Properties, Inc. $DOC

Federated Hermes Inc. cut its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 99.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,970 shares of the real estate investment trust’s stock after selling 1,015,306 shares during the period. Federated Hermes Inc.’s holdings in Healthpeak Properties were worth $57,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on DOC shares. Robert W. Baird decreased their price objective on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Evercore decreased their price target on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Jefferies Financial Group downgraded Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Argus lowered Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, The Goldman Sachs Group assumed coverage on Healthpeak Properties in a research note on Friday, January 9th. They set a “neutral” rating and a $17.00 target price for the company. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $19.42.

Healthpeak Properties Trading Up 1.0%

DOC opened at $17.00 on Wednesday. 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, Inc. has a fifty-two week low of $15.71 and a fifty-two week high of $21.28. The company’s 50 day moving average price is $16.82 and its two-hundred day moving average price is $17.56. The firm has a market capitalization of $11.82 billion, a price-to-earnings ratio of 170.02, a PEG ratio of 9.04 and a beta of 1.12.

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

Healthpeak Properties Dividend Announcement

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

Healthpeak Properties Company 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.