Healthpeak Properties, Inc. (NYSE:DOC) Given Average Recommendation of “Hold” by Brokerages

Shares of Healthpeak Properties, Inc. (NYSE:DOC) have earned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $19.4167.

A number of research firms recently issued reports on DOC. Cantor Fitzgerald set a $17.00 price target on Healthpeak Properties in a report on Monday, January 5th. Weiss Ratings raised shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Wells Fargo & Company reissued a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Jefferies Financial Group lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating and lowered their price target for the company from $21.00 to $17.00 in a report on Monday, December 15th. Finally, The Goldman Sachs Group started coverage on Healthpeak Properties in a report on Friday, January 9th. They set a “neutral” rating and a $17.00 price objective on the stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Norges Bank acquired a new stake in Healthpeak Properties in the fourth quarter worth $153,550,000. JPMorgan Chase & Co. increased its position in shares of Healthpeak Properties by 41.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,236,534 shares of the real estate investment trust’s stock valued at $540,730,000 after buying an additional 8,212,504 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Healthpeak Properties by 694.6% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,016,692 shares of the real estate investment trust’s stock valued at $153,520,000 after buying an additional 7,007,777 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in Healthpeak Properties by 19.2% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 29,648,260 shares of the real estate investment trust’s stock worth $476,744,000 after buying an additional 4,776,056 shares during the period. Finally, Equity Investment Corp lifted its holdings in Healthpeak Properties by 209.6% during the third quarter. Equity Investment Corp now owns 5,330,948 shares of the real estate investment trust’s stock worth $102,088,000 after acquiring an additional 3,608,849 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $16.70 on Tuesday. The stock has a market capitalization of $11.60 billion, a P/E ratio of 166.97, a price-to-earnings-growth ratio of 8.96 and a beta of 1.12. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21. Healthpeak Properties has a 1 year low of $15.71 and a 1 year high of $21.28. The firm has a 50 day moving average of $16.79 and a 200-day moving average of $17.55.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results 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. The firm had revenue of $719.40 million during the quarter, compared to analysts’ expectations of $685.14 million. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The business’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, sell-side analysts anticipate that Healthpeak Properties will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

The company 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 dividend of $0.1017 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is 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.