Healthpeak Properties (NYSE:DOC) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Healthpeak Properties, Inc. (NYSE:DOC) shares crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $19.11 and traded as low as $18.84. Healthpeak Properties shares last traded at $19.0250, with a volume of 5,132,329 shares.

Wall Street Analyst Weigh In

Several research firms have commented on DOC. Barclays reduced their price objective on Healthpeak Properties from $24.00 to $21.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Wells Fargo & Company lowered their price objective on shares of Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Citigroup boosted their price objective on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Mizuho upped their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Finally, Jefferies Financial Group started coverage on shares of Healthpeak Properties in a report on Tuesday, September 15th. They issued a “hold” rating and a $21.00 target price on the stock. Four equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Healthpeak Properties currently has a consensus rating of “Hold” and an average price target of $21.60.

Healthpeak Properties Stock Up 2.1%

The firm’s 50-day moving average is $19.94 and its 200 day moving average is $19.13. The firm has a market capitalization of $13.06 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. The company had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%. Healthpeak Properties’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, research analysts forecast that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 30th. Investors of record on Friday, December 18th will be given a dividend of $0.1017 per share. The ex-dividend date is Friday, December 18th. This represents a $1.22 annualized dividend and a yield of 6.4%. Healthpeak Properties’s dividend payout ratio is 348.57%.

Institutional Trading of Healthpeak Properties

Institutional investors and hedge funds have recently made changes to their positions in the company. State of Wyoming acquired a new position in shares of Healthpeak Properties in the 3rd quarter valued at about $403,000. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in Healthpeak Properties by 69.1% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 303,083 shares of the real estate investment trust’s stock worth $6,053,000 after purchasing an additional 123,800 shares during the last quarter. D.A. Davidson & CO. boosted its stake in Healthpeak Properties by 5.9% during the 3rd quarter. D.A. Davidson & CO. now owns 246,771 shares of the real estate investment trust’s stock valued at $4,928,000 after acquiring an additional 13,833 shares during the last quarter. North Dakota State Investment Board grew its stake in Healthpeak Properties by 3.0% in the third quarter. North Dakota State Investment Board now owns 21,239 shares of the real estate investment trust’s stock worth $424,000 after purchasing an additional 624 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its stake in Healthpeak Properties by 2.6% during the third quarter. Asset Management One Co. Ltd. now owns 1,076,881 shares of the real estate investment trust’s stock valued at $21,505,000 after purchasing an additional 26,930 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc (NYSE:DOC) is a real estate investment trust that owns, operates and develops healthcare-related real estate in the United States. The company primarily serves healthcare providers, research organizations and senior-care operators through a portfolio of specialized properties.

Its main activities include the ownership and leasing of outpatient medical office buildings, life science facilities and senior housing properties. These assets support services such as physician practices, ambulatory care, medical research and senior living.