Healthpeak Properties, Inc. $DOC Shares Bought by Sterling Capital Management LLC

Sterling Capital Management LLC raised its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 149.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,064 shares of the real estate investment trust’s stock after buying an additional 31,199 shares during the period. Sterling Capital Management LLC’s holdings in Healthpeak Properties were worth $1,040,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. State Street Corp raised its holdings in shares of Healthpeak Properties by 92.3% in the 2nd quarter. State Street Corp now owns 93,267,685 shares of the real estate investment trust’s stock valued at $1,995,928,000 after buying an additional 44,767,085 shares during the period. Bank of New York Mellon Corp boosted its holdings in Healthpeak Properties by 60.3% during the 1st quarter. Bank of New York Mellon Corp now owns 15,456,420 shares of the real estate investment trust’s stock valued at $253,949,000 after acquiring an additional 5,815,189 shares during the period. Bank of America Corp DE boosted its holdings in Healthpeak Properties by 27.5% during the 1st quarter. Bank of America Corp DE now owns 11,887,795 shares of the real estate investment trust’s stock valued at $195,316,000 after acquiring an additional 2,563,407 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Healthpeak Properties by 2.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,583,736 shares of the real estate investment trust’s stock valued at $173,896,000 after acquiring an additional 290,589 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Healthpeak Properties by 83.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,761,469 shares of the real estate investment trust’s stock valued at $166,095,000 after acquiring an additional 3,530,429 shares in the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Healthpeak Properties Stock Up 0.4%

Shares of NYSE DOC opened at $19.34 on Tuesday. The stock has a market cap of $13.33 billion, a P/E ratio of 10.46, a PEG ratio of 2.38 and a beta of 1.01. The business’s fifty day simple moving average is $20.05 and its 200-day simple moving average is $19.10. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $22.95. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06.

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

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Friday, December 18th will be paid a $0.1017 dividend. This represents a $1.22 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, December 18th. Healthpeak Properties’s dividend payout ratio (DPR) is presently 348.57%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Wells Fargo & Company dropped their target price on Healthpeak Properties from $22.00 to $19.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Citigroup increased their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Barclays lowered their price objective on shares of 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. Royal Bank Of Canada raised their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Finally, Cantor Fitzgerald lifted their price objective on shares of Healthpeak Properties from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $21.60.

Healthpeak Properties 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.