Rockefeller Capital Management L.P. Increases Stock Position in Healthpeak Properties, Inc. $DOC

Rockefeller Capital Management L.P. raised its position in Healthpeak Properties, Inc. (NYSE:DOC) by 56.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 156,302 shares of the real estate investment trust’s stock after acquiring an additional 56,467 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Healthpeak Properties were worth $2,737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. TCTC Holdings LLC grew its stake in shares of Healthpeak Properties by 124.3% in the first quarter. TCTC Holdings LLC now owns 1,355 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 751 shares during the last quarter. Brooklyn Investment Group lifted its holdings in Healthpeak Properties by 198.9% in the 1st quarter. Brooklyn Investment Group now owns 1,312 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 873 shares during the period. Dagco Inc. bought a new stake in shares of Healthpeak Properties in the 1st quarter worth approximately $30,000. AlphaQuest LLC purchased a new position in shares of Healthpeak Properties during the second quarter valued at approximately $34,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Healthpeak Properties during the second quarter valued at approximately $34,000. 93.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DOC has been the topic of several recent analyst reports. Morgan Stanley cut their price target on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Wells Fargo & Company cut their target price on shares of Healthpeak Properties from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 27th. Cantor Fitzgerald assumed coverage on shares of Healthpeak Properties in a research report on Wednesday, October 1st. They set a “neutral” rating and a $20.00 price target on the stock. Robert W. Baird decreased their price target on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 12th. Finally, Evercore ISI set a $22.00 price objective on Healthpeak Properties in a research report on Monday, September 15th. Seven research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.82.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $17.83 on Monday. The company has a market capitalization of $12.39 billion, a price-to-earnings ratio of -356.53, a price-to-earnings-growth ratio of 3.84 and a beta of 1.10. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.28 and a current ratio of 1.22. Healthpeak Properties, Inc. has a one year low of $16.63 and a one year high of $22.71. The company’s 50-day moving average is $18.29 and its 200 day moving average is $17.83.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $705.87 million during the quarter, compared to analysts’ expectations of $681.65 million. Healthpeak Properties had a negative net margin of 1.36% and a negative return on equity of 0.44%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.45 earnings per share. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Sell-side analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 19th will be given a $0.1017 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) annualized dividend and a yield of 6.8%. Healthpeak Properties’s dividend payout ratio is -2,440.00%.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.