NewEdge Advisors LLC Boosts Holdings in Healthpeak Properties, Inc. $DOC

NewEdge Advisors LLC boosted its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 1,063.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 118,828 shares of the real estate investment trust’s stock after buying an additional 108,615 shares during the quarter. NewEdge Advisors LLC’s holdings in Healthpeak Properties were worth $1,952,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fiduciary Trust Co raised its position in Healthpeak Properties by 4.9% in the third quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock worth $264,000 after acquiring an additional 644 shares during the period. Quadrant Capital Group LLC grew its position in shares of Healthpeak Properties by 1.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 37,650 shares of the real estate investment trust’s stock valued at $721,000 after acquiring an additional 718 shares during the period. Quantum Portfolio Management LLC grew its position in shares of Healthpeak Properties by 2.5% during the 1st quarter. Quantum Portfolio Management LLC now owns 29,372 shares of the real estate investment trust’s stock valued at $483,000 after acquiring an additional 728 shares during the period. Intrua Financial LLC increased its stake in shares of Healthpeak Properties by 1.1% in the 1st quarter. Intrua Financial LLC now owns 66,702 shares of the real estate investment trust’s stock worth $1,096,000 after purchasing an additional 744 shares in the last quarter. Finally, Revisor Wealth Management LLC increased its stake in shares of Healthpeak Properties by 3.9% in the 1st quarter. Revisor Wealth Management LLC now owns 19,644 shares of the real estate investment trust’s stock worth $323,000 after purchasing an additional 745 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DOC shares. BMO Capital Markets raised their target price on Healthpeak Properties from $20.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Wells Fargo & Company boosted their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Cantor Fitzgerald upped their price target on Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Royal Bank Of Canada raised their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, Citigroup lifted their price objective on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat, Healthpeak Properties presently has an average rating of “Hold” and an average price target of $21.44.

Healthpeak Properties Stock Performance

Shares of NYSE DOC opened at $20.78 on Friday. The stock has a market cap of $14.33 billion, a PE ratio of 59.38, a price-to-earnings-growth ratio of 3.20 and a beta of 1.01. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year high of $22.95. The firm has a fifty day moving average price of $21.33 and a 200-day moving average price of $18.90. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02.

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

Healthpeak Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be issued a dividend of $0.1017 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 348.57%.

About Healthpeak Properties

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.