KBC Group NV Cuts Holdings in Healthpeak Properties, Inc. $DOC

KBC Group NV trimmed its position in Healthpeak Properties, Inc. (NYSE:DOC) by 56.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,798 shares of the real estate investment trust’s stock after selling 72,605 shares during the quarter. KBC Group NV’s holdings in Healthpeak Properties were worth $1,194,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. WPG Advisers LLC boosted its stake in Healthpeak Properties by 270.2% during the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,197 shares during the last quarter. Advocate Investing Services LLC bought a new stake in Healthpeak Properties in the 4th quarter worth approximately $26,000. Elyxium Wealth LLC purchased a new stake in shares of Healthpeak Properties during the 4th quarter worth approximately $31,000. Clearstead Advisors LLC raised its holdings in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,216 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Healthpeak Properties during the 2nd quarter valued at approximately $33,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DOC shares. Wells Fargo & Company raised their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Citigroup upped their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday. BMO Capital Markets increased their price objective on shares of Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Healthpeak Properties in a research note on Wednesday, August 5th. Finally, Mizuho boosted their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Four analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of “Hold” and an average price target of $21.44.

Healthpeak Properties Price Performance

NYSE:DOC opened at $20.78 on Friday. The firm has a market capitalization of $14.33 billion, a price-to-earnings ratio of 59.38, a PEG ratio of 3.20 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. The business has a 50 day simple moving average of $21.33 and a 200-day simple moving average of $18.90. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year high of $22.95.

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 the consensus estimate of $0.03 by $0.05. The firm had revenue of $771.58 million for 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%.The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities analysts forecast that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Dividend Announcement

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

Healthpeak Properties 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.