LSV Asset Management Buys 87,431 Shares of Healthpeak Properties, Inc. $DOC

LSV Asset Management boosted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 54.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 248,643 shares of the real estate investment trust’s stock after buying an additional 87,431 shares during the quarter. LSV Asset Management’s holdings in Healthpeak Properties were worth $4,762,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DOC. Mather Group LLC. purchased a new position in shares of Healthpeak Properties during the 3rd quarter worth about $25,000. City Holding Co. bought a new stake in Healthpeak Properties in the third quarter worth about $26,000. Rexford Capital Inc. bought a new stake in Healthpeak Properties in the second quarter worth about $28,000. Sound Income Strategies LLC purchased a new position in shares of Healthpeak Properties during the third quarter valued at approximately $28,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Healthpeak Properties during the second quarter valued at approximately $32,000. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on DOC. Jefferies Financial Group cut Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price objective for the company from $21.00 to $17.00 in a report on Monday, December 15th. Robert W. Baird lowered their target price 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. Weiss Ratings upgraded shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Evercore decreased their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Argus downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $19.42.

Healthpeak Properties Stock Performance

Shares of Healthpeak Properties stock opened at $16.70 on Monday. Healthpeak Properties, Inc. has a 12 month low of $15.71 and a 12 month high of $21.28. The stock’s fifty day moving average price is $16.79 and its 200-day moving average price is $17.55. The firm has a market cap of $11.60 billion, a P/E ratio of 166.97, a P/E/G ratio of 8.96 and a beta of 1.12. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The company had revenue of $719.40 million for the quarter, compared to analysts’ expectations of $685.14 million. During the same period in the prior year, the business earned $0.46 EPS. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, equities research analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.1017 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 7.3%. Healthpeak Properties’s payout ratio is 1,220.00%.

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.