Lasalle Investment Management Securities LLC Buys 59,865 Shares of Healthpeak Properties, Inc. $DOC

Lasalle Investment Management Securities LLC lifted its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 12.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 533,956 shares of the real estate investment trust’s stock after purchasing an additional 59,865 shares during the period. Lasalle Investment Management Securities LLC owned 0.08% of Healthpeak Properties worth $10,225,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Mather Group LLC. purchased a new stake in Healthpeak Properties in the third quarter worth $25,000. City Holding Co. bought a new position in shares of Healthpeak Properties during the 3rd quarter worth $26,000. Rexford Capital Inc. purchased a new stake in Healthpeak Properties in the 2nd quarter worth about $28,000. Sound Income Strategies LLC bought a new stake in Healthpeak Properties in the 3rd quarter valued at about $28,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Healthpeak Properties during the second quarter valued at about $32,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Trading Up 0.9%

DOC opened at $17.67 on Friday. The business has a 50 day simple moving average of $16.93 and a two-hundred day simple moving average of $17.57. Healthpeak Properties, Inc. has a one year low of $15.71 and a one year high of $21.28. The firm has a market capitalization of $12.28 billion, a price-to-earnings ratio of 176.71, a PEG ratio of 9.46 and a beta of 1.12. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82.

Healthpeak Properties (NYSE:DOC) last announced 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 return on equity of 0.84% and a net margin of 2.52%.The firm had revenue of $719.40 million during the quarter, compared to analyst estimates of $685.14 million. During the same quarter in the prior year, the company earned $0.46 EPS. The business’s revenue was up 3.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Analysts predict that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Announces Dividend

The company also recently declared 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 is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 6.9%. Healthpeak Properties’s payout ratio is presently 1,220.00%.

Analysts Set New Price Targets

Several research firms have recently weighed in on DOC. Weiss Ratings upgraded shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Cantor Fitzgerald set a $17.00 price objective on shares of Healthpeak Properties in a report on Monday, January 5th. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Argus lowered Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Finally, Robert W. Baird decreased their price objective on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Company 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.