Hsbc Holdings PLC Boosts Stock Position in Healthpeak Properties, Inc. $DOC

Hsbc Holdings PLC raised its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 7.1% in the fourth quarter, Holdings Channel reports. The firm owned 3,262,602 shares of the real estate investment trust’s stock after purchasing an additional 217,394 shares during the period. Hsbc Holdings PLC’s holdings in Healthpeak Properties were worth $52,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Fiduciary Trust Co grew its position in Healthpeak Properties by 4.9% during the third quarter. Fiduciary Trust Co now owns 13,807 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 644 shares during the period. Patton Fund Management Inc. boosted its stake in Healthpeak Properties by 5.2% in the fourth quarter. Patton Fund Management Inc. now owns 13,002 shares of the real estate investment trust’s stock valued at $209,000 after acquiring an additional 648 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Healthpeak Properties by 1.9% in the third 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 last quarter. New Mexico Educational Retirement Board grew its position in shares of Healthpeak Properties by 2.5% during the 4th quarter. New Mexico Educational Retirement Board now owns 32,200 shares of the real estate investment trust’s stock valued at $518,000 after acquiring an additional 800 shares during the period. Finally, Arjuna Capital grew its position in shares of Healthpeak Properties by 5.7% during the 4th quarter. Arjuna Capital now owns 15,606 shares of the real estate investment trust’s stock valued at $251,000 after acquiring an additional 838 shares during the period. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DOC has been the topic of a number of research reports. Wells Fargo & Company lifted their price target on shares of Healthpeak Properties from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Evercore lowered Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price objective for the company. in a report on Monday, May 11th. Raymond James Financial started coverage on Healthpeak Properties in a research report on Wednesday, June 17th. They issued a “market perform” rating for the company. Weiss Ratings raised Healthpeak Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, UBS Group boosted their price objective on Healthpeak Properties from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $19.86.

Insiders Place Their Bets

In other news, insider Scott R. Bohn sold 10,989 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $19.45, for a total transaction of $213,736.05. Following the sale, the insider directly owned 7,636 shares in the company, valued at $148,520.20. This represents a 59.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.23% of the stock is owned by insiders.

Healthpeak Properties Stock Up 3.0%

Healthpeak Properties stock opened at $20.57 on Wednesday. The firm has a 50 day simple moving average of $18.80 and a 200 day simple moving average of $17.58. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.15. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $20.82. The firm has a market capitalization of $14.18 billion, a price-to-earnings ratio of 64.28, a P/E/G ratio of 3.11 and a beta of 1.05.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The firm had revenue of $752.95 million during the quarter, compared to analyst estimates of $694.59 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. On average, analysts predict that Healthpeak Properties, Inc. will post 1.75 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 15th will be paid a $0.1017 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 5.9%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 381.25%.

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.