Healthpeak Properties, Inc. $DOC Stake Reduced by Fifth Third Bancorp

Fifth Third Bancorp trimmed its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 674,986 shares of the real estate investment trust’s stock after selling 46,738 shares during the quarter. Fifth Third Bancorp’s holdings in Healthpeak Properties were worth $14,445,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Healthpeak Properties from $18.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Barclays started coverage on Healthpeak Properties in a report on Tuesday, July 7th. They set an “equal weight” rating and a $23.00 target price for the company. Citigroup increased their price target on Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Healthpeak Properties in a research note on Wednesday, August 5th. Finally, Morgan Stanley restated an “equal weight” rating and set a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a report on Thursday, June 11th. 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.44.

Healthpeak Properties Stock Down 0.1%

Shares of Healthpeak Properties stock opened at $20.78 on Friday. Healthpeak Properties, Inc. has a 1 year low of $15.70 and a 1 year high of $22.95. The company has a market cap of $14.33 billion, a P/E ratio of 59.38, a P/E/G ratio of 3.20 and a beta of 1.01. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average price of $21.33 and a 200 day moving average price of $18.90.

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 company had revenue of $771.58 million for the quarter, compared to analysts’ expectations of $725.64 million. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, analysts expect that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Announces Dividend

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