Nuance Investments LLC Sells 81,634 Shares of Healthpeak Properties, Inc. $DOC

Nuance Investments LLC lessened its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 35.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 147,135 shares of the real estate investment trust’s stock after selling 81,634 shares during the period. Nuance Investments LLC’s holdings in Healthpeak Properties were worth $3,149,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Clearstead Trust LLC raised its position in shares of Healthpeak Properties by 66.7% during the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 543 shares during the last quarter. Advocate Investing Services LLC bought a new stake in Healthpeak Properties in the fourth quarter valued at approximately $26,000. WPG Advisers LLC boosted its holdings in Healthpeak Properties by 270.2% in the fourth quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 1,197 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Healthpeak Properties during the 2nd quarter valued at approximately $33,000. Finally, Clearstead Advisors LLC increased its position in 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 purchasing an additional 1,216 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Healthpeak Properties Stock Down 0.9%

Shares of NYSE DOC opened at $20.60 on Tuesday. The firm has a market cap of $14.20 billion, a PE ratio of 58.86, a P/E/G ratio of 3.20 and a beta of 1.01. Healthpeak Properties, Inc. has a 12-month low of $15.70 and a 12-month high of $22.95. The company’s fifty day simple moving average is $21.35 and its 200 day simple moving average is $18.93. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06.

Healthpeak Properties (NYSE:DOC) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The business had revenue of $771.58 million during the quarter, compared to analysts’ expectations of $725.64 million. During the same period last year, the company posted $0.46 earnings per share. The business’s quarterly revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, sell-side analysts forecast that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DOC. UBS Group boosted their price target on shares of Healthpeak Properties from $19.00 to $21.50 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada increased their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Wells Fargo & Company lifted their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Citigroup boosted their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Finally, Evercore cut shares of Healthpeak Properties from an “outperform” rating to an “in-line” rating and set a $21.00 price target on the stock. in a research report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $21.44.

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.