JPMorgan Chase & Co. Has $540.73 Million Stake in Healthpeak Properties, Inc. $DOC

JPMorgan Chase & Co. grew its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 41.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,236,534 shares of the real estate investment trust’s stock after acquiring an additional 8,212,504 shares during the period. JPMorgan Chase & Co. owned 4.06% of Healthpeak Properties worth $540,730,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. CIBC Bancorp USA Inc. acquired a new position in shares of Healthpeak Properties in the 3rd quarter valued at about $5,333,000. Centaurus Financial Inc. increased its holdings in Healthpeak Properties by 82.7% in the third quarter. Centaurus Financial Inc. now owns 19,744 shares of the real estate investment trust’s stock worth $378,000 after purchasing an additional 8,937 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Healthpeak Properties by 28.0% in the third quarter. Sunbelt Securities Inc. now owns 10,204 shares of the real estate investment trust’s stock valued at $195,000 after buying an additional 2,231 shares during the period. Coldstream Capital Management Inc. lifted its stake in Healthpeak Properties by 16.7% in the third quarter. Coldstream Capital Management Inc. now owns 34,646 shares of the real estate investment trust’s stock valued at $663,000 after buying an additional 4,970 shares during the period. Finally, Danske Bank A S bought a new position in shares of Healthpeak Properties during the 3rd quarter worth approximately $7,411,000. 93.57% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Robert W. Baird lowered their price objective 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. Argus cut shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Jefferies Financial Group lowered shares of 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. Wells Fargo & Company reissued a “positive” rating on shares of Healthpeak Properties in a research report on Tuesday, February 3rd. Finally, Weiss Ratings raised Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Stock Down 0.6%

Healthpeak Properties stock opened at $17.12 on Thursday. Healthpeak Properties, Inc. has a 1-year low of $15.71 and a 1-year high of $21.28. The firm has a market capitalization of $11.90 billion, a price-to-earnings ratio of 171.17, a price-to-earnings-growth ratio of 9.24 and a beta of 1.12. The firm’s fifty day moving average price is $16.81 and its two-hundred day moving average price is $17.55. 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 posted its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 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 during the quarter, compared to the consensus estimate of $685.14 million. During the same period in the previous year, the firm posted $0.46 earnings per share. The firm’s revenue for the quarter 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 predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders 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) annualized dividend and a dividend yield of 7.1%. Healthpeak Properties’s dividend payout ratio is 1,220.00%.

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.