Healthpeak Properties, Inc. $DOC Shares Sold by GW&K Investment Management LLC

GW&K Investment Management LLC reduced its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,658,196 shares of the real estate investment trust’s stock after selling 87,112 shares during the quarter. GW&K Investment Management LLC owned about 0.24% of Healthpeak Properties worth $31,755,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in Healthpeak Properties by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 10,228,560 shares of the real estate investment trust’s stock valued at $195,873,000 after buying an additional 400,900 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Healthpeak Properties by 0.6% in the 3rd quarter. Victory Capital Management Inc. now owns 494,836 shares of the real estate investment trust’s stock valued at $9,476,000 after acquiring an additional 3,125 shares during the last quarter. Manske Wealth Management boosted its position in shares of Healthpeak Properties by 5.3% during the 3rd quarter. Manske Wealth Management now owns 18,348 shares of the real estate investment trust’s stock valued at $351,000 after purchasing an additional 919 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at about $704,000. Finally, Elo Mutual Pension Insurance Co acquired a new position in shares of Healthpeak Properties in the 3rd quarter worth approximately $1,720,000. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on DOC shares. Evercore cut their target price on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings upgraded Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. Wells Fargo & Company reissued a “positive” rating on shares of Healthpeak Properties in a research note on Tuesday, February 3rd. Cantor Fitzgerald set a $17.00 target price on Healthpeak Properties in a research report on Monday, January 5th. Finally, Jefferies Financial Group downgraded Healthpeak Properties from a “buy” rating to a “hold” rating and reduced their target price for the company from $21.00 to $17.00 in a report on Monday, December 15th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $19.42.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $17.41 on Friday. The company’s fifty day moving average is $17.06 and its two-hundred day moving average is $17.57. The company has a market cap of $12.10 billion, a P/E ratio of 174.12, a price-to-earnings-growth ratio of 9.45 and a beta of 1.12. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC) last issued 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. The business had revenue of $719.40 million during the quarter, compared to analysts’ expectations of $685.14 million. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.Healthpeak Properties’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Equities analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a $0.1017 dividend. The ex-dividend date is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. Healthpeak Properties’s dividend payout ratio is currently 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.