Healthpeak Properties, Inc. $DOC Shares Acquired by Davis Selected Advisers

Davis Selected Advisers lifted its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 14.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 446,866 shares of the real estate investment trust’s stock after acquiring an additional 57,680 shares during the period. Davis Selected Advisers’ holdings in Healthpeak Properties were worth $8,557,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Mather Group LLC. purchased a new stake in Healthpeak Properties in the 3rd quarter valued at $25,000. City Holding Co. acquired a new stake in Healthpeak Properties during the 3rd quarter worth $26,000. Rexford Capital Inc. purchased a new position in Healthpeak Properties during the 2nd quarter worth $28,000. Sound Income Strategies LLC purchased a new position in Healthpeak Properties during the 3rd quarter worth $28,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in Healthpeak Properties in the second quarter valued at $32,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DOC. Weiss Ratings raised shares of Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Argus lowered Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Evercore dropped their price target on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Jefferies Financial Group downgraded Healthpeak Properties from a “buy” rating to a “hold” rating and reduced their price objective for the company from $21.00 to $17.00 in a research note on Monday, December 15th. Finally, Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $19.42.

Healthpeak Properties Stock Down 1.4%

Shares of Healthpeak Properties stock opened at $17.40 on Thursday. Healthpeak Properties, Inc. has a one year low of $15.71 and a one year high of $20.81. The company has a market cap of $12.10 billion, a P/E ratio of 174.00, a PEG ratio of 9.45 and a beta of 1.12. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.82 and a current ratio of 2.82. The firm has a fifty day moving average of $17.24 and a two-hundred day moving average of $17.56.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating 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 business had revenue of $719.40 million for the quarter, compared to the consensus estimate of $685.14 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s payout ratio is currently 1,220.00%.

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.