Pensionfund Sabic Purchases Shares of 94,755 Healthpeak Properties, Inc. $DOC

Pensionfund Sabic acquired a new position in Healthpeak Properties, Inc. (NYSE:DOC) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 94,755 shares of the real estate investment trust’s stock, valued at approximately $1,524,000.

Other large investors have also modified their holdings of the company. Vanderbilt University acquired a new position in shares of Healthpeak Properties during the third quarter valued at about $1,263,000. Northside Capital Management LLC bought a new stake in shares of Healthpeak Properties in the third quarter valued at about $6,123,000. Baird Financial Group Inc. grew its position in Healthpeak Properties by 38.5% during the second quarter. Baird Financial Group Inc. now owns 402,466 shares of the real estate investment trust’s stock worth $7,047,000 after buying an additional 111,807 shares in the last quarter. Argent Advisors Inc. bought a new position in Healthpeak Properties during the third quarter valued at about $1,536,000. Finally, Twin City Private Wealth LLC acquired a new position in Healthpeak Properties in the 3rd quarter valued at approximately $1,148,000. 93.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on DOC shares. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Argus lowered Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Jefferies Financial Group cut Healthpeak Properties from a “buy” rating to a “hold” rating and reduced their target price for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Evercore decreased their price target on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, The Goldman Sachs Group began coverage on shares of Healthpeak Properties in a report on Friday, January 9th. They issued a “neutral” rating and a $17.00 price target on the stock. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Healthpeak Properties presently has an average rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $16.68 on Wednesday. The firm has a market capitalization of $11.59 billion, a P/E ratio of 166.78, a P/E/G ratio of 9.19 and a beta of 1.12. The stock has a fifty day moving average price of $17.26 and a two-hundred day moving average price of $17.53. Healthpeak Properties, Inc. has a 52-week low of $15.71 and a 52-week high of $20.52. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.82 and a quick ratio of 2.82.

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, 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 company 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 company earned $0.46 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a $0.1017 dividend. The ex-dividend date is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 7.3%. Healthpeak Properties’s payout ratio is 1,220.00%.

About Healthpeak Properties

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.