3,530,429 Healthpeak Properties, Inc. $DOC Shares Bought by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management increased its Healthpeak Properties stake by 83.4%, purchasing 3.53 million shares in the second quarter and bringing its holdings to 7.76 million shares valued at approximately $166.1 million.
• Healthpeak reported quarterly EPS of $0.08, beating estimates by $0.05, while revenue rose 11.1% year over year to $771.6 million. The REIT also maintains FY 2026 EPS guidance of $1.73–$1.77.
• The company pays a monthly dividend of $0.1017 per share, equivalent to an annualized $1.22 and a 6.0% yield. Analysts remain broadly neutral, with a consensus “Hold” rating and an average price target of $22.10.

Envestnet Asset Management Inc. raised its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 83.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,761,469 shares of the real estate investment trust's stock after purchasing an additional 3,530,429 shares during the period. Envestnet Asset Management Inc. owned approximately 1.13% of Healthpeak Properties worth $166,095,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DOC. JPMorgan Chase & Co. boosted its holdings in shares of Healthpeak Properties by 8.6% during the 4th quarter. JPMorgan Chase & Co. now owns 30,674,812 shares of the real estate investment trust's stock valued at $493,251,000 after acquiring an additional 2,438,278 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Healthpeak Properties by 1,063.5% in the 1st quarter. NewEdge Advisors LLC now owns 118,828 shares of the real estate investment trust's stock valued at $1,952,000 after purchasing an additional 108,615 shares during the last quarter. Allstate Corp grew its holdings in Healthpeak Properties by 134.4% during the 4th quarter. Allstate Corp now owns 100,345 shares of the real estate investment trust's stock worth $1,614,000 after acquiring an additional 57,528 shares during the period. Legal & General Group Plc increased its holdings in Healthpeak Properties by 9.0% in the fourth quarter. Legal & General Group Plc now owns 7,051,114 shares of the real estate investment trust's stock worth $113,382,000 after purchasing an additional 580,870 shares in the last quarter. Finally, WINTON GROUP Ltd increased its stake in shares of Healthpeak Properties by 568.3% in the 4th quarter. WINTON GROUP Ltd now owns 133,210 shares of the real estate investment trust's stock valued at $2,142,000 after acquiring an additional 113,276 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

Healthpeak Properties Trading Up 0.2%

DOC stock opened at $20.30 on Friday. The firm's 50-day moving average is $21.13 and its 200 day moving average is $19.65. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02. Healthpeak Properties, Inc. has a 12 month low of $15.70 and a 12 month high of $22.95. The company has a market capitalization of $14.00 billion, a PE ratio of 58.01, a P/E/G ratio of 2.50 and a beta of 1.01.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.05. Healthpeak Properties had a net margin of 8.24% and a return on equity of 2.79%. The company had revenue of $771.58 million for the quarter, compared to analyst estimates of $725.64 million. During the same period last year, the company posted $0.46 earnings per share. Healthpeak Properties's revenue was up 11.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, research analysts anticipate that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 14th were given a dividend of $0.1017 per share. The ex-dividend date was Monday, September 14th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.0%. Healthpeak Properties's dividend payout ratio (DPR) is 348.57%.

Analyst Upgrades and Downgrades

DOC has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on Healthpeak Properties from $18.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, June 24th. Barclays increased their price objective on Healthpeak Properties from $23.00 to $24.00 and gave the company an "equal weight" rating in a report on Monday, August 31st. Robert W. Baird raised their price objective on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an "outperform" rating in a report on Thursday, August 13th. Royal Bank Of Canada increased their price target on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, August 10th. Finally, Weiss Ratings cut Healthpeak Properties from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, September 16th. Four analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, Healthpeak Properties has a consensus rating of "Hold" and an average target price of $22.10.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc NYSE: DOC is a real estate investment trust that owns, develops, leases and manages healthcare-related properties in the United States. The company focuses primarily on outpatient medical buildings, which are leased to healthcare providers, physician groups and other medical users.

Healthpeak's portfolio also includes life science and senior housing properties, although its business has increasingly centered on outpatient medical real estate. Its properties are generally located in established healthcare markets and are designed to support services such as physician offices, specialty care, diagnostics and ambulatory treatment.

The company was formerly known as HCP, Inc and adopted the Healthpeak Properties name in 2019.

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