Healthpeak Properties, Inc. $DOC Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC trimmed its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 14.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,441,421 shares of the real estate investment trust's stock after selling 407,715 shares during the period. Douglas Lane & Associates LLC owned 0.35% of Healthpeak Properties worth $49,736,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DOC. Clearstead Trust LLC raised its position in shares of Healthpeak Properties by 66.7% during the 2nd quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 543 shares during the last quarter. Security National Bank of SO Dak acquired a new stake in Healthpeak Properties in the 2nd quarter worth about $32,000. Avalon Trust Co purchased a new stake in Healthpeak Properties during the 1st quarter worth approximately $34,000. Markowski Investments purchased a new stake in Healthpeak Properties during the 2nd quarter worth approximately $38,000. Finally, First Bancorp Inc ME acquired a new position in shares of Healthpeak Properties during the second quarter valued at approximately $43,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on Healthpeak Properties from $18.00 to $21.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 24th. Robert W. Baird increased their price objective on Healthpeak Properties from $21.00 to $24.00 and gave the company an "outperform" rating in a research note on Thursday, August 13th. Weiss Ratings lowered Healthpeak Properties from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, September 16th. Barclays lifted their target price on shares of Healthpeak Properties from $23.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Monday, August 31st. Finally, Wells Fargo & Company increased their target price on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 15th. 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, Healthpeak Properties presently has a consensus rating of "Hold" and a consensus price target of $22.10.

Healthpeak Properties Trading Up 1.4%

NYSE DOC traded up $0.27 on Friday, reaching $18.79. 1,436,532 shares of the company were exchanged, compared to its average volume of 7,803,052. The business's fifty day moving average price is $20.58 and its 200 day moving average price is $19.80. The stock has a market capitalization of $12.95 billion, a P/E ratio of 53.66, a price-to-earnings-growth ratio of 2.31 and a beta of 1.01. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 1.06. Healthpeak Properties, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $22.95.

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

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Friday, December 18th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.22 dividend on an annualized basis and a yield of 6.5%. Healthpeak Properties's payout ratio is 348.57%.

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. Its portfolio primarily includes outpatient medical office buildings, life science facilities and other properties designed to support healthcare providers, researchers and related businesses.

The company's outpatient medical office properties are generally located near hospitals and health systems and accommodate physicians, specialty clinics, ambulatory services and other healthcare users.

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