Strs Ohio Sells 350,471 Shares of Healthpeak Properties, Inc. $DOC

Key Points

• Strs Ohio cut its Healthpeak stake by 16.2% in Q4, selling 350,471 shares and now holds 1,816,278 shares (~0.26% of the company) valued at about $29.21 million.
• Healthpeak declared a monthly dividend of $0.1017 per share (ex-dividend June 15), implying a ~7.4% yield but with a very high payout ratio (1,220%), which may signal sustainability risk.
• Analysts have a consensus rating of Hold with an average price target of $18.04 while DOC trades near $16.44; the company recently beat quarterly EPS/revenue and set FY2026 EPS guidance of 1.700–1.740 (consensus 1.74).

Strs Ohio reduced its position in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 16.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,816,278 shares of the real estate investment trust's stock after selling 350,471 shares during the period. Strs Ohio owned approximately 0.26% of Healthpeak Properties worth $29,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DOC. Integrated Wealth Concepts LLC lifted its holdings in Healthpeak Properties by 7.3% in the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust's stock valued at $366,000 after acquiring an additional 1,231 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Healthpeak Properties by 110.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust's stock valued at $2,463,000 after purchasing an additional 63,930 shares during the period. Woodline Partners LP grew its stake in shares of Healthpeak Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust's stock valued at $1,195,000 after purchasing an additional 17,279 shares during the period. Brown Advisory Inc. increased its position in shares of Healthpeak Properties by 3.1% during the 2nd quarter. Brown Advisory Inc. now owns 46,770 shares of the real estate investment trust's stock valued at $819,000 after purchasing an additional 1,415 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Healthpeak Properties in the 2nd quarter worth approximately $3,117,000. Institutional investors own 93.57% of the company's stock.

Analyst Ratings Changes

DOC has been the topic of a number of research reports. Evercore dropped their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an "outperform" rating on the stock in a report on Wednesday, February 4th. The Goldman Sachs Group assumed coverage on shares of Healthpeak Properties in a report on Friday, January 9th. They set a "neutral" rating and a $17.00 target price for the company. Scotiabank upgraded shares of Healthpeak Properties to a "hold" rating in a research report on Thursday, April 23rd. UBS Group started coverage on shares of Healthpeak Properties in a research note on Monday, April 20th. They set a "neutral" rating and a $17.00 price target on the stock. Finally, Argus downgraded shares of Healthpeak Properties from a "buy" rating to a "hold" rating in a research report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $18.04.

Healthpeak Properties Stock Up 1.7%

NYSE DOC opened at $16.44 on Friday. Healthpeak Properties, Inc. has a 12 month low of $15.70 and a 12 month high of $19.68. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21. The stock has a market cap of $11.43 billion, a PE ratio of 164.42, a P/E/G ratio of 2.27 and a beta of 1.00. The stock's 50 day moving average is $16.94 and its 200 day moving average is $17.16.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the previous year, the firm posted $0.46 EPS. Healthpeak Properties'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. Research analysts predict that Healthpeak Properties, Inc. will post 1.74 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.1017 per share. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Monday, June 15th. Healthpeak Properties's dividend payout ratio (DPR) 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.

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