TD Asset Management Inc Lowers Holdings in Healthpeak Properties, Inc. $DOC

Key Points

• TD Asset Management cut its Healthpeak Properties stake by 62.4% in the second quarter, selling 183,537 shares and retaining 110,402 shares valued at approximately $2.36 million. Institutional investors collectively own 93.57% of the REIT.
• Healthpeak reported quarterly earnings of $0.08 per share, exceeding estimates by $0.05, while revenue rose 11.1% year over year to $771.58 million. The company maintained 2026 EPS guidance of $1.73–$1.77.
• The company declared a monthly dividend of $0.1017 per share, implying a 5.9% annualized yield. Analysts have a consensus “Hold” rating and an average price target of $21.44, compared with a recent share price of $20.78.

TD Asset Management Inc decreased its holdings in Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 62.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,402 shares of the real estate investment trust's stock after selling 183,537 shares during the period. TD Asset Management Inc's holdings in Healthpeak Properties were worth $2,363,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Advocate Investing Services LLC bought a new stake in Healthpeak Properties during the 4th quarter valued at approximately $26,000. WPG Advisers LLC lifted its holdings in Healthpeak Properties by 270.2% in the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 1,197 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Healthpeak Properties in the 2nd quarter worth approximately $33,000. Clearstead Advisors LLC boosted its stake in Healthpeak Properties by 166.3% in the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 1,216 shares during the period. Finally, Elyxium Wealth LLC purchased a new stake in Healthpeak Properties during the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Healthpeak Properties Stock Down 0.1%

NYSE DOC opened at $20.78 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02. The company has a market capitalization of $14.33 billion, a P/E ratio of 59.38, a P/E/G ratio of 3.20 and a beta of 1.01. Healthpeak Properties, Inc. has a one year low of $15.70 and a one year high of $22.95. The stock has a 50 day moving average price of $21.33 and a 200-day moving average price of $18.90.

Healthpeak Properties (NYSE:DOC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping 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 analysts' expectations of $725.64 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. Healthpeak Properties's quarterly revenue was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. As a group, equities analysts predict that Healthpeak Properties, Inc. will post 1.77 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be paid a $0.1017 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties's dividend payout ratio (DPR) is presently 348.57%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price objective 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. Royal Bank Of Canada upped their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an "outperform" rating in a research report on Monday, August 10th. Mizuho raised their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the company an "outperform" rating in a research note on Monday, July 6th. Citigroup lifted their price target on shares of Healthpeak Properties from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Tuesday. Finally, Raymond James Financial initiated coverage on shares of Healthpeak Properties in a research note on Wednesday, June 17th. They issued a "market perform" rating on the stock. Four analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $21.44.

Healthpeak Properties Company 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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