VIRGINIA RETIREMENT SYSTEMS ET Al Lowers Stock Holdings in Healthpeak Properties, Inc. $DOC

VIRGINIA RETIREMENT SYSTEMS ET Al cut its holdings in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 84.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 115,940 shares of the real estate investment trust’s stock after selling 647,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Healthpeak Properties were worth $2,220,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Rexford Capital Inc. purchased a new stake in Healthpeak Properties in the 2nd quarter valued at about $28,000. Sound Income Strategies LLC acquired a new stake in shares of Healthpeak Properties in the third quarter worth approximately $28,000. Elevation Point Wealth Partners LLC purchased a new stake in Healthpeak Properties in the second quarter valued at approximately $32,000. CYBER HORNET ETFs LLC purchased a new stake in Healthpeak Properties in the second quarter valued at approximately $33,000. Finally, AlphaQuest LLC acquired a new position in Healthpeak Properties during the second quarter worth approximately $34,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DOC has been the subject of several research reports. Robert W. Baird lowered their price objective on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 12th. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 target price on the stock in a report on Monday, September 15th. Wells Fargo & Company boosted their price target on Healthpeak Properties from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald assumed coverage on Healthpeak Properties in a report on Wednesday, October 1st. They issued a “neutral” rating and a $20.00 price objective on the stock. Finally, Jefferies Financial Group lowered Healthpeak Properties from a “buy” rating to a “hold” rating and reduced their price objective for the company from $21.00 to $17.00 in a research note on Monday, December 15th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $20.18.

Healthpeak Properties Stock Up 0.7%

Shares of NYSE DOC opened at $16.20 on Friday. The stock has a fifty day moving average price of $17.17 and a 200 day moving average price of $17.72. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.11. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The company has a market cap of $11.25 billion, a P/E ratio of -323.84, a P/E/G ratio of 4.06 and a beta of 1.12.

Healthpeak Properties (NYSE:DOC) last issued its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.The company had revenue of $705.87 million for the quarter, compared to analysts’ expectations of $681.65 million. During the same quarter in the previous year, the firm posted $0.45 earnings per share. The firm’s quarterly revenue was up .8% on a year-over-year basis. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. Research analysts anticipate that Healthpeak Properties, Inc. will post 1.86 EPS for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 19th were given a $0.1017 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 7.5%. Healthpeak Properties’s dividend payout ratio (DPR) is -2,440.00%.

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.