Allianz Asset Management GmbH Sells 272,025 Shares of Healthpeak Properties, Inc. $DOC

Allianz Asset Management GmbH trimmed its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 28.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 676,624 shares of the real estate investment trust’s stock after selling 272,025 shares during the period. Allianz Asset Management GmbH’s holdings in Healthpeak Properties were worth $12,957,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of DOC. Integrated Wealth Concepts LLC boosted its holdings in shares of Healthpeak Properties by 7.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock valued at $366,000 after purchasing an additional 1,231 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Healthpeak Properties by 110.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 121,881 shares of the real estate investment trust’s stock worth $2,463,000 after buying an additional 63,930 shares in the last quarter. Woodline Partners LP lifted its position in shares of Healthpeak Properties by 41.3% in the first quarter. Woodline Partners LP now owns 59,103 shares of the real estate investment trust’s stock worth $1,195,000 after buying an additional 17,279 shares in the last quarter. KLP Kapitalforvaltning AS boosted its stake in Healthpeak Properties by 21.4% during the second quarter. KLP Kapitalforvaltning AS now owns 261,319 shares of the real estate investment trust’s stock valued at $4,576,000 after buying an additional 46,100 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI grew its holdings in Healthpeak Properties by 71.1% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 41,436 shares of the real estate investment trust’s stock valued at $726,000 after buying an additional 17,217 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Cantor Fitzgerald set a $17.00 price objective on Healthpeak Properties in a report on Monday, January 5th. The Goldman Sachs Group began coverage on shares of Healthpeak Properties in a research report on Friday, January 9th. They issued a “neutral” rating and a $17.00 price target on the stock. Argus lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday. Evercore dropped their price objective on shares of Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Jefferies Financial Group downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating and reduced their target price for the stock from $21.00 to $17.00 in a report on Monday, December 15th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Healthpeak Properties has an average rating of “Hold” and a consensus target price of $19.42.

Healthpeak Properties Stock Up 1.1%

Shares of DOC opened at $16.86 on Friday. The company has a quick ratio of 1.22, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. The business has a fifty day moving average of $16.87 and a 200 day moving average of $17.59. The company has a market cap of $11.72 billion, a PE ratio of 168.62, a P/E/G ratio of 9.04 and a beta of 1.12. Healthpeak Properties, Inc. has a 52-week low of $15.71 and a 52-week high of $21.28.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.02. The business had revenue of $719.40 million for the quarter, compared to the consensus estimate of $685.14 million. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, sell-side analysts expect that Healthpeak Properties, Inc. will post 1.86 EPS for the current year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a $0.1017 dividend. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is 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.