American Century Companies Inc. Has $133.96 Million Position in Healthpeak Properties, Inc. $DOC

American Century Companies Inc. lifted its position in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 3.8% in the third quarter, Holdings Channel reports. The institutional investor owned 6,995,525 shares of the real estate investment trust’s stock after acquiring an additional 257,348 shares during the period. American Century Companies Inc.’s holdings in Healthpeak Properties were worth $133,964,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Vanderbilt University acquired a new stake in shares of Healthpeak Properties during the 3rd quarter worth approximately $1,263,000. Northside Capital Management LLC bought a new position in Healthpeak Properties in the third quarter valued at about $6,123,000. Baird Financial Group Inc. boosted its position in Healthpeak Properties by 38.5% during the 2nd quarter. Baird Financial Group Inc. now owns 402,466 shares of the real estate investment trust’s stock worth $7,047,000 after buying an additional 111,807 shares during the period. Argent Advisors Inc. acquired a new position in shares of Healthpeak Properties during the third quarter worth $1,536,000. Finally, Twin City Private Wealth LLC bought a new position in Healthpeak Properties during the 3rd quarter worth $1,148,000. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Robert W. Baird decreased their price target on Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 12th. Wells Fargo & Company reiterated a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. Argus lowered shares of Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Jefferies Financial Group downgraded shares of Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price target for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Finally, Wall Street Zen upgraded shares of Healthpeak Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $19.42.

Healthpeak Properties Stock Performance

Shares of DOC stock opened at $17.67 on Monday. The firm has a 50 day moving average of $16.93 and a 200-day moving average of $17.57. The company has a market cap of $12.28 billion, a price-to-earnings ratio of 176.71, a price-to-earnings-growth ratio of 9.46 and a beta of 1.11. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21. Healthpeak Properties, Inc. has a 52 week low of $15.71 and a 52 week high of $21.28.

Healthpeak Properties (NYSE:DOC) last released its 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. The company 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%. Healthpeak Properties’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, equities analysts forecast that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is 1,220.00%.

About Healthpeak Properties

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.