Advisors Management Group Inc. ADV Sells 46,215 Shares of Healthpeak Properties, Inc. $DOC

Advisors Management Group Inc. ADV reduced its stake in Healthpeak Properties, Inc. (NYSE:DOC) by 50.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 45,370 shares of the real estate investment trust’s stock after selling 46,215 shares during the period. Advisors Management Group Inc. ADV’s holdings in Healthpeak Properties were worth $730,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its holdings in Healthpeak Properties by 7.3% during the first quarter. Integrated Wealth Concepts LLC now owns 18,084 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 1,231 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 valued at $2,463,000 after acquiring an additional 63,930 shares during the last quarter. Woodline Partners LP boosted its stake in 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 valued at $1,195,000 after acquiring an additional 17,279 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Healthpeak Properties by 28.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 17,336 shares of the real estate investment trust’s stock valued at $304,000 after acquiring an additional 3,803 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Healthpeak Properties during the 2nd quarter valued at approximately $32,000. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Jefferies Financial Group cut shares of Healthpeak Properties from a “buy” rating to a “hold” rating and lowered their price target for the stock from $21.00 to $17.00 in a report on Monday, December 15th. Wells Fargo & Company reissued a “positive” rating on shares of Healthpeak Properties in a report on Tuesday, February 3rd. Evercore decreased their target price on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Cantor Fitzgerald set a $17.00 target price on Healthpeak Properties in a research note on Monday, January 5th. Finally, Argus cut Healthpeak Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $19.42.

Healthpeak Properties Stock Performance

Healthpeak Properties stock opened at $16.54 on Friday. Healthpeak Properties, Inc. has a 1-year low of $15.71 and a 1-year high of $20.40. 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 firm has a market capitalization of $11.50 billion, a PE ratio of 165.45, a price-to-earnings-growth ratio of 8.88 and a beta of 1.12. The firm’s 50 day simple moving average is $17.21 and its 200 day simple moving average is $17.50.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 EPS for the quarter, beating the consensus estimate of $0.45 by $0.02. The firm had revenue of $719.40 million during 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 quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. As a group, analysts expect that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current fiscal year.

Healthpeak Properties Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $0.1017 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a c) annualized dividend and a yield of 7.4%. Healthpeak Properties’s dividend payout ratio (DPR) is currently 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.