Russell Investments Group Ltd. Boosts Position in Healthpeak Properties, Inc. $DOC

Russell Investments Group Ltd. raised its position in Healthpeak Properties, Inc. (NYSE:DOC) by 176.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,063,569 shares of the real estate investment trust’s stock after purchasing an additional 1,955,273 shares during the period. Russell Investments Group Ltd. owned about 0.44% of Healthpeak Properties worth $58,663,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC boosted its position in shares of Healthpeak Properties by 22.4% in the 3rd quarter. CoreCap Advisors LLC now owns 3,352 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 613 shares in the last quarter. Arjuna Capital increased its holdings in Healthpeak Properties by 4.8% during the 3rd quarter. Arjuna Capital now owns 14,768 shares of the real estate investment trust’s stock valued at $283,000 after acquiring an additional 679 shares in the last quarter. Venture Visionary Partners LLC raised its position in Healthpeak Properties by 4.8% during the third quarter. Venture Visionary Partners LLC now owns 15,455 shares of the real estate investment trust’s stock worth $296,000 after acquiring an additional 703 shares during the last quarter. Verdence Capital Advisors LLC raised its position in Healthpeak Properties by 2.6% during the third quarter. Verdence Capital Advisors LLC now owns 28,938 shares of the real estate investment trust’s stock worth $552,000 after acquiring an additional 727 shares during the last quarter. Finally, Accordant Advisory Group Inc lifted its holdings in shares of Healthpeak Properties by 0.9% in the third quarter. Accordant Advisory Group Inc now owns 79,998 shares of the real estate investment trust’s stock valued at $1,532,000 after purchasing an additional 728 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DOC shares. Wall Street Zen upgraded Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Evercore cut their price target on Healthpeak Properties from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Argus lowered Healthpeak Properties from a “buy” rating to a “hold” rating in a research note on Thursday, February 5th. Jefferies Financial Group cut Healthpeak Properties from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $21.00 to $17.00 in a research report on Monday, December 15th. Finally, Cantor Fitzgerald set a $17.00 target price on shares of Healthpeak Properties in a research note on Monday, January 5th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $19.42.

Healthpeak Properties Price Performance

Shares of NYSE:DOC opened at $17.38 on Wednesday. The company has a market cap of $12.08 billion, a P/E ratio of 173.83, a P/E/G ratio of 9.32 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 $20.81. The business has a fifty day simple moving average of $17.14 and a 200-day simple moving average of $17.58.

Healthpeak Properties (NYSE:DOC) last released its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The firm had revenue of $719.40 million for the quarter, compared to the consensus estimate of $685.14 million. During the same period in the prior year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Equities research analysts forecast that Healthpeak Properties, Inc. will post 1.86 EPS 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 issued a dividend of $0.1017 per share. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Tuesday, March 17th. Healthpeak Properties’s dividend payout ratio is presently 1,220.00%.

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.