Jones Financial Companies Lllp Raises Stock Position in Healthpeak Properties, Inc. $DOC

Jones Financial Companies Lllp grew its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC) by 10.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 263,547 shares of the real estate investment trust’s stock after acquiring an additional 25,445 shares during the period. Jones Financial Companies Lllp’s holdings in Healthpeak Properties were worth $5,679,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Allstate Corp grew its stake in Healthpeak Properties by 13.4% in the second quarter. Allstate Corp now owns 148,716 shares of the real estate investment trust’s stock worth $3,183,000 after purchasing an additional 17,564 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in Healthpeak Properties by 5.4% during the 2nd quarter. Sanctuary Advisors LLC now owns 149,426 shares of the real estate investment trust’s stock worth $3,198,000 after purchasing an additional 7,591 shares during the period. Meiji Yasuda Asset Management Co Ltd. bought a new stake in Healthpeak Properties during the 2nd quarter valued at $3,241,000. Compass Financial Management LLC bought a new stake in Healthpeak Properties during the 2nd quarter valued at $92,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Healthpeak Properties by 52.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 80,167 shares of the real estate investment trust’s stock worth $1,716,000 after buying an additional 27,639 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Healthpeak Properties Price Performance

Shares of DOC stock opened at $21.62 on Tuesday. Healthpeak Properties, Inc. has a 1-year low of $15.70 and a 1-year high of $22.95. The stock’s 50-day moving average is $21.41 and its 200 day moving average is $19.07. The company has a market cap of $14.91 billion, a P/E ratio of 61.77, a PEG ratio of 2.50 and a beta of 1.01. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.02 and a quick ratio of 3.02.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.05. The company had revenue of $771.58 million for the quarter, compared to analyst estimates of $725.64 million. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Research analysts predict that Healthpeak Properties, Inc. will post 1.77 earnings per share for the current fiscal year.

Healthpeak Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 14th will be given a $0.1017 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. Healthpeak Properties’s payout ratio is presently 348.57%.

Analyst Ratings Changes

DOC has been the topic of a number of recent research reports. Scotiabank increased their price target on Healthpeak Properties from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 27th. BMO Capital Markets lifted their price objective on Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, June 15th. JPMorgan Chase & Co. lifted their price objective on Healthpeak Properties from $18.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $22.00 price objective (up from $20.00) on shares of Healthpeak Properties in a research note on Thursday, June 11th. Finally, Barclays started coverage on shares of Healthpeak Properties in a report on Tuesday, July 7th. They set an “equal weight” rating and a $23.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $21.66.

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.