Lasalle Investment Management Securities LLC Purchases 59,865 Shares of Healthpeak Properties, Inc. $DOC

Lasalle Investment Management Securities LLC boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 12.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 533,956 shares of the real estate investment trust’s stock after buying an additional 59,865 shares during the period. Lasalle Investment Management Securities LLC’s holdings in Healthpeak Properties were worth $10,225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Healthpeak Properties by 41.0% in the third quarter. JPMorgan Chase & Co. now owns 28,236,534 shares of the real estate investment trust’s stock worth $540,730,000 after purchasing an additional 8,212,504 shares during the last quarter. Norges Bank bought a new stake in Healthpeak Properties in the 2nd quarter worth about $140,558,000. Equity Investment Corp raised its position in Healthpeak Properties by 209.6% in the 3rd quarter. Equity Investment Corp now owns 5,330,948 shares of the real estate investment trust’s stock worth $102,088,000 after buying an additional 3,608,849 shares during the last quarter. Prudential Financial Inc. lifted its stake in Healthpeak Properties by 153.4% during the 2nd quarter. Prudential Financial Inc. now owns 2,861,443 shares of the real estate investment trust’s stock valued at $50,104,000 after acquiring an additional 1,732,187 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of Healthpeak Properties by 266.1% in the second quarter. First Trust Advisors LP now owns 2,363,039 shares of the real estate investment trust’s stock worth $41,377,000 after acquiring an additional 1,717,555 shares during the period. Institutional investors own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DOC. Robert W. Baird lowered their price objective on shares of Healthpeak Properties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Argus cut Healthpeak Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 5th. Weiss Ratings raised Healthpeak Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Cantor Fitzgerald set a $17.00 price objective on Healthpeak Properties in a research report on Monday, January 5th. Finally, Wall Street Zen raised Healthpeak Properties from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $19.42.

Healthpeak Properties Stock Performance

NYSE:DOC opened at $17.67 on Friday. The stock has a 50-day moving average price of $16.93 and a 200 day moving average price of $17.57. The stock has a market capitalization of $12.28 billion, a P/E ratio of 176.71, a P/E/G ratio of 9.46 and a beta of 1.12. Healthpeak Properties, Inc. has a 12-month low of $15.71 and a 12-month high of $21.28. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC) last announced its quarterly earnings data 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. Healthpeak Properties had a net margin of 2.52% and a return on equity of 0.84%. The business had revenue of $719.40 million during the quarter, compared to analyst estimates of $685.14 million. During the same period last year, the firm posted $0.46 EPS. The company’s revenue was up 3.1% on a year-over-year basis. 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 fiscal year.

Healthpeak Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Tuesday, March 17th. Healthpeak Properties’s 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.