Brandywine Global Investment Management 13F: Adds $1.3M to DOC Stake

Brandywine Global Investment Management has increased its holdings in Healthpeak Properties, Inc. (NYSE: DOC) by 1.8%. The firm added 62,006 shares, bringing its total to 3,446,910 shares, valued at approximately $70.9 million. This information comes from the latest Form 13F filing with the SEC, reflecting positions as of the reporting period.

What Changed in Brandywine Global's Healthpeak Properties Position

Brandywine Global's move to add 62,006 shares represents a 1.8% increase in its stake in Healthpeak Properties. The total number of shares now stands at 3,446,910, with a reported value of about $70.9 million.

Other Institutional Activity in Healthpeak Properties

Other institutional investors also made adjustments to their Healthpeak holdings. BlackRock, Inc. trimmed its holdings by 182,068 shares, resulting in a total of 73,360,519 shares worth approximately $1.2 billion. Vanguard Portfolio Management LLC opened a new position with 58,125,899 shares valued at $955 million. State Street Corp reduced its stake by 872,866 shares, ending with 48,500,600 shares worth $796.9 million. JPMorgan Chase & Co significantly increased its holdings by 14,056,729 shares, bringing its total to 44,731,541 shares valued at $740.3 million.

Healthpeak Properties, Inc. Stock Up 5.3%

On Wednesday, shares of Healthpeak Properties traded near $20.56. The company has a market capitalization of $13.77 billion and a P/E ratio of 62.44. Its forward P/E is 133.2, and the stock's beta is 1.029. Over the past 52 weeks, the stock has traded between $15.70 and $20.82. The 50-day moving average is $18.53, and the 200-day moving average is $17.76. Healthpeak Properties has a current ratio of 2.039 and a quick ratio of 1.407, with a debt-to-equity ratio of 118.243.

Recent Earnings

Healthpeak Properties reported revenue of $2.87 billion with a growth rate of 7.1%. The company's earnings per share (EPS) is $0.32, with a net margin of 7.73% and a return on equity (ROE) of 2.8%. The next earnings report is expected on August 4, 2026.

Dividend

Healthpeak Properties offers an annual dividend rate of $1.22, yielding 6.24%. The dividend payout ratio stands at 381.26%.

Insider Buying and Selling at Healthpeak Properties, Inc.

Recent insider activity at Healthpeak Properties includes several transactions on May 29, 2026. EVP and Treasurer Ankit Patadia bought 1,358 shares at $15.46 each and sold 94 shares at $19.15. Chief Financial Officer Kelvin Moses purchased 937 shares at $15.46. President and CEO Scott Brinker sold 114 shares at $19.15.

Analysts Set New Price Targets

On June 15, 2026, BMO Capital maintained its buy rating on Healthpeak Properties with a price target of $24. On June 11, Morgan Stanley downgraded the stock to hold, setting a target of $22. Wells Fargo, Scotiabank, and RBC Capital also maintained their ratings with varying price targets. The consensus among 18 analysts is a buy, with an average target price of $21.28.

About Healthpeak Properties

Healthpeak Properties, Inc. is a real estate investment trust (REIT) based in Denver, Colorado. The company focuses on owning and developing healthcare-related real estate across the United States. Healthpeak's portfolio includes outpatient medical buildings, labs, and continuing care retirement communities. Led by CEO Scott M. Brinker, the company employs around 411 people and is part of the S&P 500.

Bottom Line

Investors watch Healthpeak Properties for its strong position in healthcare real estate. The recent 13F filing from Brandywine Global shows an increased commitment to the stock. While institutional activity provides insights, remember that these filings reflect past positions and may not indicate current strategies.